Thursday, February 28, 2008

Family Office Exposure to EEOC Actions

CLIENT ADVISORY

Insurance companies have become increasingly resistant to late notice of Employment Practices Liability claims that started as an EEOC letter. Family Office management is advised to provide immediate notice of an EEOC letter as soon as it is received. The notice should be sent DIRECTLY to the insurance company, per the written instructions in the insurance policy. Note: Notice given to the insurance agent may not be recognized by the insurance company. Always send notice directly to the insurance company for any Directors & Officers, Employment Practices or other Professional Liability polices.

Family Office Risk Management


Legacy Risk Solutions, LLC, offers a specialized group of advisors that assess the unique risk exposures of the Family Office and their client families. The goal is to establish customized risk management solutions to preserve the family's legacy assets. Services include:

Identify areas of risk
Evaluate the best options, both insurance and non-insurance
Aggressive management of losses
Develope new strategies for group medical insurance
Independent and objective risk management consulting

Sells No Insurance - Accepts No Commissions - No Conflicts Of Interest

Website: www.legacyrisksolutions.com