Quota share is a method of spreading the risk on an individual account through multiple insurers. What happens in a quota share is that insurance companies share a percentage of the risk based on what they establish up front. Tune in to learn more!
In this episode let’s talk about one key exclusion which is Environmental Pollution Liability. It is an exclusion on pretty much every policy unless that pollution was the direct result of a covered loss. Tune in to learn more!
Directors and Officers (D&O) Liability Insurance, according to International Risk Management Institute (IRMI), is a type of liability insurance covering directors and officers for claims made against them while serving on a board of directors and/or as an officer. D&O can be written to cover the directors and officers of for-profit businesses, privately held firms, not-for-profit organizations, and educational institutions. Tune in to learn more!
Employment Practices Liability Insurance (EPLI), according to International Risk Management Institute (IRMI), is a type of liability insurance covering wrongful acts arising from the employment process. The frequent type of claims that are paid under an EPLI policy are: sexual harassment, discrimination, wrongful, termination, and retaliation. Tune in to learn more!
“Momentum begets momentum, and the best way to start is to start.” – Gil Penchina. In this episode of the Aviation Business Podcast, let us talk about building and maintaining a healthy momentum in your life/business.
Why do you need to consider professional liability coverage for your aviation business and risks? According to the Insurance Risk Management Institute, Professional Liability is a type of liability coverage designed to protect traditional professionals (e.g., accountants, attorneys) and quasi-professionals (e.g., real estate brokers, consultants) against liability incurred as a result of errors and omissions in performing their professional services. Tune in to learn more!