Yesterday, we celebrated Take Our Daughters and Sons to Work Day here at our office here in Edison, NJ. We also published a quick blog post on activity ideas for this fun "holiday." Below are some pics from our event. Enjoy!
Albert Sica, ALS Founder and Managing Principal, will be speaking today at the New York State Bar Association (NYSBA) at a program for continuing education for attorneys.
The seminar will address topics related to commercial real estate leasing and feature professionals on the front lines of leasing in one of the most challenging economic climates in decades. It will also, among other things, look at how the challenges of the economic crisis have shifted many fundamental aspects of leasing transactions.
To learn more about the event, and other MCLE courses offered by the NYSBA, visit their website here.
Albert Sica, Founder and Managing Principal of The ALS Group, independent third-party risk-management advisor to companies worldwide, announced that Charles “Chuck” Brower has joined the Firm as Chief Operating Officer (COO).
In this pivotal leadership position, Chuck will have broad strategic, development and operational responsibilities, as they relate to, both, client relationships and internal management of The ALS Group’s best-in-class team of risk management associates.
“I am very pleased to have Chuck on board as a key member of The ALS Group’s Senior Leadership team,” said Mr. Sica. “Chuck will be working closely with me to further mature the Firm, so we may continue to guide our clients through risk-related challenges that impact their organizations.”
An accomplished executive with extensive experience in operation management, business planning, staff leadership and employee development, Brower has a demonstrated ability to improve overall client experience through operational effectiveness and efficiency delivered by engaged teams.
Brower comes to The ALS Group from a large global insurance broker, where he served as the COO responsible for the New England Branches focusing on operational efficiency, strategic financial direction and execution toward the achievement of business and strategic objectives.
Prior to that, Chuck held senior leadership roles for such companies as J.P. Morgan Chase and National Australia Bank, providing direction and support on global initiatives and strategic goals.
“I am absolutely thrilled and 100 percent committed to utilize my knowledge and experience to further enhance the value Albert Sica and The ALS Group bring to our clients, by delivering innovative risk mitigation solutions that provide a platform for lowering their Total Cost of Risk and integrate strategic and operational risk management into the decision making process,” said Mr. Brower.
In addition to being a graduate of Harvard Business School Breakthrough Leadership Program, Chuck holds a BS in Finance from St. John’s University, and an MS in Management Information Systems from Stevens Institute of Technology.
An avid Rangers and Yankees fan, when not working, Chuck enjoys spending time with his family in Westchester, NY.
To read more about Chuck, click here.
The ALS Group continues its commitment to give back to the local communities, especially during the holiday season. On December 15th, the ALS team contributed its “Christmas in a Box” donations to Cerebral Palsy of North Jersey’s (CPNJ) Horizon High School. “Christmas in a Box” is a wish list of essential items for students in need. Contributing these packages helps support the students’ families during the holiday season.
A special needs school, Horizon High School is dedicated to enhancing the lives of people with disabilities and other special needs by supporting personal growth, independence and participation in the community.
Pictured above: The ALS Group’s Irina Lendensky, Partner, and Jonathan Edwards, Partner, give a warm welcome to Horizon High School’s Danny Machado (center), who stopped by to pick up the team’s holiday donations.
Albert Sica, our Managing Principal, participated in an interactive panel discussion on a critical and trending topic, “Professional Liability Litigation and Reputation Risk.” Mr. Sica and his fellow panelists provided their thought leadership to attorneys and insurers involved in representing professionals in malpractice actions at the DRI Professional Liability Conference, on December 8, 2016, in New York, NY.
Mr. Sica and his fellow panelists Jonathan Ziss, Partner at Goldberg & Segalla and China Ladner of Nationwide E&S Specialty Professional Claims used real-life scenarios to demonstrate the correlated, but distinct relationship between litigation and reputational risks.
