Why Buy Cyber Liability? 10 Reasons Healthcare Entities Need to Buy Now 1 | PRIVACY LAWS Federal laws including the Health Insurance Portability and Account- ability Act (“HIPAA”) and the Health Information Technology for Economic and Clinical Health (“HITECH”) Act require prompt notification if protected health information (PHI) that is not encrypted is lost,...Read More
Dare we say it?! There are signs of a hardening market in healthcare. February 2020 For those of you that have been around as long as I have, you’ve most likely experienced a “hard market.” For those of you that haven’t, you might be asking, just what is a hard market? IRMI defines it as...Read More
Insurance Business Magazine has just released it’s annual roundup of the Top Specialist Brokers in the United States, and our West Coast Lawyers’ Professional Liability Practice Leader, Raffi Kodikian was chosen for his knowledge of and deep expertise in lawyers’ professional liability insurance. Congrats Raffi! We’re lucky to have you on team Founders. Raffi Kodikian...Read More
Why Use a Wholesale Insurance Broker? Why Use FoundersPro? Why would an insurance agent need to use a wholesale insurance broker? Maybe the agent doesn’t have access to specific insurance markets, or knowledge on a specific industry or line of insurance. That’s when it’s time to turn to a wholesale insurance broker. Wholesale brokers can...Read More
The All-Inclusive Work Environment is our Reason for Success! When we started Founders Pro, we wanted to do as much as possible to make our company the best place to work for every employee, not just certain employees. We decided we were not going to be just another company that said our people were...Read More
Today, companies would never think of operating without property and casualty insurance. Yet, everyday companies are ignoring a risk that has the potential to cause just as much financial damage and even impact future viability. Small businesses are much more likely to be hit by a cyber attack, and are less resourced to deal with...Read More
Why Buy Cyber Liability? 10 REASONS ARCHITECTS, ENGINEERS & CONTRACTORS NEED TO BUY CYBER LIABILITY INSURANCE NOW 1 | PRIVACY LAWS Forty-seven states, the District of Columbia and the federal government have privacy laws requiring prompt notification if personally identifiable information (“PII”) that is not encrypted is lost, stolen or disclosed. Cyber coverage will...Read More
Representations and warranties insurance, also known as ‘Reps and Warranties’, is the insurance that protects against breaches of contractual representations and warranties that a seller makes in transaction documents during a commercial merger or acquisition. These insurance policies are increasingly purchased for mergers and acquisitions (M&A) transactions to help the buyer and the seller ensure...Read More
Do You Carry Enough Insurance to Work with Us? What do you do if a project comes along that you want to bid on, but you don’t have enough insurance in place to comply with the contract? It’s becoming more and more common for Architecture, Engineering, and other Design firms to bid on contracts that...Read More
Founders Professional is proud to represent the New SwissRe Lawyers Professional Liability Insurance product in ARIZONA Never before available in the State of Arizona, SwissRe is excited to launch their industry leading Westport lawyers professional liability insurance program as of October 1, 2019. This program is written on an admitted policy form and is...Read More