By David Turner, Vice President at JLT My colleagues and I routinely uncover risk oversights (which I also refer to as “D&O Insurance FAILS”) during discussions with CFOs, COOs, CAOs, CCOs and the General Counsel of private and publicly-traded organizations. Here are 4 real-world examples of “D&O Insurance FAILS” that may alter a company’s approach to […] Read more »
Implications For Hedge Funds From Equifax Cybersecuity Breach
From Mark Sangster, VP and Industry Security Strategist, eSentire/ Hedge Fund Insight staff You’re likely already aware of the Equifax breach, which is said to have possibly affected the personal information of as many as 143 million people. Many are talking about the delay in the disclosure of the security breach, and more importantly, […] Read more »
More than the Money: Seven Steps to Protect Your Firm from the Fallout of a Cyberattack
By Constance N. Hubbell, President, The Hubbell Group, Inc. Asked why he robbed banks, legendary bandit Willie Sutton said, “Because that’s where the money is.” Today, many criminals steal with laptops, not guns, but they still go where the money is, and – with $3 trillion in assets under management[1] – hedge funds are […] Read more »
Critical Areas of Liability Coverage for Hedge Fund Managers and Directors
By Richard A. Maloy, Jr, CIC CRM, CEO Maloy Risk Services, Inc. In the fourth quarter of 2008, several marquee funds and many smaller funds closed their doors due to poor performance, which became the first in a string of prominent fund closures over the next three years. Many of the funds were suffering […] Read more »