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Are you ready for some thoughtful discussions about how to meet and exceed the rigors of today's retirement industry? Join host Tom Lamendola, Chief Marketing Officer for Financial Independence Group, for a deep dive into the demands of today's retirement industry.

Each episode, Tom will lead a thoughtful discussion with leaders in the financial arena to create a unique show that's designed to serve both financial professionals and everyday investors.

Financial Independence Group (FIG) has been a leader in the financial services space for more than 40 years. Tom Lamendola joined FIG in 2017 and has been responsible for growing high performing teams and challenge organizations to reach their potential for more than 15 years.

Questions for Tom? Want to be a guest? Inquire at tom.lamendola@figmarketing.com or by calling 800-527-1155.

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  2. The Ins and Outs of E&O Insurance with Matt Woodford and Angela Schroder

The Ins and Outs of E&O Insurance with Matt Woodford and Angela Schroder

Jun 16, 2023

Welcome back to the Retirement Inside Out podcast! Today we are joined by two very special guests, president of Independent Property & Casualty Group, Matt Woodford, and president of U.S. E & O Brokers, Angela Schroder. They are sitting down with us to talk about all things Errors and Omissions (E&O) Insurance- from making sure you have the right coverage to how often you should review your coverage. As your business grows and carriers and policies change over time, this is a critical step that you do not want to miss. 

 

Join us as Matt and Angela take a deep dive into the misconceptions and risks associated with inadequate insurance, emphasizing the need for comprehensive evaluation, and understanding of policies. With real-life examples and practical insights, they highlight the significance of E&O coverage and the importance of understanding policy exclusions, claims triggers, and more.

 

 Here’s some of what we’ll discuss in this episode: 

 

  • Considering the business type, revenue, and comprehensive protection for the organization, rather than individual employees. (3:09)
  • Seeking expert advice and reviewing your insurance coverage when there are changes in your business is critical. (9:53)
  • The importance of understanding policy details, exclusions, and claims triggers to ensure adequate protection + annual reviews. (17:01)   
  • Do not just pay for the policy, make sure it’s the right one. (23:43)
  • Angela’s recommendation for those retiring from their business and looking to protect their family and estate moving forward. (28:40)
  • Matt shares about the new program offered through IPCG to help financial professionals understand the E&O space. (31:30)

 

Learn more about Matt:

https://www.linkedin.com/in/matt-woodford-b081371/

 

Learn more about Angela:

https://www.linkedin.com/in/angela-schroder-1a288a37/

 

Learn About FIG: https://www.figmarketing.com 

800-527-1155