MEK Financial Services Corp

MEK Financial Services Corp Independent family owned insurance brokerage & risk management firm

Χριστός Ανέστη from all of us at MEK Insurance  🇬🇷✨  ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖On this special day of renewal and hope, we wish yo...
04/12/2026

Χριστός Ανέστη from all of us at MEK Insurance 🇬🇷✨
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On this special day of renewal and hope, we wish you, your family, and your business continued health, success, and protection in the year ahead.
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Just like Easter reminds us of new beginnings, we’re here to make sure you’re covered every step of the way — at home, at work, and on every job site.
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Enjoy the traditions, the food, and the moments with the people who matter most.
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Happy Greek Easter! 🕯️🥚
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www.MEKfinancial.com
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MEKfinancial businessinsurance independentbrokeinsurewithme(k) mekinginsurancesimple

🐣🌸 Happy Easter from MEK Financial Services Corp 🌸🐣➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖Today is about renewal, growth, and fresh starts—and ...
04/05/2026

🐣🌸 Happy Easter from MEK Financial Services Corp 🌸🐣
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Today is about renewal, growth, and fresh starts—and it’s the perfect reminder that the right protection lets you build with confidence all year long.
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At MEK, we’re grateful for our clients who trust us to protect what they’ve worked so hard to build. Whether you’re on the job site or planning your next big project, we’ve got your back.
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Wishing you and your family a safe, joyful, and blessed Easter Sunday.
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Let’s keep building—stronger, smarter, and fully covered. 🏗️💼
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www.MEKfinancial.com
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MEKfinancial businessinsurance independentbrokeinsurewithme(k) mekinginsurancesimple

🚧 Contractors: W-2 vs 1099 (W-9) — Why It Matters for Your Insurance 🚧➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖A lot of construction business own...
03/31/2026

🚧 Contractors: W-2 vs 1099 (W-9) — Why It Matters for Your Insurance 🚧
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A lot of construction business owners think this is just an accounting issue… it’s NOT. It directly impacts your coverage, audits, and claims.
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👷‍♂️ W-2 Employees (Payroll)
* You control how, when, and where they work
* MUST be included in your workers’ compensation policy
* Covered if they get hurt on the job
* Payroll is reported → affects your premium
🧾 1099 / W-9 Workers (Independent Contractors)
* Supposed to operate independently
* Typically carry their own insurance
* You should ALWAYS collect:
✔️ Certificate of Insurance
✔️ Workers’ Comp proof (or exemption)
✔️ Written subcontractor agreement
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⚠️ Here’s where contractors get burned:
If your “1099” guy doesn’t have proper coverage, your insurance company may:
* Treat them like a W-2 employee
* Add their payroll to your audit (💸 surprise premium)
* Or worse… deny a claim
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💥 Real-world example:
A “1099” subcontractor gets injured on your site with no workers’ comp.
Guess whose policy gets hit? → YOURS
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📌 Bottom Line:
* Misclassification = higher premiums + major claim exposure
* Proper documentation = protection + cost control
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If you’re not 100% sure your subs are set up correctly, now’s the time to fix it—before your next audit or claim does it for you.
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www.MEKfinancial.com
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Weekend mode: ON 🍻Job site: OFF 🔨——————————————————————-If only risk clocked out like your crew… 😅——————————————————————...
03/28/2026

Weekend mode: ON 🍻
Job site: OFF 🔨
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If only risk clocked out like your crew… 😅
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While you’re enjoying a cold one and pretending you’re not thinking about that one “interesting” job from this week—we’re making sure you’re covered for it.
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Because in construction, surprises belong in your weekend plans… not your insurance policy.
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Enjoy the downtime. We’ll handle the “what ifs.” ✔️
— MEK Insurance Services

✨ Happy New Year from all of us at                                        MEK Insurance Agency ✨As we step into the new ...
01/01/2026

✨ Happy New Year from all of us at MEK Insurance Agency ✨
As we step into the new year, we want to thank our clients, partners, and friends for your trust and support. We’re proud to protect your businesses, your families, and your futures—and we look forward to another year of strength, growth, and success together. Cheers to a safe, prosperous, and well-protected year ahead! 🥂 #2026

🎄✨ Happy Holidays from all of us at MEK Insurance! ✨🎄—————————————————————————————————As the year comes to a close, we w...
12/25/2025

🎄✨ Happy Holidays from all of us at MEK Insurance! ✨🎄
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As the year comes to a close, we want to thank our clients, partners, and friends for your continued trust and support. It’s been a privilege protecting what matters most to you.
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Wishing you and your families a joyful holiday season filled with peace, health, and happiness—and a safe, successful New Year ahead. We look forward to continuing to serve you in 2026! 🎅❄️

🦃🍁 Happy Thanksgiving from MEK Insurance! 🍁🦃——————-——————-——————-——————-——————-Today we’re especially grateful for the t...
11/27/2025

