CrowdStrike Incident’s Ripple Effect on the Cyber Insurance Market Navigating the Aftermath: Lessons from the CrowdStrike Cyber Outage On July 19th, the CrowdStrike cybersecurity incident reverberated across global financial institutions, airlines, healthcare facilities, and government offices, disrupting operations worldwide. According to CrowdStrike, a faulty sensor configuration update in its cybersecurity platform triggered the...Read More
We’re Rebranding as Wholesure | What You Need to Know Exciting News! Founders Professional has officially rebranded as Wholesure. On June 24, 2024, we joined forces with many other wholesalers, binding authorities and MGAs to bring you broad market access in P&C, Specialty, Life and Employee Benefits insurance – we can now offer more solutions...Read More
Oprah Winfrey to Chelsea Handler – Skinny Shot Popularity Clouds Healthcare Underwriting The Semaglutide Craze Weight loss is trending in the realm of healthcare. Over the past few years, there has been a significant increase in the amount of people that are using an injection containing Semaglutides to lose weight. These shots were originally...Read More
Automation Everywhere. But is it covered? Do you remember a time when technology was an afterthought? When we didn’t have smart phones attached to our hips? When everything we interacted with wasn’t powered by technology and automation? Many of us were born in a time making us older than companies like Google, Amazon, or...Read More
ESG and Increased Exposure for Directors and Officers In the fast-evolving landscape of corporate governance and Directors and Officers Liability Environmental, Social and Governance Insurance (D&O) claims have seen a notable surge, with Environmental, Social and Governance (ESG) factors playing a pivotal role. This article discusses what ESG is and how it can increase the...Read More
Trends in Senior Living Communities after the Pandemic During the COVID-19 crisis, senior living communities were greatly impacted by the pandemic. Senior communities were put into survivor mode – as they struggled with virus control, increased mortality, and forcing seniors into isolation from their family and friends. With the heaviest part of the pandemic behind...Read More
What are Antitrust Laws? Antitrust laws in the United States govern competition, monopolistic practices, unfair trade, or price fixing. Price fixing of wages, hours, salaries, benefits, and other compensation are subject to antitrust laws. The most famous antitrust laws in the United States are the Interstate Commerce Act of 1887, the Sherman Antitrust Act of...Read More
Ingrid Raphael-Seplowe Joins the Team Please meet the newest Founders Professional Healthcare team addition – Ingrid Raphael-Seplowe. Ingrid Joined Founders in June 2023. She brings over 30 years of insurance expertise to the team. Before joining Founders, Ingrid worked as a Healthcare Broker at Risk Placement Services for 11 years she focused on the placement...Read More
Municipalities – One of the Toughest Classes of Business to Secure Cyber Insurance July first is known as one the busiest times of the year for municipal cyber insurance. Here at Founders Professional, we are seeing an influx in cyber submissions for this class. Municipalities and other government entities remain one of the toughest classes...Read More
Opportunities Abound in Life Sciences The Life Sciences and Nutraceutical industries must carefully address the unique exposures they face in relation to their service, development, manufacturing, sale, distribution, and warranty of products. Clinical trials, pharmaceuticals, medical devices, biotechnology, and dietary supplements all have unique liability challenges that need customized and comprehensive coverages. Products Liability...Read More
