Specialty Risk Archives - Kapnick Insurance Group

Jul 28

Navigating the Complex World of D&O Policies with Kapnick: A Case Study

By Kapnick Insurance Group Insurance, Personal Insurance, Risk Solutions, Specialty Risk

Protecting Your Assets with Kapnick’s Unique Approach: A Case Study A private client, invited to join a for-profit company board, faced a dilemma. The company’s D&O policy didn’t offer enough protection, and the client didn’t want to risk personal assets. The company couldn’t afford to increase their D&O coverage, and the client’s personal policy didn’t provide enough cover. The stakes were high – private company D&O claims can cost around $700,000 on average. A solution was needed, and quickly. This is where Kapnick shined. The team at Kapnick Risk Services collaborated with private client experts to craft an independent D&O…

Aug 02

Protecting Your Law Firm Against Every Risk

By Kathy Wood Employee Benefits, From the Experts, Specialty Risk

As with any business, there are a few specialty risks that Law Firms should be aware of. Each of these risks has an insurance plan that can help to combat any problems that may arise, and help protect your law firm. As an expert in Employee Benefits, Kapnick provides holistic solutions for our clients. Our one firm approach includes having

Nov 23

Cannabis D&O Coverage Difficult, But A Must To Protect Leaders’ Financial Assets

By Rama Gupta Business Insurance, From the Experts, Specialty Risk

In a constantly evolving and sometimes tumultuous market, directors and officers liability (or D&O) insurance is a must in order to protect the financial assets of owners, board members, and executives of cannabis companies, whether public or private. D&O insurance covers

Aug 30

The Impact of Specialty Risk Consultations – A Kapnick Case Study

By Kapnick Insurance Group Case Studies, Specialty Risk

The following is a case study about how Kapnick’s Specialty Risk experts provided in-depth consultation of policies to ensure a real Kapnick client fully understood how their management liability coverage would respond in various claim scenarios to mitigate risk and add value to their business.

Aug 02

The Impact of Individual D&O – A Kapnick Case Study

By Kapnick Insurance Group Case Studies, Specialty Risk

The following is a case study based on real Kapnick clients about the impact of of insufficient D&O coverage for an individual board member and Kapnick’s collaborative, One Firm solution. THE PROBLEM One of Kapnick’s private clients was invited to join the board of a for-profit company but was concerned

Aug 25

KSR Summary: PPP Insurance Summary

By Kapnick Insurance Group Specialty Risk

Background: In connection with the COVID-19 epidemic, the U.S. Congress passed the CARES Act in order to provide financial support and relief to businesses and individual citizens. As part of the CARES Act, the Paycheck Protection Program (‘PPP’) was put in place to provide potentially forgivable loans to small businesses (under 500 employees) who were struggling financially due to the economic uncertainty of the pandemic. The PPP loans were administered by local, regional and national banks and the program is overseen by the Small Business Administration (‘SBA’). The Risk: Applicants for PPP loans needed to demonstrate that the loan request…

Apr 29

Potential Pitfalls of Blanket Reporting of Notice of Circumstances

By Kapnick Insurance Group Coronavirus, Specialty Risk

There is a common misconception that there is no downside for reporting a circumstance which might become a future claim for D&O, E&O, Employment Practices, Fiduciary and Cyber liability policies. However, coverage issues could arise from doing so.

Mar 27

COVID-19 and Specialty Risk Lines Assessment

By Kapnick Insurance Group Coronavirus, Specialty Risk

Given the current global COVID-19 pandemic, now more than ever catastrophic “balance-sheet protection” specialty coverages are in the limelight. We are pleased to share our assessment of the risk and insurance opportunities and hurdles

Specialty Risk

Navigating the Complex World of D&O Policies with Kapnick: A Case Study

Protecting Your Law Firm Against Every Risk

Cannabis D&O Coverage Difficult, But A Must To Protect Leaders’ Financial Assets

The Impact of Specialty Risk Consultations – A Kapnick Case Study

The Impact of Individual D&O – A Kapnick Case Study

KSR Summary: PPP Insurance Summary

Potential Pitfalls of Blanket Reporting of Notice of Circumstances

COVID-19 and Specialty Risk Lines Assessment

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