Tuesday 30 October 2018

How Male Bonding is Being Taken with New York's Paid Family Leave

Fatherhood in America has evolved over the years; The Pew Research Center found that more men are taking a more active role in child care than in the past. The demand for paid parental leave to extend to men as well as women is growing, with more companies offering paid time off to fathers as well as mothers to bond with newborns.



With New York launching one of the most comprehensive paid leave acts in the country in 2018, data is showing that men are utilizing the leave to bond with newborns. In fact, 19% of paid family leave claims were made for male bonding, a statistic showcased in AmTrust’s analysis of how paid family leave is being used in 2018.

Paid family leave can be taken for any of the following three reasons:
  • Bond with a newborn, adopted or foster child
  • Care for a loved one with a serious illness
  • Tend to family matters when a loved one is called to active military service

In 2018, both men and women can take up to 8 weeks of paid, protected time off to bond with newborns. Over the next few years, this leave will increase, with 12 weeks of paid, protected pay male bonding available to employees in New York by 2021. While our data shows that women are typically taking paid family leave back to back with DBL, there is also the option to take paid family leave intermittently, which can be an attractive option for men taking bonding leave.

For more details about AMT Service Corp feel free to visit: https://amtrustfinancial.com/blog/insurance-products/how-male-bonding-taken-in-new-york-state

Wednesday 3 October 2018

Nonprofit Coverage: Submission Requirements & Enhancements

Our submission process is easy. Send an email to nonprofit@amtrustgroup.com and make sure to include: 
  • All pertinent ACORD and supplemental applications; we also accept other carrier’s applications
  • Audited year-end financial statement (or Form 990 if the organization does not have a year-end statement)
  • Brochures, promotional material describing programs and services offered and copies of all relevant contracts
  • Loss history for a minimum of 3 years
  • Schedule of drivers and vehicles, including VINs and seating capacity
  •  
AmTrust offers options to enhance coverage to include:

  • Articles, Fine Arts, Valuable Papers/Books
  • Armed Guards (contracted through 3rd party only)Nonprofit
  • Earthquake & Flood
  • Educators Liability
  • Employee Benefits (can be included in Package)
  • Immigration Counseling Liability
  • Vicarious Medical Liability – excludes physician liability; physician must have medical malpractice coverage
  • Medical Liability – excludes physician liability; Dr. must have Med Malpractice coverage
  • Special Events Blanket/Fund Raising Endorsement
  • Social Work, Foster Care & Counseling
  •  
The process is simple:

  • Submit the supplemental form, ACORD and loss run information to nonprofit@amtrustgroup.com
  • Your dedicated underwriter will take care of the rest!
  •  
Individual coverage may vary and may not be available in all states.  Not all applicants may qualify.  In the event of a conflict with the material herein, the terms and conditions of any issued policy will control.  Any available coverage for a claim will be determined based on the facts and circumstances of the claim as well as the terms and conditions of the policy, including any applicable exclusions or deductibles.