The Rising Threat of Social Engineering

From the 2015 PLUS Webinar “What’s Next on the Alternative Asset Manager Risk Horizon?,” panelists Neil Lipuma (Hiscox) and Machua Millett (Marsh) discuss social engineering and how that growing risk impacts both cyber and fidelty/crime coverage.

PLUS members can view this entire Conference session in the PLUS Multimedia Library.

Also from the webinar, moderator Elan Kandel (Cozen O’Connor) responds to a question from the audience…

Q: If the family office has an RIA experienced with private placements, is there a decreased risk for those family offices that make side by side investments with private equity firms?

A: Family offices typically qualify for the SEC’s Family Office Rule exemption and are not usually RIAs. With that being said, a proven track record should equate to a better risk. In the scenario of family offices making side by side investments with private equity firms, we should determine if they are passive investors or direct investors. Direct investors will bring risks more akin to PE and we should  inquire as to whether or not board seats are taken by family offices and if sufficient underlying D&O insurance is maintained. Passive investing will likely bring less exposure.  

The Top D&O Stories of 2015 with Kevin LaCroix

This morning PLUS presented its second webinar of 2016. Based on Kevin’s popular blog post, the webinar was a fantastic look back at the big directors and officers stories of the past year, and provided attendees with an in-depth look at these issues with expert analysis by world-renown D&O professional and blogger, Kevin LaCroix, RPLU.

If you missed it, fear not! We at PLUS Blog have got you covered with the full webinar below.

For much more on the world of D&O insurance join PLUS in New York February 3 and 4 for the 2016 D&O Symposium. There’s still time to register and network with 1,200 of your industry colleagues while hearing from industry thought-leaders on the big issues that will impact D&O coverage for years to come. See you there!

PLUS members can view more than 250 hours worth of exclusive industry content in the PLUS Multimedia Library.

Jeffrey Norton on Small Companies and Large Breaches

Jeffrey Norton of Beazley Group and panelist for the 2015 PLUS Conference session “When David Fells Goliath: Small Companies’ Role in Large Breaches” joined us in the Media Zone to discuss how small and medium-sized enterprises can and should prepare when doing business with large companies.