PROCOR POSTS
HOW TO START THINKING ABOUT CYBER BUSINESS INTERRUPTION
By Chris Mortifoglio Procor Senior Vice President and Director of Forensic Accounting As far as insurance goes, Business Interruption ("BI") is one of those topics that is frequently misunderstood. When people start speaking about BI, they often feel that it is too...
CAN FEMA PROVIDE ELIGIBLE REIMBURSEMENT BEFORE AN INSURANCE CLAIM IS FINALIZED?
By Joseph Mascali Procor Vice President and West Coast Team Leader The short answer is yes, for the long answer read on. Since 2017, the United States has been impacted by major Natural Disasters, such as Hurricanes Harvey, Irma, Maria, and Michael. As a result, many...
3 Ways Businesses Impacted By The California Wildfires Can Act Now
As a new round of California wildfires force evacuations and cause power outages, Procor’s Co-Founder and Principal, Frank Russo shares his perspective about what actions businesses can take now that face loss or risk of loss in the impacted areas.
PROCOR ALERT: California Power Outages – How Businesses Can Review Potential Losses
Pacific Gas & Electric, the largest utility in the state of California and Southern California Edison have announced they will be cutting power as a safety precaution in response to the potential for catastrophic wildfires. This risk of fire is being caused by the...
Procor Proud Sponsor of Heart 9/11 Golf Classic
Pictured Left to Right: Procor Solutions President, Arnie Mascali, Frenkel & Company, SVP, Mike DeLorenzo, Procor Solutions EVP, Frank Russo, and John F. Kelly, President, and CEO of Frenkel & Company, Procor Solutions was once again a proud sponsor of the...
Property Loss Mitigation Checklist & Claim Preparation Guide For Hurricane Dorian
If your business is in the path of Hurricane Dorian it's time to prepare and plan for potential losses. Download our Complimentary Procor-Property-Loss-Mitigation-Checklist> Commercial property and business interruption insurance is a relationship business, but...
What is “Non-damage Business Interruption” Insurance?
You may have seen Non-damage Business Interruption Insurance in the news and wondered what is it. With a few carriers now offering this coverage we thought we would ask our in-house expert for the short answer. Q: What is “Non-damage Business interruption” Insurance?...
Business Interruption Insurance Claims Likely Triggered By Japan’s Historic Rainfall
The insurance industry is watching closely as Japan’s southern region gets hit with a historic deluge of rain. Weather experts are predicting record rainfall, unlike anything the region has ever experienced. Businesses and residents have been ordered to evacuate the...
The Most Common Misconception of Business Interruption Coverage
It is not uncommon that when we first get involved with a business interruption claim, the client will already have created an initial estimate of their losses. We will often hear things like: “I’ve lost a million dollars in revenue”“We’ve had canceled sales of...
The 3rd Annual Procor Risk Colloquium
Procor Solutions + Consulting hosted its 3rd annual Risk Colloquium at TCP Jasna Polana in Princeton, NJ on June 11th and June 12th. Industry leaders from across the country were invited to this two-day event to promote a candid exchange of ideas and creative...
CLIENT RESOURCES
Disaster Readiness FEMA Worksheets
Procor is pleased to provide two complimentary Disaster Readiness Worksheets. The documents were created to facilitate a Public Entity’s documentation process following damages sustained from a Declared Event. There are a number of data points within the worksheets,...
Hurricane Dorian Pre-Loss Checklist For Businesses
Hurricane Dorian is on a collision course with Florida, businesses and risk managers need to take steps to prepare for potential loss and business interruption.
Hurricane Claim Preparation Tips for Homeowners
Hurricane Dorian Alert Download our FREE Hurricane-Homeowner-Loss-Checklist> Procor founder and EVP, Frank Russo offers some important tips for our industry friends and clients’ employees/staff who may be affected by the Hurricane Dorian and are starting to review...
How to Prepare for and Mitigate Loss during Business Disruptions with Frank Russo
Episode #13 of The Continuity Forecast: Because Business Never Stops podcast series featured Procor EVP, Frank Russo. Mr. Russo shared insight into some of the disruptions companies can face, the impacts they can expect from disasters, and offered practical steps...
Hurricane Preparedness Week: Pre-Loss Checklist
The National Weather Service has declared May 5th - May 11th National Hurricane Preparedness Week ahead of the official start of hurricane season which runs from June 1st - November 30th. According to The Weather Channel, the 2019 Hurricane Season is expected to be...
