Tag: Risk Management

How to Protect What Matters Most with Mike Silverman (Ep. 107)

How to Protect What Matters Most with Mike Silverman (Ep. 107)

Most people think insurance is a checkbox. But the truth is, it’s one of the most overlooked and misunderstood tools in protecting your wealth.

In this episode, Evan Wohl sits down with Mike Silverman, President and CEO of Silver Lining Insurance Agency, to explore the hidden risks in property and casualty insurance and why calling an 800 number might leave you dangerously exposed. 

With nearly 40 years in the industry, Mike unpacks why relationships matter, what umbrella policies really cover, and how your insurance strategy should evolve as your life does.

What to expect:

  • Why most people don’t actually know what insurance they have
  • The big red flags of calling the wrong person for coverage
  • Hidden geographic risks in CA, FL, NJ, and TX
  • How to use insurance to protect not just property, but future income
  • And more!

Connect with Evan Wohl:

Connect with Mike Silverman:

About Our Guest:

Michael has spent his entire career in the insurance field. He began his career in 1988 with Guardian’s S&W Agency (now known as Strategies for Wealth). Over the past 30+ years, he has earned a reputation for his industry knowledge and expertise, his commitment to his clients, and his overall passion for his life’s work.

Michael, President & CEO of Silver Lining Insurance Agency, Inc., is responsible for new business development, as well as client relations and sales. He is a committed advisor and helps our clients make educated choices on what product or service best suits their wants. Over the years, his practical experience and proactive approach have allowed him to advise both individuals and businesses on how to identify and manage their level of risk.

Michael holds a bachelor’s degree from George Washington University and Chartered Life Underwriter (CLU), Chartered Financial Consultant (ChFC), and Certified Insurance Counselor (CIC) designations. Michael was raised in Livingston, New Jersey, and returned to raise his family. In 2019, Michael and his wife of 30 years, Daena, moved to West Orange, NJ. 

Through the years, Michael has been an active member of numerous township committees and has sat on the Board of his local synagogue, where he served two terms as President. In 2012, Michael was elected Councilmember to the Township of Livingston, and in 2014 and 2015, he served as both Mayor & Deputy Mayor. Michael is also active in several other philanthropic endeavors.

Revisiting Physician Contract Considerations with Stephanie Rodin, ESQ.

Revisiting Physician Contract Considerations with Stephanie Rodin, ESQ.

As a healthcare professional or proprietor of a healthcare practice, your primary focus is safe and legal patient care. Managing the intricacies of healthcare leaves minimal capacity to navigate the complexities of legal matters.

Understanding the legal side of your business is crucial for protection, which is why we invited Stephanie Rodin, Founder and Attorney at Rodin Legal P.C. back for another episode of WealthStyle. 

Join Iván Watanabe and Evan Wohl as they sit down with Stephanie to dive deep into the legal aspects of healthcare practice management, covering employment agreements, patient and employee issues, buying and selling practices, and supplying advice to fellow healthcare practitioners. 

With her extensive experience and focus on ensuring contracts reflect the specialty and protect the practitioner’s rights, this episode is a must-listen for anyone in the healthcare industry.

Iván, Evan, and Stephanie discuss:

  • The significance of tail coverage and how it affects your practice
  • Market dynamics for buying and selling practices including the role of private equity in healthcare
  • The current state of non-competes
  • Key considerations when purchasing equity in a surgical practice, including disaster and disability planning
  • The importance of having detailed discussions and clauses about potential partnership opportunities in employment contracts
  • And more

Resources:

Connect with Iván Watanabe:

Connect with Evan Wohl:

Connect with Stephanie Rodin:

About Stephanie Rodin:

Stephanie Rodin. is the founder and principal of Rodin Legal, P.C. and has been practicing law since 1998, with a majority of that time assisting healthcare professionals. 

Starting from a young age, Ms. Rodin has been exposed to the medical/dental field, as her immediate family all practice within the healthcare field. As a result, she was surrounded by various medical and legal issues that routinely arose during the practice of medicine and dentistry. This provided Ms. Rodin with the expertise that serves as the foundation of her legal practice. Rodin Legal, P.C. caters to these legal complexities and is dedicated to the growth of professional practices.

Ms. Rodin received her J.D. from the New England School of Law in Boston, Massachusetts. Before this, she received a B.S. in Accounting from New York University’s Leonard N. Stern School Of Business. She is also admitted to practice law in New York and New Jersey.