Executive Risk: Protecting the People Who Protect the Capital

Family offices scaling into direct investing are under-insured and under-governed relative to the personal/fiduciary risk their executives now carry.

• Role-capacity gap: Jeff Avery defines executive risk as the mismatch between the many legal capacities an executive holds (CFO, board director, trustee, fiduciary) and the insurance program built around narrower roles.
• Coverage gaps common: Family offices typically carry basic property/D&O coverage but often lack cyber liability and errors & omissions, despite rising phishing and wire-fraud losses.

Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.