🦃🍁 Happy Thanksgiving from MEK Insurance! 🍁🦃
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Today we’re especially grateful for the trust, loyalty, and relationships we’ve built with our amazing clients, partners, and community.
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Thank you for allowing us to protect what matters most—your businesses, your teams, and your families.
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From our MEK Insurance family to yours, we wish you a holiday filled with good food, great company, and genuine gratitude.
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Happy Thanksgiving!
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— MEK Insurance 🧡

⭐️ Another 5-Star Review! ⭐️We love helping New York contractors protect their business — and hearing feedback like this...
11/16/2025

⭐️ Another 5-Star Review! ⭐️
We love helping New York contractors protect their business — and hearing feedback like this makes it all worth it.
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💬 “Professional, responsive, and truly knowledgeable about NY Labor Law insurance. Highly recommend!”
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If you’re a contractor, GC, or developer working in NYC, let’s make sure your coverage is built to handle real risk.
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👇 DM us to get started.
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🇺🇸 Honoring Our Heroes This Veterans Day 🇺🇸———————————-———————————-Today, we pause to honor the brave men and women who ...
11/11/2025

🇺🇸 Honoring Our Heroes This Veterans Day 🇺🇸
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Today, we pause to honor the brave men and women who have served our country with courage, dedication, and sacrifice. Your service and commitment to protecting our freedoms inspire us every day.
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At MEK | Insurance we’re proud to support our veterans and their families—today and always. Thank you for your service. ❤️🤍💙
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🧱 The New York insurance market is changing — fast. If you own, manage, or build property in NY, here’s what’s impacting...
10/10/2025

🧱 The New York insurance market is changing — fast. If you own, manage, or build property in NY, here’s what’s impacting your bottom line right now:
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🔺 Premiums Are Climbing — Fast
▪️ Property insurance renewals are seeing 10%–300% rate hikes, especially for co-ops, condos, and multifamily buildings.
▪️ Builders Risk & Commercial Property policies are under tighter scrutiny and higher cost due to increased material and labor prices.
▪️ Some general liability and excess carriers are reducing capacity or pulling out entirely. —————————————————————————————————
🚪 Carrier Exits Are Shrinking the Market
Two insurers — including Adirondack Insurance Exchange — have announced their exit from the NY property market, creating gaps in coverage and fewer options. This makes it harder to place coverage for older or high-value buildings.
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🌪️ What’s Driving the Spike?
▪️ Inflation + rising rebuild costs
▪️ Climate risk & severe weather claims
▪️ Surge in litigation, especially for habitational risks
▪️ Reinsurance costs are passing down to policyholders—————————————————————————————————
🔧 For Contractors
▪️ Expect tighter project underwriting — insurers want to see strong safety protocols & clean loss histories
▪️ Wrap-up and OCIP policies are pricing higher and requiring more documentation
▪️ Renovation projects on older structures = higher scrutiny and cost—————————————————————————————————
🏢 For Building Owners
▪️ Now’s the time to audit building systems, roof condition, and fire/life safety — they directly impact premium costs
▪️ Insurers are asking more about risk mitigation: sprinklers, backup generators, flood protection
▪️ Don’t wait until renewal — shop early and lean on brokers who specialize in complex NY risks—————————————————————————————————
✅ Pro Tip: Risk mitigation and a clean claims record are your best tools to control costs in this market.
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📞 Questions? Need help navigating this? Let’s talk —don’t get caught off guard at renewal.

In NYC construction, an architect’s risk and liability can be significant because they are considered licensed design pr...
09/18/2025

In NYC construction, an architect’s risk and liability can be significant because they are considered licensed design professionals under New York law.
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1. Professional Liability (Errors & Omissions)
• Architects are responsible for preparing accurate plans, drawings, and specifications.
• If their work contains errors, omissions, or design flaws that cause delays, cost overruns, or structural issues, they can be held liable.
• Example: If a design miscalculation leads to a building code violation or structural instability, the architect may face claims. ⸻⸻⸻⸻⸻⸻⸻⸻⸻
2. Duty of Care & Standard of Practice
• NYC courts hold architects to the standard of care of a reasonably prudent architect under similar circumstances.
• They are not guarantors of perfect results but can be sued for negligence if they fail to meet professional standards.
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3. Contractual Liability
• Many architect contracts (AIA agreements, for example) outline responsibilities.
• They often include:
• Scope of services (design, drawings, construction administration)
• Limitations of liability clauses (if negotiated)
• Indemnification requirements (sometimes shifting risk back onto contractors or owners)⸻⸻⸻⸻⸻⸻⸻⸻⸻
4. Construction Administration Risks
• If the architect provides construction oversight, they must ensure contractors follow design intent.
• However, they are generally not responsible for means and methods of construction (that’s the contractor’s role).
• Still, if they approve defective work or fail to detect obvious non-compliance, liability may arise.
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5. New York Labor Law Exposure
• Architects are usually not liable under NY Labor Law §§ 240(1) and 241(6) (the “Scaffold Law”) unless they have actual control over worksite safety.
• Owners and contractors bear primary responsibility, but architects could be pulled into lawsuits if their role overlaps with site safety duties.

Address

44-06 31st Avenue
New York, NY
11103

Opening Hours

Monday 9am - 6pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+17189328977

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