Search results for: “Insurance Strategy”

  • Business Income Insurance: Lessons from Recent Disasters

    When a disaster strikes, physical damage is just the beginning. For many businesses, the bigger challenge is the disruption to operations, revenue, and customer trust. Business Income (BI) coverage—often misunderstood or overlooked—has emerged as a critical tool for ensuring resilience. From hurricanes and wildfires to supply chain breakdowns, real-world events have proven that companies with…

  • Client Advisory: Cyber Insurance Considerations for New SEC Cybersecurity Rules for Public Companies

    In this client alert, we summarize the new cybersecurity disclosure requirements in the final rules and suggest ways to prepare for compliance with the new requirements from an insurance perspective. While companies will need to review their D&O, cyber, and crime bond insurance policies, this client alert will focus on cyber insurance considerations.   On…

  • Consider a Single Parent Captive in a Soft Insurance Market

    The insurance market began to show signs of softening in 2024 and has continued to do so into 2025. We are experiencing decelerating rate increases for Property insurance, and Workers’ Compensation has continued to remain favorable for buyers. While Umbrella and Auto Liability remain challenging in some segments, the broader trend is one of selective…

  • Marsh McLennan completes acquisition of McGriff Insurance Services

    November 15, 2024 NEW YORK – Marsh McLennan (NYSE: MMC), a global leader in risk, strategy and people, today completed the acquisition of McGriff Insurance Services, LLC. With the closing of this acquisition, McGriff’s more than 3,500 colleagues will join Marsh McLennan Agency. “We are thrilled to welcome the McGriff team to Marsh McLennan,” said John Doyle, President and CEO…

  • As Data Center Demand Accelerates, Utilities Face a New Risk Landscape

    Power demand is rising faster than infrastructure can be delivered Artificial intelligence, cloud computing, and digital infrastructure are driving unprecedented demand for data centers across the United States. According to industry estimates, approximately $3 trillion is expected to be invested globally in digital infrastructure by 2030, with U.S. data center growth projected to add nearly…

  • Delegated Design in Construction: Professional Liability Risks for Contractors

    Project delivery methods in commercial construction have changed dramatically over the past decade. More owners are now embracing project delivery methods that streamline schedules and encourage collaboration among multiple parties throughout the construction process. As projects get bigger, more specialized, and more complex – such as data centers, healthcare facilities, manufacturing plants and institutional buildings…

  • Structuring Construction Liability Coverage for Multifamily Developers

    A well-structured General Liability program can significantly improve cost efficiency, risk control, and long-term outcomes for multifamily developers. Developers are paying for all General Liability insurance tied to their projects, whether that cost is visible or hidden. Developers can rely on the general contractor (GC) and subcontractors to carry coverage and build it into their…

  • McGriff National Webinar Series

    About the Webinar Series Webinars typically take place on the third Thursday of every month at 2:00 p.m. Eastern time. Each webinar lasts approximately 60 minutes. Registration links are provided below with each webinar; a confirmation email will be sent to the email address provided. Reminder emails will be sent 24 hours and one hour…

  • The Impact of Nuclear Verdicts and Modern Courtroom Tactics on Claim Adjusting

    Two of the most influential developments are the rise of extremely large jury awards—commonly referred to as nuclear verdicts—and the evolution of modern courtroom strategies used by plaintiff attorneys. Together, these trends have increased claim severity, heightened litigation risk, and forced insurers to modify how claims are investigated, documented, reserved, and settled. As a result,…

  • Inside Management Liability Exposures for Family Offices

    A family office is a private organization established to manage the financial and personal affairs of a wealthy family. Typically serving families with assets exceeding $100 million, these entities oversee investments, trusts, estate planning, tax strategy, and philanthropic activities, and they often operate businesses. Family offices vary widely in structure. Some have formal boards or…