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Remote Working – Helpful Tips to Remain Productive

This pandemic has impacted all of us. Many companies, including ours, implemented a “work from home” policy to ensure the health and safety of, both, their employees and their business. For us, since we always had an open floor environment and advocate a collegial collaborative work place being able to easily collaborate on projects and ask each other questions directly was particularly important.

The ALS Group March 23, 2020

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Maintaining Business Continuity During the Pandemic

An effective risk management strategy always comes down to preparedness. The recent closings and business disruptions due to COVID-19, the illness caused by the spread of novel coronavirus, once again, demonstrate the importance of companies having a comprehensive Business Continuity Plan (BCP). If your business is one of many that cannot simply close doors and expect to be able to re-open after the pandemic dies down,having such plan in place will insure that you can maintain the essential functions of your business during a major disruption.

The ALS Group March 18, 2020

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Risks of Working from Home and Workers’ Compensation Policy

As Coronavirus spreads worldwide, companies are thinking of ways to keep productivity up, as well as, mitigate the risks to both their employees and the organization’s bottom line. One of the ways a company can manage this is to have its employees work from home. This can be a great way to keep your business running, but only if you can identify and manage the risks involved. This article from Insurance Business America does a great job in outlining potential Workers’ Compensation risks for employees who work from home, and what you can be doing to insure your business is prepared to manage those risks.

The ALS Group March 3, 2020

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Jessica Aviles, VP of Talent Management, Answers Questions about the Internship Program at The ALS Group

Who are you and what is your role at The ALS Group? My name is Jessica Aviles, I am the VP of Talent Management at The ALS Group. I was brought on-board almost two and half years ago to manage the existing talent, drive culture and spearhead the internship program. Those are my main responsibilities at ALS. How do you recruit for an internship? The ALS Group is an independent risk management and insurance advisory firm that provides unbiased advice to C-level leadership. Therefore, our recruitment process is really much more of a personal experience than that of most companies, where internship candidates can come from anywhere. I primarily recruit

The ALS Group March 2, 2020

Three people discussing crucial details about the project and ensuring all construction insurance verification services are thoroughly handled.

While Constructing a Builder’s Risk Policy, Consider Soft Costs & Hard Costs

Every significant construction project needs a Builders Risk policy. Sounds simple enough, but the process of procuring the correct Builders Risk policy starts with an understanding of the project costs, construction timeline, and imagining potential claim scenarios. When an insured purchases an insurance policy, there is an expectation if a loss occurs; the insurance company will make the insured whole again. This only happens when a Builders Risk policy is designed correctly. The key to policy design is understanding and identifying the values at risk and how those values align with the actual insurance policy definitions.

The ALS Group February 24, 2020

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Insurance Risk & Rising Premium Rates – Why, & What Can be Done to Change Them

Three Questions for Managing Principal, Albert Sica, of The ALS Group For the last 12-18 months commercial insurance rates have been rising and many business leaders are ill-equipped to either understand why or what they can do about it. Recently, this was captured in a good article in The Wall Street Journal and we thought we would explore this a bit more. Business leaders often rely on a broker, whose primary role is to “sell” insurance to guide them through a complex mix of their company’s exposures, insurance policy language (including exclusions) and what can be done to, both, mitigate risk and the cost of coverage. Understanding the financial impact

The ALS Group February 19, 2020

Threats to Consider When Crafting a Social Media Risk Mitigation Plan

Over the last decade, social media has quickly become a prominent way for businesses to advertise, communicate, and educate. On the flip side, it can be a huge risk for those businesses that cannot keep up with the ever changing tools and trends in privacy, security, and marketing. We often see businesses and even public figures falling prey to social engineering scams, ransomware, hacking, and a multitude of other cyber risks. Luckily, with some planning and diligence, mitigating these risks can be quite simple. Below are examples of some threats as well as solutions you can implement now that will help protect your business from some of the most

The ALS Group February 10, 2020

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Can Novel Coronavirus be a Risk to Your Business?

Last month, the World Health Organization (WHO) issued a warning about the potentially dangerous, rapidly spreading coronavirus that originated in Wuhan City, Hubei Province of China. According to the WHO the public must be “alert but not anxious”. Information is changing by the hour as doctors and officials evaluate how dangerous this outbreak is, and race against the clock to stop it. For those of you who would like the latest information from the WHO, you can visit their website and view the daily Situation Reports.

The ALS Group February 4, 2020

NY Employer Alert: NEW Sexual Harassment Training Requirements Going Into Effect

On October 9, 2018, NYS and NYC Governments enacted an anti-sexual-harassment law that carries pretty stringent requirements relating to employers’ anti-harassment policies and training. These labor laws have been revised and training requirements have been put in place by the Department of Labor in consultation with the Division of Human Rights. Originally, training was required by January 1, 2019 but, after some push back, the deadline was extended until October 9, 2019.

The ALS Group August 1, 2019

Cyber Risk Preparedness

Given the widespread awareness of Cyber Risk and the increasing trend for companies to consider insurance around this exposure, a company’s preparedness for a Cyber risk related event should be a part of their risk management plan. Unfortunately, for most organizations, this part of the plan has not been matured. That’s a mistake…

The ALS Group July 16, 2019

Our areas of expertise include:

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

The ALS Group Risk Management Articles

Remote Working – Helpful Tips to Remain Productive

Maintaining Business Continuity During the Pandemic

Risks of Working from Home and Workers’ Compensation Policy

Jessica Aviles, VP of Talent Management, Answers Questions about the Internship Program at The ALS Group

While Constructing a Builder’s Risk Policy, Consider Soft Costs & Hard Costs

Insurance Risk & Rising Premium Rates – Why, & What Can be Done to Change Them

Can Novel Coronavirus be a Risk to Your Business?

NY Employer Alert: NEW Sexual Harassment Training Requirements Going Into Effect

Cyber Risk Preparedness

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