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Tag: Business Insurance

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INSURANCE Identity Theft: It Happens to Businesses, Too In 2017, there were 10,000 cases of business identity theft in the United States. Credit agency Experian reports small and midsize businesses in North America are losing up to $1 billion a year to these imposters. Crimes include tax fraud, credit card use, and website ransom. Is your business protected? Too often, smaller businesses are targets for...

Make Your Meetings Better

Make Your Meetings More Meaningful Pointless, endless meetings are the bane of the workweek. But meetings don't have to be a boring waste of time. Use the following tips to make your meetings more productive. Start with proper preparation. Before calling a meeting, have a clear purpose, a well-defined agenda, and specified outcomes that you want to achieve. Limit the scope of the meeting to...

Personal Networking

INSURANCE Choosing Business Coverage: The Goldilocks Method One bed was too small. One was too big. Goldilocks didn't rest until she found just the right size. It's important that you do the same for your commercial insurance coverage. A variety of policies are available, and yours should be customized to suit the needs of your business. These needs are different depending on whether your business...

Your Reputation Is Vital

Your Reputation Is Vital!  How can business owners best protect their companies? You may have heard the most common small business claim is theft. This is true, but it's not the most costly one. Reputational harm claims top this list. These claims include libel, slander, and violation of privacy. The average cost for these claims is $50,000. If the claim involves a lawsuit, the price...

What is Employment Practices Liability Insurance?

Is Employment Practices Liability Insurance a Must? Employment practices liability insurance (EPLI) is a form of errors and omission insurance and protects your business against employee claims of discrimination, which could be based on age, sex, disability, race, or other traits. EPLI also covers suits regarding harassment or wrongful termination. In fact, as its name implies, its key function is to provide coverage if your...