Search results for: “Third Party Risk”

  • Managing Third-Party Transportation Risks in Senior Living Organizations

    The Transportation Landscape Senior living operators outsource transportation to reduce capital investment, transfer liability, support ADA compliance, access specialized training, maintain regulatory flexibility, and scale services with census demand. Vendor Types Non-Emergency Medical Transportation (NEMT) Rideshare Platforms (Uber Health, Lyft Healthcare) Taxi/Car Services: Traditional providers Charter/Bus Services: Group transportation Regulatory Environment Transportation operates at the…

  • AI and Executive Risk: Why Coverage Language Matters Now

    The question is not whether AI creates new risks – it does – but whether current policy language was designed to respond. In most cases, that answer is still unclear. That is not necessarily a bad thing for policyholders. Standard executive risk insurance policies, including Tech E&O, Cyber, Professional Liability, D&O and EPL, are not…

  • Navigating Pollution Liability Exposures: Strategies for Effective Risk Management

    Pollution incidents—chlorine leaks at hotel pools, dust from construction sites, chemical releases in manufacturing, etc.—pose significant safety and liability challenges across many industries, including hospitality, construction, manufacturing, healthcare, transportation, and agriculture. The scenarios above highlight the critical need for organizations of all sizes and across all sectors to integrate pollution risk management into their safety…

  • Rise of the Robots: Benefits, Challenges, Risks, and Mitigation of Industrial Robots

    There have been multiple generations of industrial robots, beginning in the 1950s with Unimaton, the first company to exist specifically to manufacture such robots. The initial robots were called “Unimates.” These robots could perform a single task, such as removing die-cast parts in the automotive industry. Today, we have industrial robots, collaborative or “co-bots,” and…

  • California Wildfires and Liability Risks for Utility Contractors

    The recent devastation from the fires in Los Angeles, California, has spotlighted several issues – from risk mitigation and the adoption of stricter building codes to help minimize property loss to causation, negligence, and insurance. Among the issues being examined is the role of utility companies and wildfires. Lightning, arson, and utility lines are the…

  • Executive Risk Advisors

    Executive Risk Advisors Executive, Professional, and Transactional Risk Insurance Specialists When it comes to executive risk protection and crisis control, you need a proven leader that combines deep knowledge and experience with a thorough and up-to-date understanding of legislation affecting risk transfer decisions. The McGriff Executive Risk Advisors (ERA) group will partner with you to…

  • Executive Risk Insurance

    Executive Risk Advisors Executive, Professional, and Transactional Risk Insurance Specialists When it comes to Executive Risk protection and crisis control, you want a proven leader that combines deep knowledge and experience with a thorough and up-to-date understanding of legislation impacting risk transfer decisions. The McGriff Executive Risk Advisors (ERA) group will partner with you to…

  • Mechanics Wanted: Aviation Industry Facing Shortage of AMTs

    Aviation maintenance technicians (AMTs) keep our planes safe, compliant, and in the sky. Their responsibilities include inspecting, repairing, and certifying aircraft in accordance with stringent regulations. Unfortunately, the U.S. aviation industry is facing a real shortage of AMTs, driven by an aging workforce, training constraints, and evolving technology. Current Workforce Challenges The Federal Aviation Administration…

  • 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…

  • Plaintiff Attorneys AI Claim Severity

    This article explores how plaintiff attorneys use AI to drive claim severity—maximizing the value of claims through data-driven insights and advanced analytics. It further examines the legal and ethical challenges posed by AI use, the countermeasures employed by defense counsel, and offers recommendations for policymakers to ensure fairness and transparency in litigation. Literature and Market…