Property Loss Mitigation Checklist & Claim Prep Guide
Download our FREE Procor Property Loss Mitigation Checklist >
Commercial property and business interruption insurance is a relationship business, but after a loss, details settle claims. Immediately after a loss, significant attention, leadership and data analysis are required to fully document a claim. Policyholders have the responsibility to present their loss to their insurer(s) in order to be reimbursed based on the policy coverage.
5 Key Steps Risk Managers CAN Take To Be Ready To Respond and Recover
HURRI-CAN As Hurricane Michael hits the US. Risk Managers are activating their response plans to be ready to address business impact if affected by this storm and to commence business interruption claims presentation and adjustment for any covered losses. In 2017,...
Hurricane Florence Mandatory Evacuation Zones and Curfew List
Procor's Senior Vice President, Joseph Critell has compiled a list of when and where Hurricane Florence mandatory Evacuation Zones and Curfews occurred as a result of the storm. This data may prove useful to businesses filing a claim under Business Interruption and...
5 Key Steps Risk Managers CAN Take To Be Ready To Respond and Recover
HURRI-CAN As Hurricane Florence hits the US East Coast. Risk Managers are activating their response plans to be ready to address business impact if affected by this storm and to commence business interruption claims presentation and adjustment for any covered losses....
Checklist for Documenting and Quantifying a Construction Delay Claim
Checklist for Documenting and Quantifying a Construction Delay Claim For contractors, construction risk managers and construction claim professionals who need to evaluate a construction delay. Whether the insurance program is owner or contractor led, the process of...
NEWS / MEDIA
Arnie Mascali Featured On Insurance Business Magazine
Procor Solution's President, Arnie Mascali joins experts on Insurance Business Magazine to answer the question: "How can governments help more after natural disasters?" Read the full article here> GO Arnie Mascali has nearly 30 years’ experience in all aspects of...
Hurricane Preparation and Recovery Tips for Businesses
Procor Solutions President, Arnie Mascali has been featured on the Risk Management Monitor. Mr. Mascali's article, Hurricane Preparation and Recovery Tips for Businesses, shares timely insights and tips for businesses preparing and planning for potential Hurricane...
Childhood Sex Abuse Claims & Coverage Rights Webinar
Are You Covered? With states revamping the time permitted to file Childhood Sex Abuse Claims, institutions implicated need to know their coverage rights State legislatures are focused on childhood sexual abuse claims. New Jersey and New York, for example, recently...
Procor Solutions to offer smart platform SenSOAR™ to the insurance industry through Strategic Partnership with Scalable Risk Solutions
United States, Colorado, Denver - 06/04/2019 Technology-based risk management firm Scalable Risk Solutions (SRS) announces a strategic partnership with leading risk management consulting firm Procor Solutions (Procor) to offer smart platform SenSOAR™, the “Smarter...
Procor: Builder’s Risk & Construction Symposium 2019 Bronze Sponsor
Procor Solutions + Consulting is proud to be a bronze sponsor of the upcoming Builder’s Risk & Construction Symposium. Procor Co-founders, Arnie Mascali and Frank Russo will attend the event at the historic, Edison Ballroom in the heart of Times Square, on May 22...
Procor featured in Brown & Brown 2018 Annual Report
The 2019 Brown & Brown Insurance Annual Report features Procor Solutions + Consulting and its outstanding performance for the group and the Fortune 500 company as a whole in 2018. In addition to the feature, Procor won Office Of The Year in the Wholesale Division.
Frank Russo Featured in The Journal of Business Continuity & Emergency Planning
Guide to how disaster recovery costs after a loss can potentially be reimbursed through the insurance claim process and highlight how disaster preparation and response are viewed through the lens of risk management and insurance claims recovery.
Procor $1 Billion Milestone
It was a "December to Remember" for Procor Solutions + Consulting, whose teammates successfully resolved claims for more than $1 Billion in the final month of 2018. No, that is not a typo –in fact, three significant matters were resolved in excess of $1 Billion, all...
Arnie Mascali Named Vice Chair of Poly Prep Board of Trustees
Procor President, Arnie Mascali, a graduate of Poly Prep in Brooklyn NY has been named Vice Chair of its Board of Trustees. Mr. Mascali will continue serving the Poly community as a dedicated trustee, following an October 18th Board Committee meeting. He will serve as...
Frank Russo Winner of FiNext Innovator in Finance Award
Procor Co-Founder and EVP, Frank Russo is a winner of the FiNext Innovator in Finance Award, acknowledging his efforts as a FinTech thought leader and torchbearer in the industry. Mr. Russo will attend the the FiNext Conference to accept his award in Las Vegas on...
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