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Captives

… Captive insurance companies that are owned by a single corporation or business unit are called single-parent captives. Historically popular with multinational companies, more and more small and medium-sized businesses are taking advantage of the benefits of single-parent captives. Benefits: Retention of underwriting profits and investment income Alternative risk financing Underwriting stability Risk management enhancement Control over the claims process and premiums paid Availability of coverage otherwise difficult or impossible to find Cost reductions New revenue and cash flow streams Competitive advantages Related Services Captive Consulting From determining your organization’s risk profile to administering your program, we

https://www.epicbrokers.com/services/captives/

Lateral Hires: Uncharted Waters

… to service. Lemme approaches each opportunity with integrity, transparency and full accountability to our clients. We are honored to have built long-term relationships with clients ranging in size from top national firms to large regional and local firms throughout the United States. In working with clients across the full spectrum of service offerings, specialty niches, and overall risk profiles, we gain valuable insights into claim trends, regulatory requirements and best practices we share with decision-makers. Moreover, this knowledge gives us the ability to build enhanced policy wordings, program structures and risk management to achieve the best overall results

https://www.epicbrokers.com/insights/lateral-hires-uncharted-waters/

Professional Wellbeing Should be the New Normal

Significant progress has been made in recognizing the importance of mental health and wellbeing, however, there is still a lot more that can – and should – be done. Proactively providing employees with appropriate well-being support and resources can help professional service firms mitigate a variety of risks and facilitate other benefits. While professional wellbeing is crucial to a firm’s sustainability, investing in it is often an overlooked risk management opportunity. DOWNLOADABLE RESOURCES LEMME Professional Wellbeing Article (PDF) Lemme’s Zina Saeed spoke with Roberta Benson, founder of The Benson Firm, to discuss why this issue continues to pose such …

https://www.epicbrokers.com/insights/professional-wellbeing-should-be-the-new-normal/

21 Predictions for 2021

… survey work. While the burdens of flying drones have lessened with respect to licensure and costs, insurance and liability concerns (related mainly to privacy and trespass) remain, requiring a specific risk management approach. 4. The Standard of Care Will Change Whether or Not Codes and Regulations Do Too.  Focusing on health-oriented issues, new design and construction standards will be established. While modular design, prefabricated elements, flexible partitions, and lightweight structures will increase in use, architects will start planning new configurations with social distancing measures in mind. 5.  First COVID-19 Related Professional Liability Claims. 2021 will bring the …

https://www.epicbrokers.com/insights/21-predictions-for-2021/

Managing Cyber Risk for Law Firms

… approaches each opportunity with integrity, transparency and full accountability to our clients. We are honored to have built long-term relationships with clients ranging in size from top national firms to large regional and local firms throughout the United States. In working with clients across the full spectrum of service offerings, specialty niches, and overall risk profiles, we gain valuable insights into claim trends, regulatory requirements and best practices we share with decision-makers. Moreover, this knowledge gives us the ability to build enhanced policy wordings, program structures and risk management to achieve the best overall results for our clients.

https://www.epicbrokers.com/insights/managing-cyber-risk-law-firms/

Steve Nelson as Chief Growth Officer, Private Client Practice

A newly created role will drive revenue with high-net-worth clients EPIC Insurance Brokers and Consultants has appointed Steve Nelson as Chief Growth Officer of their Private Client Practice. In this newly created role, Nelson is being elevated to continue to drive growth within the Private Client Practice of EPIC. He will provide broad direction in the high-net-worth private client space regarding national strategy, new sales development, and talent acquisition. Nelson’s background and his private client intellectual capital make him the perfect fit for this position. He brings over 30 years of personal risk management and …

https://www.epicbrokers.com/insights/steve-nelson-is-chief-growth-officer/

Jon Stack Joins EPIC

… Stack will be based in Dallas and will work with high net worth clients to assess their risk exposure while working with the EPIC team to develop strategic solutions. Stack brings over 25 years of experience in insurance and risk consulting. Prior to joining EPIC, he ran Jon Stack Insurance & Risk Consulting where he created teams to design and service risk management and insurance programs for organizations/private clients across the US. This provided total cost analysis that allowed organizations to make more informed and insightful decisions regarding their overall risk management and total cost of insurance. He also worked …

https://www.epicbrokers.com/insights/jon-stack-joins-epic/