Thoughts & Commentary
Business Insurance Blogremove
A regularly updated collection of insightful posts and articles written by members of our team as well as by industry professionals and experts.
While hacking-related data breaches and subsequent ransom demands to large corporations like HBO, Target, and Home Depot understandably garner widespread attention, the resulting assumption that only large companies face this growing digital threat couldn’t be further from the truth. In fact, a study in 2016 found that 43% of all cyber attacks targeted small businesses. Even more alarming is that a staggering 60% of small businesses hit with a cyber attack or data breach go out of business within 6 months. Let’s take a look at specifically how this increasing threat affects small businesses.
Continue Reading → “How Data Breaches Affect Small Businesses”
The types of insurance claims will vary greatly by product, service, and industry but we can still examine the most common ones that small companies face. Continue Reading →
What reasons can an insurance carrier use to cancel a company's coverage and what can business owners do to avoid this frustrating situation? Continue Reading →
If you're in the market for insurance, chances are you've come across the A. M. Best insurance ratings. In this post, we explain what they mean. Continue Reading →
Identity recovery insurance is a policy that can be provided to employees by an employer to cover costs associated with recovering a stolen identity. Continue Reading →
Business insurance brokers are a valuable part of the commercial insurance industry, but their high cost is an unnecessary expense for small businesses. Continue Reading →
For companies whose owners or employees drive personal or company-owned vehicles for business, commercial auto liability insurance is extremely important. Continue Reading →
For companies who's employees travel internationally, business travel insurance provides financial reimbursement when those trips become interrupted. Continue Reading →
Lets take a look at three of the most common and frequent scenarios that trigger a legal requirement for some form of business insurance. Continue Reading →
Business interruption insurance is a form of coverage typically added to an existing policy providing protection for interruptions to business operations. Continue Reading →