Company logo for “The ALS Group” featuring a stylized blue and white lightburst graphic

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. 

Risk management diagram

Enterprise Risk Management and Total Cost of Risk – Concepts that Align

As insurance procurement becomes more difficult, the industry is inherently requiring an organization to be more thoughtful and responsible for managing its own risk. Gone are the days when underwriters will broadly accept risks that are not well understood or managed by an organization. The concept of risk and insurance is not a “one-dimensional” purchasing strategy but rather a process that an organization should embrace to determine what the most material risks are that could affect their organization and what the financial impact could be of those risks. The result can provide a basis for an organization’s risk appetite1 and how accepting or avoiding risks aligns with the organization’s strategic

Read More »
A cargo ship loaded with multicolored containers lies trapped beneath a collapsed metal structure in the water. This situation calls for an immediate risk assessment to prevent further damage and ensure safety protocols are followed.

Hey – That’s My Cargo

Perhaps the last thing we think about when reflecting on the Francis Scott Key Bridge Collapse is the non-delivery of cargo on the vessel – while that is understandable it might be a bit more of a priority if that cargo were your company’s property. A cargo ship collided with Baltimore’s Francis Scott Key Bridge, resulting in the collapse of the span and the tragic loss of six construction workers. Officials from the National Transportation Safety Board boarded the ship on Wednesday, a day after the early-morning crash. They intended to recover information from its electronics and paperwork, while divers continued their search for the missing workers. It’s indeed unfortunate

Read More »
Skyline of New York City

New Tax Incentives and Zoning Policies for Housing Production in NYC

A terrific article by Herrick (https://www.herrick.com/news/nycs-new-housing-production-tax-zoning-incentives/) addresses New York City’s affordable housing program allowing a transformative change with the introduction of legislative amendments to expand housing construction. The modifications of the 421-a program to 421-a(16) has been extended until June 15th, 2031 and allows developers tax benefits while ensuring a percentage of affordable housing. A key component of this program is that foundations must have been completed prior June 15, 2022 One of the challenges in taking advantage of this program is that foundations would have been completed prior to vertical construction starting. This “prior work” is getting a great deal of scrutiny from insurers and we are seeing more and

Read More »
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! 

Read More »
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: 

Read More »

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

Read More »
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

Read More »
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.    

Read More »
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.      

Read More »

Our areas of expertise include:

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

Subscribe to our articles

blog posts form
Skip to content