The definitive thoughts, frameworks, and analyses on modern risk.
This time each year, it seems the media is full of back-to-school protection tips advising parents and college students on how to protect their “stuff”. While the guidance is helpful, these tired articles commonly ignore the host of emerging risks that can expose a family’s assets and jeopardize the welfare of their child. Every […]
Ask someone familiar with branding this question, and they will explain a person’s or organization’s name conveys a brand. Good, bad, or unfamiliar, names convey a brand. Donald Trump and Colin Powell. Two very different brands. Ritz Carlton and Hotel 6. Again, two distinctly different brands. Coke and Pepsi. Two brands that are quite similar. […]
A recently released white paper from Ace Private Risk Services reminds financial advisors that many investors are increasingly turning to their passion for fine art, wine and other collectibles in an effort to rebalance their investment portfolios. Sound risky? Well, it is not uncommon that well managed collections outperform more conventional investments. This strategy is […]
I was surprised at the level of interest in my post a few weeks ago referencing the often overlooked (and uninsured) risk of “personal injury”. For those who missed it, I reminded readers of the need to be aware of this risk, especially for those with children who are active on social media websites. I […]
A former colleague and a Senior VP at Ace Private Risk Services has succinctly explained the “Five Steps For Getting The Best Protection From Your Insurance Agent” in this two page article published in a recent edition of the Institutional Investors publication Private Asset Manager. An excerpt: “Independent agents are skilled in asking questions about […]
I cringe each time I see major insurance carriers advertising their coverage using “save ___% in __ minutes” or “name your own price” deceptive sales pitches. Most sophisticated consumers understand that in order to significantly lower insurance costs, certain sacrifices in protection (known or unknown) lurk somewhere in the fine print. Meanwhile —- there IS […]
In this great article, Paul Sullivan, the Wealth Matters columnist for The New York Times, examines the many issues posed by the title: How Do I Know You’re Not Bernie Madoff? With a close understanding of the heightened desire among affluent and high net worth insurance consumers to better vet who they are doing business […]
Given the tumult that is occurring in the marketplace, many clients are re-discovering the importance of aligning their insurance coverage with carriers that can best document their financial stability and strong claims paying ability. With fortuitous timing, a new provider of comprehensive insurance coverage can also demonstrate remarkable financial stability, and is now open for business: […]