Working in the specialty chemical business supporting heavy manufacturing for 18 years before a career in insurance served as great training ground for Michael. Serving a variety of businesses and industries introduced him to creative business thinking and processes he brings to Westwood in his role as business manager.
As a result, Michael helps Westwood differentiate by listening and responding to client’s problems with a more holistic approach.
In 2015, two security researchers rocked the automobile industry by hacking into a Jeep Cherokee's infotainment system. Something that on the surface seemed fairly innocuous, but what they were able to do as a result was every driver’s nightmare.From the harmless...
Standing on the brink of transformative change, the senior living industry is currently influenced by a multitude of factors. These include changes in Medicare reimbursements, demographic shifts, staffing shortages, a dwindling number of geriatric specialists,...
There’s no question that Florida is a challenging venue when it comes to sourcing carriers willing to provide GL/PL coverage for the senior living and health care markets. It’s been regarded as being so risky, that many carriers currently avoid any exposure in this...
Unacceptable behavior by physicians and healthcare professionals is on the rise, corresponding with increased attacks on physicians by patientsLive streaming of surgical procedures, particularly plastic surgery has become increasingly popular in recent years and while...
Unacceptable behavior by physicians and healthcare professionals is on the rise, corresponding with increased attacks on physicians by patientsThe leading online global destination for physicians and healthcare professionals worldwide, Medscape, recently released a...
Just another mouth to feed is possibly the first thought when considering the use of a wholesale broker, and in many instances there is an element of truth to that. When you set out working as an independent agent, as with any other field, there is a temptation to “do...
With the impact of COVID-19 on senior living facilities and nursing care services, the industry is under the spotlight. Now more than ever, the industry must look at liability mitigation.
Social inflation is a buzzword insurers use to explain the rising costs of insurance claims resulting from primarily increasing litigation arising from more plaintiff-friendly legal decisions and larger compensatory jury awards. While many industry experts put it down...
With workers in elder care facilities leaving the industry in droves, assisted living and skilled nursing facilities continue to face pandemic problems, with many closing to new admissions and some even closing down.
The healthcare industry has been rocked with more change in the last two years than we've seen in decades, which has led to uncertainty for insurers. The pandemic and the associated implementation of government policies left many people with negative perceptions of...
Michael specializes in insurance for this particular group. You can call him on the number below or fill out the form and he will get your message directly:
Westwood have fostered exceptional relationships with underwriters and we go to great lengths to keep abreast of their latest products, changes in requirements and restrictions, including having weekly calls with the carriers, which you can see here, by joining our insurance insider group.
You can find more information on the Insurance Products main page.
If you have any questions on the different policies, check out our Insurance FAQ's
Westwood President, Michael Richards has extensive experience in setting up alternative structures for larger clients. Here are some examples:
If you think your client could be large and stable enough to benefit from starting or participating in a captive or has a special need for another alternative structure, contact Michael Richards now by phone: 855 351 7487.