LION Specialty

Insurance Company CFOs: Are you confident in your OWN corporate coverage? A regional insurer thought they were covered… …until a multi-million dollar bad faith claim hit. Their reinsurance and E&O policies failed them. This can happen to YOU. Are you vulnerable? Ask yourself: - Do your D&O and E&O policies coordinate seamlessly? - Does your reinsurance align with your commercial policies? - Have you modeled claim scenarios? We’re helping clients by: → Designing coverage based on specific claims scenarios → Prioritizing D&O, E&O, and cyber liability protection → Scrutinizing policy exclusions and definitions Want to master YOUR corporate coverage? Comment "Coverage" to receive our CFO's Guide to Mastering Your Own Corporate Coverage. Join 1000+ FI leaders getting our weekly insurance market insights. #staycovered

?Financial Institutions: AI is transforming underwriting… …but it also introduces new risks. AI can make decisions in minutes, but it can also perpetuate discrimination. Unsurprisingly, Regulators are taking notice. → New York issued guidance on AI and anti-discrimination laws → 27 states now regulate AI in insurance Here’s how we’re helping clients: ? Reviewing E&O and D&O policies for AI-related gaps ? Advising on regulatory compliance for AI underwriting ? Developing strategies to mitigate AI discrimination risks Comment "AI Risk" to receive our newsletter. Join 1000+ FI leaders getting our weekly insurance market insights. Like this post, and we'll sign you up!

Financial Institutions: Big news for high-net-worth individuals and family offices. The IRS just clarified the rules on micro-captive insurance. What does this mean? ? More certainty around which structures face IRS scrutiny ? Reduced risk for legitimate micro-captive arrangements Here’s the key takeaway: →?The IRS now has specific criteria for which micro-captives will be scrutinized Want to learn more about the IRS’s clarified micro-captive rules? Comment "Micro" below to receive our full report. Join 1000+ FI leaders getting our weekly insurance market insights. Like this post, and we'll sign you up! #staycovered

Financial Institutions: Do you know the 10 steps to winning an insurance claim? Most claims take 2-3 YEARS to resolve. Are you prepared for the long haul? Here are 3 crucial steps to take NOW: → Choose a carrier with a proven track record → Get your policy wording right from the start → Conduct a mock claim walk-through Other critical steps include: → Deploy specialist expertise to maximize recovery → Balance aggressive advocacy with reasonable compromise → Proactively prevent coverage disputes Want to master the claims process? Comment "Claim" to receive our full guide. Join 1000+ FI leaders getting our weekly insurance market insights. Like this post, and we'll sign you up! #staycovered

Financial Institutions: AI transparency is no longer optional. Thomson Reuters just won a landmark copyright case against an AI company. Here’s why you should care: ? The court ruled against using copyrighted data to train AI without permission What does this mean for you? →?Increased regulatory scrutiny of your AI data sources →?Higher expectations for AI model transparency →?Potential liability for using third-party AI tools Want to stay ahead of the curve on AI regulation? Comment "AI" to receive our newsletter with expert analysis of this case and its implications for financial institutions. Join 1000+ FI leaders getting our weekly insurance market insights. Like this post, and we'll sign you up! #staycovered

men built the insurance industry. Women (like my co-founder) are fixing it for the better, yet we could do more for them… That's what Natasha told a room full of executives last year. You could hear a pin drop. Someone laughed nervously. Then her data hit the screen: - Companies with women in leadership positions gain 3-5 percentage points higher ROE than the industry average (Swiss Re Institute, 2021) - Women-led startups deliver 35% higher ROI than those led by men (Gitnux Research, 2024) - Companies in the top quartile for gender diversity are 39% more likely to outperform their peers (McKinsey, 2024) The laughter stopped. The insurance industry wasn't built for most. It was built by and largely for one demographic. In a bigone era. And it still shows up from time to time. On International Women's Day, I'm celebrating my brilliant co-founder, and the thousands of amazing women industry wide… I'm also acknowledging: Our industry needs women not because diversity looks good in company photos. It needs women because they deliver measurable business results. We need them as leaders. We need them as entrepreneurs. For women of the next generation, And a better future. We can do better though. - Women represent only 23% of insurance executives, 10% of CEOs, and just 8% of board chairs globally (Swiss Re Institute, 2021) - Out of every euro of venture capital invested in 2021, 91 cents went to all-male founding teams (KfW study, 2022) - Three-quarters (76%) of female health startup founders struggle to get insurance coverage for their businesses (Tokio Marine Kiln, 2024) The question isn't whether women are changing insurance. The question is whether your company will actively remove these barriers or continue to miss out on talent, innovation, and growth. Let’s celebrate today. But let’s pledge to do more tomorrow… ?? What's your take on this? ?? Reshare to support women in insurance --- Sources in comments below

Insurance CFOs: Are you overlooking your own insurance program? You're an expert at protecting others. But are you truly protected yourself? This isn't about basic insurance principles. This is about gaining a strategic advantage. Elite insurance CFOs: → Analyze claims scenarios before buying coverage → Prioritize D&O, E&O, and Cyber → Focus on claims handling quality over premium cost Want to master your own insurance program? Join 1000+ FI leaders getting our weekly insurance market insights. Like this post, and we'll sign you up! #staycovered

Financial Institutions: Get ready for a regulatory rollercoaster in 2025. State regulators are stepping on the gas while federal regulators tap the brakes. Here’s what you need to know: ? States are leading the charge on AI regulation ? Solvency standards are tightening ? Climate risk is becoming a top priority What does this mean for you? → Increased scrutiny of your AI usage → Changes in coverage terms and pricing → Greater emphasis on climate resilience How we're helping clients navigate this: ? Mapping regulatory exposure ? Strengthening AI governance ? Building operational resilience Want to stay ahead of the curve? Join 1000+ FI leaders getting our weekly insurance market insights. Like this post, and we'll sign you up! #staycovered

?Financial Institutions: New health plan rules are coming in 2025. These changes impact your fiduciary liability coverage. Here’s why you should care: ? New rules on mental health parity ? Changes to telehealth coverage ? Updates to HIPAA privacy regulations These create new compliance obligations. And increased liability exposures. What should you do? → Review your fiduciary liability policy now → Ensure it covers new fines and penalties → Document your vendor selection process How we’re helping clients: ? Reviewing coverage gaps ? Updating policies ? Recommending appropriate limits Want to stay ahead of these changes? Comment "Fiduciary" to receive our newsletter. Join 1000+ FI leaders getting our weekly insurance market insights. Like this post, and we'll sign you up! ? #staycovered

Is your financial institution ready for the next wave of cyber threats? AI is powering both sides of the security battle. Here's what you need to know for 2025: ? Ransomware attacks are evolving with "double extortion." ? Third-party vulnerabilities are creating entry points. ? AI is being weaponized by cybercriminals. These trends will impact your institution's: → Insurance costs → Regulatory compliance → Operational risks How can you prepare? ? Strengthen your AI governance. ? Modernize your ransomware defenses. ? Enhance third-party risk management. Want to create a rock-solid cyber defense playbook? Join 1000+ FI leaders getting our weekly insurance market insights. Like this post, and we'll sign you up! #staycovered