Have You Reviewed Your Insurance Coverage for 2020?
Posted: January 3, 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...
How to Spot Phishing Attacks
Posted: October 25, 2019
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
Posted: September 26, 2019
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'...
Why is an Insurance Lapse so Bad for Business?
Posted: August 26, 2019
Why Is an Insurance Lapse So Bad for Business? Small-business owners have a lot on their plates. Managing multiple moving parts, wearing many hats, and juggling the responsibilities of work and home can prove challenging. In the midst of all this, something may occur that shouldn't: a lapse in insurance coverage. Whether the premium payment was overlooked or other circumstances caused the owner to cancel...
Is Your Business Underinsured?
Posted: June 23, 2019
Are You Underinsured? Most Small Businesses Are A recent Manta and Insureon survey revealed that fewer than 30% of small business owners have basic business insurance. Even fewer, just 6%, have business interruption insurance, and only a rare few (2%) have cyber insurance. This lack of insurance can be a costly mistake. These policies are essential for the proper protection of a company in today's...