Category: Business Insurance News You Can Use

Top 5 Insurance Concerns for Business Owners

Top 5 Insurance Concerns for Business Owners Business owners pour their hearts, souls, and resources into making their enterprises run well and generate profit. However, even the best-run business needs insurance for when the unexpected happens. Here are the top five insurance concerns business owners have when it comes to insurance coverage. Data breach/cybersecurity: As major corporations battle hackers and news of data breaches makes...

Have You Reviewed Your Insurance Coverage for 2020?

Have You Reviewed Your Insurance Coverage for 2020? As the new year approaches, we often look back at the year gone by, reflect on the coming year, and make resolutions for the future. Business owners should do the same. But this means more than setting revenue goals. An important part of this review process should involve insurance coverage. The flipping of the calendar page is...

Top 10 Insurance Claims for Businesses

Top 10 Insurance Claims for Small Businesses Small-business owners hope they never have to file a claim, but research by financial services giant The Hartford reveals that 40 percent of small businesses file a claim within a ten-year period. Where is your business most at risk? What insurance coverage should you invest in to protect your company? The Hartford analyzed claims data and discovered the...

How to Spot Phishing Attacks

Gone Phishing: Don't Take the Bait The 2019 Verizon Data Breach Investigation Report indicates that one third of cyberattacks involve phishing traps. These scams involve imitating a reputable source to induce staff to reveal sensitive information. As companies increase awareness of these cons, cyber criminals increase their efforts, making tactics more sophisticated. How can you protect your company? First, educate yourself and staff about current...

How Telematics is Transforming Insurance

How Telematics is Transforming Insurance Technology is transforming every aspect of our lives, and insurance is no exception. Insurance carriers are tapping into automotive telematics to guide insurance premiums. What is telematics? This is a form of communications technology that can be used for monitoring a vehicle to determine driving behaviors. Using a combination of GPS, Bluetooth, and mobile devices, insurance companies can review customers'...