business insurance

Mazonson’s commitment to your program’s success is evident in the value-added services we provide including claims advocacy. Mazonson’s dedicated, in-house claims department consists of highly experienced individuals who work closely with you, the insurance carrier and claims administrator. In this way we ensure that claims are effectively and efficiently managed, that alternatives are considered when appropriate and that improvements are made to keep your program on track. Our value-added services include:

• Catastrophic claims management

Fiduciary Liability insurance provides protection against claims for financial loss by employees alleging mismanagement or negligence in the administration of your employee benefit plans. Coverage enhancements vary from company to company; this protection can be written on a stand-alone basis or combined with other executive liability coverages.

Companies Need Fiduciary Insurance:

• To avoid personal liability and loss of corporate and plan assets

• For protection in the event of merger or acquisition and because

As recent case law expands the scope of an employer’s responsibility to provide an equitable work environment for all employees, an employer’s liability correspondingly increases in complexity. To protect from claims of discrimination, sexual harassment, wrongful termination (or wrongful hiring, promotion or demotion) and other areas of employee relations, Mazonson keeps clients abreast of employment practices liability developments and assists in the structure of policies that provide flexibility in the claims process and that accommodate business change, such as acquisition.

Today's high-risk business environment often finds executive management and board members, particularly those in technology companies, subject to significant litigation exposure, especially during and after the Initial Public Offering (IPO) process.

Representation & Warranties Liability Coverage in Mergers & Acquisitions

The Mergers & Acquisitions (M&A) Group at Mazonson is a recognized industry leader in the design of insurance solutions to bridge hurdles and facilitate the closing of mergers and acquisitions. Since executing Chubb's first-ever Representations & Warranty policy in 1998, Mazonson has continued to expand its leadership role in the evolving field of M&A insurance solutions, having effected policies for transactions ranging from $2,000,000 to $625,000,000.

Community Development and Service Industry Association
Group-sponsored Insurance Programs

A comprehensive knowledge of the bonding process is crucial in providing risk management services for today's construction industry. Mazonson LLC's experienced staff, solid surety carrier relationships and expertise in how to best present your company's qualifications combine to supply you with the bonding proficiency you need. As your advisor, Mazonson works with you to secure the best bonding line available.

Mazonson is pleased to represent leading export trade credit Insurance companies including Euler Hermes ACI and Coface.
 

Accounts Receivable Insurance (ARI)

• Mitigates accounts receivable write-off
• Meets lender requirements (may improve accounts receivable eligibility)
• Ensures payment

Lawsuits involving copyright, trademark, patent and licensing infringement comprise a growing arena of potentially costly legal action. A global business community, coupled with the electronic environment and pressing demands to stay ahead of the competition, foster conditions that can lead to infringement violations. Accordingly, your business may desire protection for patent infringement, content development, source code, trademark and copyright exposures.