The below article was published in the October 2018 Edition of Wells Fargo Prime Brokerage Consulting's quarterly journal.
EPIC Brokers & Consultant Adds Lou D’Agostino as a Principal in New York - Addition of new team deepens EPIC’s commitment to the Financial Services Industry
New York, NY (July 24, 2018) – EPIC Insurance Brokers & Consultants announced today that risk management and insurance brokerage veteran Lou D'Agostino and his Iron Cove Partners team have joined the firm. D’Agostino has over 17 years of insurance brokerage experience with an expertise in serving the Financial Services industry.
Tags: Hedge Funds, brokerage, financial services, Insurance Protection, Iron Cove, New York, premium, Private Equity, regulatory coverage, Risk, Examinations, gdpr, insurance market, principal, epicbrokers, join
Hedge Fund Insurance Market Update
May 21st, 2018
The General Data Protection Regulation goes into effect this month on May 25. Better known as the GDPR, the regulation was adopted in 2016 to extend data protection and privacy people within the EU. If you do business within the EU, even if your company is based outside of it, the GDPR is set to affect you. While uniformity should, theoretically, make compliance easier, penalties are set at 4% of global turnover or €20 million, whichever is higher. That’s not even including the cost of litigation or compensating victims of a data breach.
Tags: Hedge Funds, employment practices, Employment Practices Liability, financial institutions, Insurance Protection, Investment Adviser, Iron Cove, Legal liability, Private Equity, registered investment adviser