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6 Risk Management Best Practices for your Fitness Studio

EPIC’s Pure Barre Insurance Program was designed specifically for U.S. based franchise owners. This custom designed program offers several benefits including: A simplified online enrollment process, immediate rating and enhanced coverages, including liability options up to $5 million per occurrence, non-owned and hired auto coverage, as well as property/inland marine coverage for studio property and equipment. Studios who join our Pure Barre Insurance Program benefit from group purchasing power, group claims protection, and coverage enhancements designed for Fitness Studio Risk. Six Best Practices We Recommend  Collect Waivers from All Studio Participants Waivers are a key first …

https://www.epicbrokers.com/insights/6-risk-management-best-practices-for-your-fitness-studio/

Third Party Vendor Risk Management is One of the Biggest Challenges Accounting Firms Face

… one accounting firm, a cyber criminal can gain access to information on hundreds or thousands of companies and individuals. But, direct attacks on accounting firm systems are not the only way a cyber criminal can succeed. Indirect attacks can be just as powerful and often times easier! Third party vendor risk management is one of the biggest challenges accounting firms, of all sizes, face today. Given the current privacy regulatory environment, the possibility of a data breach presents significant financial and reputational risks. As digital connections between accounting firms and vendors continue to increase, the risk of a breach via …

https://www.epicbrokers.com/insights/third-party-vendor-risk-management-is-one-of-the-biggest-challenges-accounting-firms-face/

EPIC Alert: Self-Funded Plan Risk Management - October 2019

… gene therapies continue to enter the market, EPIC would like to proactively recommend risk strategies to manage these potential expenses before it affects the overall business model. EPIC suggests proactively managing this risk using the following tools: Partnering with a Pharmacy Benefit Manager that includes appropriate prior authorizations and case management capability. Steering medications through the Pharmacy Benefit Manager rather than a medical facility. EPIC negotiates the best in market stop loss contracts for our clients. We strongly encourage investing in additional protection through your stop loss provider to mitigate plan risk. This is the only “true” insurance you have …

https://www.epicbrokers.com/insights/epic-alert-self-funded-plan-risk-management-october-2019/

Risk Management

… disruption, negatively impact stock performance, and can result in termination of company officers. We have identified cyber risk exposure through emerging technologies to be the top risk facing the industry. Environmental Our practice provides industry-leading risk management and insurance brokerage services. We specialize in environmental insurance products for both site-based exposures as well as service-based exposures associated with engineering, consulting, and contracting. Financial Services & Executive Protection Our team brings together expertise in all aspects of management liability to provide a holistic approach to identifying, understanding and managing these exposures to risk. Global Risk EPIC’s own international

https://www.epicbrokers.com/services/risk-management/

IPO Readiness & Risk Overview

… public can be a transformative milestone, creating opportunities for growth, increased visibility, and access to capital. However, the IPO process also brings new risks, including heightened regulatory oversight, shareholder litigation exposure, executive liability concerns, and evolving governance expectations. EPIC Insurance Brokers & Consultants supports organizations throughout the IPO lifecycle with specialized risk management, executive risk, and advisory solutions designed to address these complexities. Combining deep industry knowledge, global market access, and a collaborative approach, EPIC helps companies navigate uncertainty and build confidence as they enter the public markets. In this overview, we explore the critical risk management strategies organizations should consider …

https://www.epicbrokers.com/insights/ipo-readiness-risk-overview/

Mitigating Catastrophic Verdicts: Strategy, Litigation Philosophy, and Early Action

… verdict risk Who Should Attend Risk Managers General Counsel Claims Leaders Insurance Buyers Legal and Compliance Leaders Finance and Operations Executives Webinar Details Date: July 22 Time: 1:00 p.m. EST Register now to reserve your spot Featured Speakers Larry Reback, J.D., LL.M, ARM (Moderator) Managing Principal Leader, Policy Response Unit (PRU) EPIC Insurance Brokers & Consultants Patrick Gallagher, FSA, FCAS Chief Growth Officer, Risk Management EPIC Insurance Brokers & Consultants Matt Peterson Senior Vice President Fairly Group, an EPIC company Mike Fountain Vice President, Safety & Risk Management Dycom Industries, Inc. Karen Valanzano Co-Head, Global Government Affairs Chubb

https://www.epicbrokers.com/insights/managing-catastrophic-verdicts/

The Invisible Lien

Environmental Coverage in Real Estate Transactions: Reframing Environmental Uncertainty Through Risk Transfer Author: Alex Brown, Senior Vice President, EPIC Environmental Practice Group Environmental risk is one of the few transactional exposures capable of creating significant cost and disruption long after a deal closes. Under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA, commonly known as the federal Superfund law), liability is strict, can be imposed retroactively, and can be applied jointly and severally. As a result, a current property owner can be compelled to assume the full cost of remediating contamination caused by a prior operator decades earlier, regardless …

https://www.epicbrokers.com/insights/the-invisible-lien/

EPIC Welcomes Leslie DeWald

EPIC is pleased to announce that Leslie DeWald has joined the firm as Senior Vice President-Principal within our Aviation & Aerospace practice. For more than 50 years, Leslie has been a driving force in the international aviation and aerospace insurance sector, shaping solutions for some of the most complex and unconventional risks in the industry. Her career spans the world’s major insurance markets—including the United States, Lloyd’s of London, and leading European underwriting centers—where she has served as both broker and underwriter with deep technical authority. Throughout her tenure, Leslie has held senior leadership roles within …

https://www.epicbrokers.com/insights/epic-welcomes-leslie-dewald/