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The ALS Group Risk Management Articles

We manage more than a quarter billion dollars of premiums for a diverse range of clients around the globe. 

Person shoveling snow with a red shovel, wearing black pants and boots

What is your Snowstorm Response Plan

US weather patterns continue to be unpredictable and the Northeast is getting its first taste of snow, so I thought it would be good to reinforce how important it is to have a comprehensive storm response plan.Snowstorms can cause a variety of problems such as, power outages, pipe bursts, and inaccessible roadways for many residents and businesses throughout the U.S. Alternatively, businesses that have remote workers must also deal with issues pertaining to widespread residential outages which can serve as a major disruption for employees with home offices. So, what can you do? If you need more information on any of the topics covered in this blog, or need help

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Broker Selection - Have You Considered a Broker RFP?

Hired and Non-Owned Automobile Coverage – “but I have no autos”

An often misunderstood insurance coverage that is very important for a business, is Hired and Non-Owned Automobile (“HNOA”) coverage. Most of the time, the company that is considering such coverage doesn’t think it has exposure to this particular risk since they do not own any automobiles. This could not be further from the truth… Recently, there was a tragic accident in NYC Times Square, where a delivery vehicle on its way to a jobsite fatally injured a pedestrian. 

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L&L Secures Financing Package for 425 Park Avenue

L&L Secures Financing Package for 425 Park Avenue

The ALS Team congratulates, our client, L&L Holding Company on completing $9111.4 million financing on the iconic 47-story office tower at 425 Park Avenue.  The finance package, obtained through a consortium of lenders led by Blackstone Real Estate Debt Strategies, replaces 425 Park’s original construction loan and will cover the final stages of the project, including full lease-up, prior to being replaced by permanent financing.   We are proud to have had the opportunity to support risk management needs of L&L Holding Company on this project! 

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Happy Thanksgiving" written in script with autumn-colored leaves and floral illustrations surrounding the text.

Happy Thanksgiving from ALS

  As we are preparing to sit down with family and friends to celebrate Thanksgiving, we wanted to take a moment and share some of what the ALS Team is thankful for the 2021 holiday season: 

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Red padlock with the word "Ransomware" in white over a blue background filled with binary code.

CISA/FBI Holiday Cyber Advisory

As air travel for the upcoming Thanksgiving weekend spiked to pre-pandemic levels and AAA estimates over 53 million people will hit the road this holiday, the Cybersecurit y & Infrastructure Security Agency (CISA) and FBI issued an advisory yesterday, warning critical infrastructure partners that malicious cyber actors tend to strike during holiday weekends. “Although neither CISA nor the FBI currently have identified any specific threats, recent 2021 trends show malicious cyber actors launching serious and impactful ransomware attacks during holidays and weekends.”

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Additional Insured Vs. Named Insured on a Liability Insurance Policy

Email has been a part of our everyday life for quite some time now. These days with some restrictions imposed on face-to-face interaction, email has become an effective way to communicate. As a result of this the number of emails sent and received daily has been steadily increasing each year. According to Campaign Monitor an average person sends and receives 121 business emails per day. While, this is an effective way to communicate, handling such an amount of emails can become a challenge if one does not have a strategy of how to manage them. Managing incoming emails and ensuring that emails you send are effective is important in this

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Effective Email Risk Management

Effective Email Risk Management

Email has been a part of our everyday life for quite some time now. These days, with some restrictions imposed on face-to-face interaction, email has become an effective way to communicate. As a result of this, the number of emails sent and received daily steadily increases each year. According to Campaign Monitor, an average person sends and receives 121 business emails per day. While this is an effective way to communicate, handling such an amount of emails can become a challenge if one does not have a strategy for managing them. Managing incoming emails and ensuring that emails you send are effective is important in this digital age. A few

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Logo of Southern Marinas

Southern Marinas Acquires Millstone Resort and Marina

The ALS team congratulates Southern Marinas Holdings II, LLC on, yet, another successful acquisition – Millstone Resort and Marina located on Lake of the Ozarks in Gravois Mills, Missouri.   We are proud to have been a part of the Southern Marinas acquisition team and look forward to partnering with this wonderful organization as they continue to expand their portfolio of best-in-class waterfront recreational destinations.    

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Logo of Southern Marinas

Congratulations to Southern Marinas on Another Succesfull Acquisition

Congratulations to Southern Marinas Holdings II, LLC on completing their fourth acquisition in 2021 – the purchase of Hayden Lake Marina, located on picturesque Hayden Lake in the Coeur d’Alene region of Idaho.. The ALS Team is proud to be part of Southern Marina’s acquisition team and appreciates the opportunity to partner with this growing organization and its leadership team to support their risk management due diligence efforts.  Click on the image below to read the full press release.      

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Our areas of expertise include:

  • Enterprise Risk Management (ERM)
  • Cyber Security & Cyber Liability Insurance
  • Construction Management
  • Customized Risk Management Assessments (RMAs)

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