How To Know What Your Risks Really Are?
Posted: January 12, 2018
Business Insurance and Risk Management Trends Every business faces risks of various kinds. If you have employees you have the risk of employee injury. You most likely buy workers’ compensation to protect yourself from this risk. No owner or manager wants to believe that their business is exposed to great risks; however, many situations may expose your company to lawsuits, liability and substantial expenses. An...
How Cyber Liability Insurance Protects Your Business
Posted: December 28, 2017
How Cyber Liability Insurance Protects Your BusinessAlmost every business has a cyber liability exposure, and most businesses are securing some form of coverage to protect them from these types of threats. A recent report by a leading insurance firm said that purchases of cyber insurance grew over 30% in the last year. Did you know that an average business has a greater chance of having a cyber breach than it does...
Five Gaps in Coverage for Many Small Businesses
Posted: December 18, 2017
Five Gaps in Coverage for Many Small BusinessesAccording to the latest surveys by major insurers, small to medium sized businesses have a number of critical gaps in their insurance coverage. The reasons for gaps vary; not fully understanding how certain coverage applies to their business, buying insurance from a captive agent who can’t provide the coverage, thinking their commercial coverage provides the coverage, and finally believing they don’t have the risk. Here...
Does Santa Claus Need Insurance?
Posted: December 8, 2017
Does Santa Claus Need Insurance?Imagine that your entire business was focused on just one day out of the whole year? You have to spend 364 days preparing for one single product distribution. Do you think there might be just a little bit of stress—say around December 20? If we attempted to present Santa with a business insurance proposal, he might say, “Who would sue Santa?” If Santa were concerned...
Don’t Let the Company Holiday Party Turn Into an Employment Claim
Posted: November 12, 2017
Company Holiday Parties Increase Risks Your company Holiday party was going great, and everyone was having a wonderful time. Except one of the female employees said that a manager touched her and made un-wanted advances. Now she is filing an employment liability claim. This is a scenario that no one wants to happen. Your business insurance many not cover this lawsuit unless you have employment...
