Intercare Risk Solutions’ Executive Risk Practice focuses on the complex and ever evolving needs of today’s corporate and individual liability risks. Our experienced team understands the complexity of risks that companies face on a daily basis, especially in today’s evolving legal and regulatory environment.
Whether you’re a publicly traded or privately held company, our knowledge and expertise ensures each client receives an individualized analysis of all potential risks, both obvious and hidden, and creates a customized solution that protects your interests and assets.
We offer clients a full complement of executive risk coverage solutions, including: Directors and Officers Liability Fiduciary Liability Employment Practices Liability
Professional Liability
Crime
Errors & Omissions
Internet Liability/Cyber Liability
Kidnap/Ransom and Extortion
Workplace Violence
Representations and Warranties Liability
Tax Liability
Political Risk
Intellectual Property
Trade Credit
Our Approach –
Removing Uncertainty from Your Future
We’ve changed the paradigm of how executives and directors plan for future risks by providing a forward-looking view of your future risk profile.
Customized Program Analysis
Utilizing the most comprehensive analytics coupled with our access to the broadest domestic and international markets, we design the smartest solutions to help you navigate the many challenges that can potentially damage your company’s financial strength and ongoing success. Your story is unique and we treat it as such. That’s why our relationships become yours ensuring your business strategy and situation is a story heard firsthand by the underwriters with which we work. That’s how we set you apart in the marketplace to develop a program with smarter solutions that best fit your needs, your risk profile and your appetite for risk.
Pinpointing Risk Drivers with In-Depth Market Intelligence
Each client’s renewal process is different. We evaluate your program history and risk profile utilizing a broad range of analytical tools and a forward-thinking approach combined with insurance and legal trends to develop the best renewal strategy with the smartest solutions. We provide you a clear, concise and wide-ranging look forward into your company, identifying and evaluating unique risk factors and their relationships to your business and risk profile. Based on this information, you’re able to see exactly what you’re facing in terms of future shareholder litigation so you can proactively manage it before events happen.
We keep you up to date with the latest information including:
- Updates on market trends
- The latest on legislative developments
- Information on financial and professional liability trends
- Benchmarking that gives you valuable insights into the cost and structure of your risk management program compared to your peers
- D&O Risk Profile evaluates the most appropriate structure for your D&O program based on potential exposures, claims history and appetite for risk
Claims Negotiation and Advocacy
We work with a team of independent attorneys and consultants to bring you a robust network of insurance claims executives and defense attorneys. We represent you, not the insurance carrier, so we stand with you through every phase of a claim. Our team works with you during the renewal assist us during the renewal strategy with developing contract language that is broader and more responsive in the event of a claim. You can rest assured that your policy and the liability exposures contained therein are uniquely assembled to suit your specific needs.
Directors and Officers
Businesses are finding it increasingly more difficult to attract and retain top directors and officers as the risk of personal responsibility intensifies. In fact, shareholder awards continue to increase in the double-digit millions, not including defense costs, making D&O liability insurance and the protection it offers vital to those making critical decisions and disclosures regarding the company's future outlook and performance. As one of the most valuable investments that can be made on behalf of a company and its key talent, Intercare Risk Solutions provides clients the strategic advice and service of trusted and qualified specialists who recognize the importance of D&O liability and can identify potential exposures and market changes that can impact a policy. With experienced advocates from D&O specialists on exposures related to corporate governance, employment matters, compliance for public companies, and compensation, our consulting services enable you and your Board of Directors the tools and information you need to make informed decisions based on smarter solutions. With market conditions continually in a state of flux, we ensure your D&O policy contains the solid indemnification language that protects you and your company.
Fiduciary Liability
As pension reform legislation takes hold and the cost to administer and provide employee benefits increases, many employers are faced with uncertainty surrounding the future of their plans. Organizations and their plan trustees now must be more proactive in areas such as plan governance, scrutiny of investment management fees and participation education. Whether you are a trustee of a sole-sponsored benefit plan evaluating the need to change your existing benefits or a state retirement trust assessing new policies for your investment professionals, the litigation environment is changing — be sure your organization changes with it.
Employment Practices Liability
We live in an environment in which there are an increasing number of claims by workers against their employer for violating their legal rights through such claims as sexual harassment, breach of employment contract, wrongful termination, discrimination, and failure to hire or promote, among others. Our experienced Executive Risk team works with you to review your current operations, identify potential exposures, and develop a program that manages your risk, no matter where your operations are located. We create a customized solution aligned with your goals and objectives as well as your tolerance for risk. And our claims management services serve as your advocate working with you on an equitable resolution of claims.
Privately Held Companies
Whether a large organization with several shareholders, a start-up company, a family-owned business or a non-profit organization — all have a responsibility to both internal and external stakeholders. At Intercare, our goal is to provide a comprehensive insurance solutions to protect any organization and associated individuals, as loss exposure can come from a variety of claimants, including employees, shareholders, regulatory agencies, competitors, customers, lenders, volunteers, and others. The relationships Intercare has with leading underwriters offers you the protection you need for a variety of potential exposures. Our Executive Risk Practice is uniquely suited to navigate the myriad of coverage options that best fit each client's needs and risk profile.
Minimizing Exposures and Protecting Wealth
Intercare’s experienced Executive Risk specialists are innovative leaders delivering smarter solutions based on forward-looking strategies to organizations of all sizes. We help our clients understand their complete risk picture, both today and in the future by identifying and proactively addressing risks and opportunities that protect and generate value for shareholders, owners, employees, and customers. It’s that ability to help you harness the power of looking forward that can help minimize your exposures and create ongoing success and lasting value.