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Winter Weather Increases the Opportunity for Claims Winter weather is nearing for many financial institutions across the United States. With the onset of winter come risks from freezing temperatures and snow, increasing opportunities for unwanted claims.  There are steps that can be taken to reduce the risks this weather presents. Steps to Take Now Last […]

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The Cost of a Cyber Breach Could Overwhelm Your Financial Institution Clients The NetDiligence® 2016 Cyber Claims Study revealed that the most expensive cyber breaches between 2013 and 2015 occurred in the financial services sector with upwards of $15 mil. of losses and costs. In addition, financial services had the highest average breach cost at […]

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Strategy for Growth: Focus and Expertise In their September 2016 cover story “Growth Strategy”, Best’s Review highlighted the growth of W. R. Berkley Corporation, parent company of Berkley FinSecure, and the leadership transition that has been years in the making. As the reins of the company are handed over to Rob Berkley by his father, […]

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Financial Institutions Exposed to Growing Litigation There are a growing number of allegations and settlements regarding website accessibility among organizations, of which financial institutions are not exempt, with some including actual lawsuits and others seeking settlements. The exposure grows from ensuring websites are accessible per Web Content Accessibility Guidelines (WCGA) to a wide range of […]

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National Preparedness Month September is recognized as National Preparedness Month, serving as a reminder to take action now and throughout the year for emergencies that can affect us. For financial institutions, this is a great time to begin reviewing a business continuity plan, emergency response plan, or take a risk assessment to understand exposures to your […]

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