Brand and product reputation are important for most businesses, but particularly so for professional services organizations. Albert noted that in today’s world of digital and social media, a company’s brand reputation can be irreparably damaged in a matter of hours, sometimes minutes. He further noted, “It is of paramount importance for defense counsel to assemble and manage the team needed to mitigate this risk in a proactive fashion, including the insured, the insurer, any external entities and counsel.”
The interactive panel discussion focused on such key factors as:
According to Mr. Sica, “The discussion resulted in a number of key insights and consensus, one of which the need of the defense counsel to become part of the team, captain the ship, and take and appreciate a commercial view of the insured and claim.”
Furthermore, Mr. Sica and his fellow panel discussion leaders agreed on the importance of taking a proactive approach to claims where insured, defense counsel and insurer are aligned. They also concurred that it is equally useful to take a proactive view of risk, so the insurer’s risk profile and risk appetite are clear.
Jonathan Ziss has recently authored a paper, “Professional Liability Litigation and Reputation Risk,” which was featured in The Voice, DRI’s online newsletter.
For more information on how we can help your organization take a proactive approach to managing reputational risk, or to request Albert Sica to speak at your upcoming event, please click here.
Albert Sica, our Managing Principal, has been invited to speak at the DRI Professional Liability Conference, being held December 8-9, 2016, in New York, NY. DRI is a leading organization of defense attorneys and in-house counsel.
Mr. Sica will participate as a select member of an interactive panel discussion focused on elevating awareness and sensitivity of reputation risk, and discuss insurance solutions and other new tools to mitigate such risk for clients.
Al will be joined by fellow panelists Jonathan Ziss, Partner, Goldberg & Segalla LLP, and China Ladner, Nationwide E&S Specialty Professional Claims.
The paper submitted on their topic, “Professional Liability Litigation and Reputation Risk,” authored by Mr. Ziss, was selected as “This Week’s Feature” on The Voice, DRI’s online newsletter.
Here’s a quick snapshot of some of the topics to be addressed during the panel discussion:
• Crisis planning and a public relations disaster plan as an essential component of a client’s risk management program.
• What are the roles of outside counsel and the claims professionals?
• How can the internal client team and external legal team coordinate?
• How do you identify and mange divergent interests regarding information disclosure to mitigate insurance risk and avoid reputational harm?
Stay tuned for a recap of the discussion and insights.
There is a direct relationship between strong risk management practices and a company’s performance. At The ALS Group, we firmly believe in this.
Albert Sica, our Managing Principal, was recently quoted in the Risk & Insurance article “Looking at Risk Three Dimensionally”. Read the full article which is available now on the Risk & Insurance website, here.
See you in Las Vegas! The ALS Group is pleased to announce that we’ll be attending the 35th annual International Risk Management Institute (IRMI) Construction Risk Conference.
We’ll be joining some 1,500 project owners, developers, and other construction professionals at this industry-leading convocation to keep track of new trends and technologies, make new acquaintances, and touch base with old ones.
Will you be at IRMI? Contact us so we can arrange to see you while we’re there.
The IRMI Construction Risk Conference will be held in Las Vegas, November 8-11, 2015.
The ALS Group is pleased to announce that it has provided valuable assistance to prestigious New York-based developer L&L Holding Company with its recent historic transaction to build a $1.1 billion office tower on Park Avenue in midtown Manhattan. [Read full press release].
On June 10th, The ALS Group attended the groundbreaking ceremony for the historic tower. Below are several pictures from the event.
The Above and Beyond Award is given to those ALS team members who have gone above and beyond the call of duty to provide outstanding service to our clients and have undertaken new responsibilities with a “can-do” attitude. The 2014 award was presented to Lindsey Hoffman, Senior Analyst. Throughout her career at ALS and, particularly, in 2014 Lindsey has demonstrated dedication to servicing ALS clients and commitment to the Firm.
“I truly enjoy the dynamic environment devoted to the personal and professional growth that The ALS Group provides.” Lindsey said.