State of the Market: Reflecting on 2019 and Looking Ahead in 2020

The insurance market typically fluctuates between a hard and soft market over time. Currently, we’re seeing signs that the market is hardening across all commercial lines of business, with the exception of workers’ compensation, which means insurance rates are generally increasing while capacity is decreasing. The ABD Property & Casualty team is committed to keeping […]

COVID-19 Alert: Protecting your company

Information continues to evolve regarding how the COVID-19 virus is spread. The Centers for Disease Control and Prevention (CDC) is working closely with the Department of Health and Human Services (DHHS) regarding public communication and guidance. The information provided below will help you understand how insurance might respond to losses related to COVID-19. We have […]

A Risk Manager’s Role in Reps & Warranties Insurance

Because strategic acquirers are beginning to use Reps and Warranties insurance with more frequency, risk managers are taking on an emerging role in the M&A process. This article is intended to address common questions from risk managers about R&W insurance, negotiation point, and coverage nuances.   Question: Why are my deal teams now using Reps […]

Bringing Financial Wellness to Your Workplace

Last week, I hosted ABD’s very first Financial Wellness webinar. As a member of ABD’s Financial Wellness Team, I spend my time working with companies to create and deliver meaningful financial wellness programs. It was a valuable experience sharing my insights regarding successful financial wellness initiatives with a wide array of employers. We covered a […]

Placing a Reps & Warranties Policy on a Short Time Frame

As a former Reps & Warranties underwriter and M&A lawyer, I vividly recall (and still take part in) the rush of last-minute deal flow. Early mornings, late nights, weekends, holidays – the M&A market does not stop. From a Reps and Warranties underwriting perspective, last-minute deal success is paramount. Because Reps and Warranties underwriters are […]

The Simple Secret to Achieving Goals

“Talent is overrated; mental strength is critical.”  This is the opening quote to an interesting article by James Clear, a noted Author of the New York Times best seller Atomic Habits.  Many view top performers in the workplace, in athletics, and in life, as gifted or talented.  While talent may have something to do with success, […]

How to Cultivate an Environment for Innovation

Innovation is important to every field but can be a vague and aspirational goal. Yet, it is crucial to foster this behavior for success in the fast-paced world of digital change. For example, consider a bulk marine terminal that must move product across a fixed footprint to remain a viable transportation solution.  Virtually, every industry must […]