Tag: Business

5 Essential Tips to Reduce Data Breach Exposure

  Data breaches are increasingly becoming one of the biggest plagues of modern businesses, be those small or big companies. With cyber security becoming a problem for everyone, it’s a good thing to start thinking more about it, if you’re not already. Data breaches can be simple nuisances, or they can seriously jeopardize your entire… Read more »

What is the Role of an Additional Insured on Your Policy and Why It Is Important?

  If you are an Additional Insured, you enjoy the benefits of being insured under an insurance policy. An Additional Insured is typically associated with general liability insurance policies and property insurance. It provides coverage to individuals and groups that were not named initially. It refers to anyone other than the policyholder who is covered… Read more »

8 Reasons Why Subcontracting May Be Right for Your Business

  Subcontracting is the practice of hiring outside of your company to perform tasks under contractual agreements. Why would you require the help of subcontractors? No matter how strong your team is, there are times when they may not have the necessary skill set to get a job done. And if you have a job… Read more »

5 Best Practices to Secure Your Business Online from Cyber Threats

  Cyber attacks are on the rise. According to the Verizon 2018 Data Breach Investigations Report, 53,000 incidents and 2,216 confirmed data breaches occurred within the recent 12-month period. Not only can a cyber attack cripple your business overnight, but recovering from one doesn’t just involve rebuilding your systems and retrieving stolen data; it also… Read more »

Top 3 Reasons Why Insurance Brokers are Better than Agents

If you’re one of those people that have used the terms insurance broker and agent interchangeably, you probably didn’t realize that they are two different things. While their functions are similar, they’re not identical. The Difference Between Broker and Agent As mentioned, brokers and agents have their similarities; both are licensed to distribute insurance, adhering… Read more »

What to Expect When Filing and Insurance Claim

In the unfortunate event of suffering a loss due to damages, either to your home, business, car, or even worse yet, to yourself or a loved one, you will need to file a claim with your insurance carrier. Together, you will go through the necessary steps and procedures that ensure you will receive a fair… Read more »

What Manufacturers Need to Know about Commercial Policies for Your Business

  Whether you have a small manufacturing firm or a big one, a Commercial Liability Insurance, also known as a Comprehensive General Liability (CGL), is insurance protection that you will need to help you withstand potential financial losses from liability lawsuits. CGL is a standard insurance policy that protects companies against liability claims for bodily… Read more »