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Iron Cove Blog

Check here for the latest Iron Cove Case Studies & Financial Services Related Blog Posts

SEC Administrative Proceeding Cites Violation of Advisers Act Due to Insurance Premium Allocation Practices

Oct 18, 2016 6:03:28 PM

The SEC has commenced enforcement proceedings against a large greenwich based Hedge Fund siting violations of section 206(2), 206(4) and 206(4)-8 of the Investment Advisers Act in part resulting from inadequate insurance premium allocation methodology.

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Tags: hedge fund insurance, insurance, Iron Cove Posts, Claims, Coverage, Directors and Officers Insurance, directors and officers liability, D&O, financial institutions, hedge fund, Iron Cove, Lou D'Agostino, Premium Allocation, Professional Liability, protection, regulation, Risk, SEC

D&O Insurance Case Study: $10 Billion RIA & Hedge Fund Firm

Aug 30, 2016 10:10:30 AM

Hedge Fund Insurance Case Study

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Tags: hedge fund insurance, Asset Management, Iron Cove Posts, Case Study, Coverage, D&O, financial institutions, hedge fund, Iron Cove, Iron Cove Partners, Lou D'Agostino, Risk Management, SEC

D&O Insurance Case Study- $1.5 Billion RIA & Hedge Fund Firm

Aug 25, 2016 12:21:28 PM

Who: A 25 year old New York based asset management firm with assets of $1.5 billion.

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Tags: insurance, Analysis, Iron Cove Posts, Case Study, Cost, D&O Insurance, hedge funds, Investment Adviser, Iron Cove, Lou D'Agostino, RIA, Savings

Iron Cove Ping Pong Social at SPiN Photo Gallery

Jul 6, 2016 11:50:28 AM

Thanks to all that were able to attend our Ping Pong Social this past Thursday, June 30th. Special thanks to Bill Whicher and Trevor Fennell of AFLAC for participating as a co-sponsor of the event. Looking forward to doing it again next year!

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Tags: insurance, Iron Cove Posts, hedge fund, Iron Cove, Lou D'Agostino, Ping Pong, social, Spin

Sally Yates DOJ Memorandum and the Potential D&O Insurance Implications

Sep 25, 2015 11:39:29 AM

On September 9th, the Deputy Attorney General, Sally Quillan Yates issued a memorandum to fellow prosecutors citing the DOJ’s focus on individuals responsible for corporate wrongdoing and the importance of holding them accountable. The memo outlines the importance of focusing on individuals from the inception of a civil or criminal investigation. Further, in order to take advantage of every remedy that the government has at their disposal, there needs to be and will continue to be consultation and collaboration between civil and criminal attorney’s. As such, and to no surprise there will be more parallel proceedings between both the DOJ and other regulatory agencies.

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Tags: insurance, Iron Cove Posts, by laws, defense costs, D&O Insurance, doj, duty to defend, indemnification, Iron Cove, Liability, Lou D'Agostino, reimbursement, sally yates, side a, written undertaking

Iron Cove's Gregory C. Sibilio, Esq. Named to 2015 Business Insurance Top 40 Under 40

Aug 18, 2015 2:19:35 PM

GARDEN CITY, NY - August 18th, 2015 - Business Insurance Magazine announced today the honorees for its third annual 40 Under 40 Broker Awards. Amongst those selected from a very competitive list of candidates was Iron Cove's Vice President, Gregory C. Sibilio, Esq.

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Tags: insurance, 40 Under 40, Awards, Iron Cove Posts, Business Insurance, Company News, Emerging, Executive, Gregory C. Sibilio, insurance broker, Iron Cove, leader

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