Whether you are an investment advisor, a lawyer or an accountant, it is important to minimize risk in the financial industry. Protect your business and clients from everyday risks with these best practices:
Landing a new client is often the result of weeks or even months of hard work. While the idea of a new prospect is exciting, it is important
As a healthcare professional, you know proper medical documentation is important for many reasons. With precise information, each health care professional to treat a patient can review the correct information at various stages of treatment and provide the best care.
Detailed information is also extremely important in the case of a malpractice lawsuit against members of the health care team. Comprehensive, professional
From clear communication to proper documentation, there are many ways you can prevent malpractice claims and subsequent loss at your firm. Follow these loss prevention tips for attorneys to protect your firm.
Allegations of conflict of interest drive both frequency and severity. Watch carefully for conflicts arising from dealings with former or current clients and avoid those arising
Lockton Affinity offers a variety of policy types to fit the complex insurance needs of clients like you. Despite the differences of many companies and organizations, one of the most common insurance policies needed is liability coverage.
However, there are many types of liability coverage. For example, Lockton Affinity offers:
Whether you are a national non-profit or a local affiliate maintaining a community center, hosting a fund-raising event, or having volunteers working in the field, following these tips for non-profit risk management just makes sense. Protect your non-profit members and affiliates from everyday risks with these best practices:
Slips, trips and falls make up the majority of all general
As an owner, you never want to think about damage to your hard-earned business. Unfortunately, it’s a risk you face each and every day. Whether a fire shuts down your business for months or a broken computer system halts operations for a day, insurance for business owners is critical.
While purchasing insurance isn’t the most exciting part of owning your own business, it
With insurance limits, retroactive dates, coverage exclusions and more, insurance can be confusing. At Lockton Affinity, we strive to make it as simple as possible. Read on for some basic information about insurance limits and how to select them.
An insurance limit, or limit of liability, is the maximum amount the insurance company will pay under a given policy. So
Professional Liability Insurance covers the cost of certain legal fees, and settlements that you may face as a result of claims brought against you based on the advice or services you have provided.
While your employer may have Professional Liability Insurance, it is important to have your own policy for many reasons.
Time. Regardless of guilt or innocence, legal proceedings can
The Cyber Breach
Unfortunately, law firms are still regarded as “soft” in the comparative world of cyber targets. Many law firms use systems that are easier to penetrate than those of their more sophisticated clients. This imbalance in technology leaves the law firm as the weakest link in the data chain and an obvious target for cyber criminals.
Further, lawyers, even if employed at
Do you wonder if you really need legal malpractice insurance when you open your law practice? Even if your practice is small and you are extremely diligent in your work or you work in an area where ‘everyone knows everyone’ and you believe that your clients would never sue you, consider the following: