EFI Global’s Post

Getting a hole-in-one is not as rare as you might think. Special Event Award coverage can pay the winning prize amount for large cash contests, like hole-in-one golf contests. https://ow.ly/3R0G30sBbAK

I hope you enjoy reading the latest edition of the Howden Insurance Brokers Limited Sport & Entertainment magazine. We focus this month on property risk and how to manage those, with expert contributions from Praxis42 | Making Compliance Easy™ and Charterfields Limited. What would you like to see in future editions? Are there any pressing issues in sport that you think we should be addressing? #PropertyRisk #SportRiskManagement #SportInsurance

Our 10th edition of Otium is here, focusing in on property risks across all sports, in both owned and rented properties. See post below for more info. #sportsinsurance #propertyinsurance #Howden

"One of the cool things about the insurance industry is that there are many ways to build an agency. You get to decide how you define success." Safeco Insurance shares Elisha Cavanaugh's story and some things she learned on her journey to independent agency ownership. 👇 #isgunited #safeco #insuranceindustry

There have been lots of changes to the Delta SkyMiles Medallion loyalty program over the last year. This article is very helpful in understanding our Delta SkyMiles options during 2024 into future years...

This post is coming to you from Kingsclere! Well actually 15 mins away as i'm passing through on my way to represent someone at court locally! On a recent flight back from Florida I was drawn to the documentary, Horsepower, featuring jockey, Oisin Murphy and his trainer, Andrew Balding from Kingsclere stables. You may recall the media coverage surrounding an incident back in 2020 where Oisin Murphy received a ban for contamination, having been in contact with a female socially, who happened to be an occasional user of cocaine, meaning a risk to his career. The effect of what appeared to be a single incident was not only a risk to his brand image and his career but of course would have also potentially had an effect on the personal lives of his family, friends and his trainer too. I recalled the situation at the time and I remember sending a message remarking how well he appeared to handle the matter in the public eye. My clients problems are usually this: facing an official complaint, risk to livelihood, brand reputation, personal reputation, damage to health. The list could go on! In Oisin’s case I understand that France Galop, the French governing body of racing accepted his explanation for the contamination and he returned from the ban with a successful season! I have spoken in the past to trainers in horse racing about the British Horse Racing Authority and contamination. When an athlete is banned both the media and the public tend to approach the case in a very black and white way. What is often missing from the coverage is what goes on behind the scenes. Often trust is lost or loyalties are questioned and a number of relationships are potentially fractured or completely damaged. This is again where mediation could play an important role. In instances such as this it is necessary to look at the individual, team or business' values to determine if they are aligned to avoid a repeat incident or to successfully continue the relationship whether that be personally or professionally. This is something that my team at Lawpreneur® has at the forefront of its mind and this is embedded in our Lawpreneur® framework. #oisinmurphy #kingsclereparkhousestables

Personal Lines Insurance Pro Tip. Collectibles: (see: Upper Deck issuing a new golf card set) Make certain you have read the policy language and understand how your PL insurer will handle a claim involving your collectibles; including cards ... should a loss occur, eg water damage, fire, theft, etc. Most insurers will sub-limit (if any) a small amount for a claim involving a collection; typically depends on the type of collection ... artwork, musical instruments, sporting goods, silverware, etc., and oftentimes the sub-limit will be in a $1,500-1,000 range. Not much coverage. Fortunately, you have other options -- including adding a schedule (your insurer will clarify what is needed) to your HO policy or purchasing a standalone specialty policy (inland marine) with specific values / per item or via a blanket (less robust coverage) limit. Regardless of which method you choose to insure (asset preservation) your collectibles, please be mindful that coverage limitations do exist and you could suffer from an underinsured loss if you don't thoroughly evaluate available options. #TeamIMG #personallines #risktransfer

Growth in Proximity

It’s exciting times at C&C Scotland! We recently shared about taking on Lynsey Paris – The Golf Lady of the golf club insurance world, and potentially the headcount may be growing yet again in the near future! We’ll keep you posted on that one. But we’re also proud to announce that we’ve extended our relationship with Annan Athletic Football Club, the Scottish League One side who we’ve worked with for over a year, now... click the link in the comments for the full story 👇 👇 👇 #insurance #insurancebroker #scotland #sponsorship #communitymatters

Fun day at TPC San Antonio for the PGA event today. Spotting who’s in form for next week's Masters! Investing and saving can sometimes fall by the wayside for these athletes, with the immediate demands of career, form, family, and travel. Keeping one eye on the future amidst all this can seem daunting. So, where does a Golfer begin? Surprisingly, I wouldn’t propose acquiring small stakes in non-profitable British football clubs! PGA Tour Pension Plan: There are two types— one merit-based, the other not. The money goes in before tax and grows US tax-free. It’s a generous plan, and good foundational step to get started. There are limitations on access age so a golfer wouldn’t want all your savings here. Start Simple, Invest in the Boring Stuff: Creating a diversified portfolio with well-known global companies and bonds. Investments that are liquid for accessibility during emergencies, such as an injury or a downturn in earnings. The goal isn't to invest in flashy ‘hot’ investments, but to secure long-term, stable returns through simple, effective strategies. Starting early, investing in quality investments that are liquid, and being consistent with savings (where possible), can set a golfer up for a future after the game. … And save them time travelling to cold, wet parts the UK to check in with the fans! #PGA #FinancialPlanning #InvestmentStrategy #SecureFuture