Is My Business Covered in the Event of a Cyber Attack?
Posted: November 19, 2022
Is My Business Covered in the Event of a Cyber Attack?Small business owners are not exempt from the risk of a cyberattack. The loss of customer data is a financial disaster, and with cyber incursions becoming more common, and hitting even the largest companies, from banks to retails to online giants with extensive security, it is well worth ensuring your business has adequate cyber insurance. The Costs of a Cyber Breach The financial losses a...
What Businesses Should Consider for Hybrid Work
Posted: November 11, 2022
What Businesses Should Consider for Hybrid WorkIn early 2020, the COVID-19 pandemic led to the widespread closure of offices and workplaces across the world. Many employees learned something during this unprecedented time – that it was possible for their work to be done remotely from home.Of course, telework is not an option for every job or every company. According to a recent study conducted by the Pew Research Center, 62% of...
Top 3 Business Insurance Myths
Posted: November 4, 2022
Top 3 Business Insurance MythsInsurance is essential in today’s economic environment. We have health insurance in case we become ill or injured. We carry auto insurance so we can legally drive and for protection in case of a crash. Businesses are no exception to the rule. If you own a business, you need the right kinds of business insurance coverage to protect it. The following are common business insurance...
If You Blog, You May Need Professional Liability Insurance
Posted: October 19, 2022
If You Blog, You May Need Professional Liability InsuranceEvery business is advised to have a blog, but does this come with risks? Surprisingly, yes. A blog may mention a specific company, competitor, or include claims regarding results, and under the right conditions, could lead to a lawsuit. Companies that make promises about what they can achieve can be at high risk. What if the advice is taken, with no result, or a bad...
How Will Inflation Impact My Coverage?
Posted: October 13, 2022
How Will Inflation Impact My Coverage?Inflation – no one loves it. When it hits a business, it affects the cost of goods, particularly for any business that manufactures products, and can have an impact on the cost of business insurance. The types of policies that may increase in price due to inflation include: Commercial property insurance: The construction industry is suffering growing pains, exacerbated by the radical increase in the...
