This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
A softer-than-expected market kept insurance premiums for technology companies down or flat in some lines in 2024, according to a new report from businessinsurance platform Embroker. Embroker’s 2024 BusinessInsurance Index: Tech Sector found average errors & omissions/cyber premiums …
Protect your clothing boutique from day one with essential insurancecovering liability, property, cyber risks, workers comp, and more. The post How to Start a Clothing Boutique: Insurance Edition appeared first on Central Insurance Blog.
In today’s digital landscape, the threat of cyber attacks has escalated, posing significant risks to businesses of all sizes. Why Traditional BusinessInsurance […] The post The Rising Threat of Cyber Attacks & Why Cyber Liability Insurance Is Essential for Businesses appeared first on Relation Insurance.
Discover how E&O insurance complements cyber liability coverage to protect businesses from professional risks, data breaches, and unexpected challenges. The post Does Errors & Omissions (E&O) Insurance Cover Cyber? appeared first on Central Insurance Blog.
As a licensed insurance agent in Germany with many years of experience, Ive worked with a wide range of hospitality clients. From boutique hotels in Munich to family-owned restaurants in Berlin, Ive helped many of them protect their business and, by extension, their finances.
From property protection to liability coverage, ensuring your businessinsurance policies align with your expansion is critical. Heres what to consider from an insurance and risk management perspective when opening a new location. Workers Compensation Insurance to cover employee injuries on the job.
Robotic hand pointing to digital designs by Tara Winstead Artificial intelligence (AI) and automation are transforming industries across the board, and businessinsurance is no exception. As these advancements become more prevalent, companies should understand how they affect insurance and liability concerns.
While preparing for the year ahead, its easy to overlook one critical aspect of business planning: your businessinsurance coverage. Whether your company experienced growth, faced new challenges, or maintained steady operations, your insurance needs may have changed.
The retail sector has seen a significant uptick in cyber threats, with ransomware attacks surging by 75% in 2022, according to Sophos. Retail CyberInsurance protects your clients’ businesses from cyber threats, helping to maintain operational continuity, a seamless shopping experience, and customer trust.
Introduction When it comes to safeguarding your business, selecting the right insurance policy is crucial. Let’s explore the pivotal questions to ask when choosing your businessinsurance coverage. By recognising these risks, you root your insurance decisions in the real needs of your business.
Discover practical strategies and money-saving tips for small businessinsurance in California. How to Save Money on Small BusinessInsurance in California Running a small business in California can be both exciting and challenging.
Speaking of New Zealand, our team are providing valuable assistance to many insureds effected by the Auckland storms and ex-cyclone Gabrielle. With more and more clients experience mental health issues, LMI were the first to include a clinical psychologist as part of our team through Mastering our Minds.
Your insurance agency website is more than just a business card it’s the key to making a strong first impression and driving new business. Insurance buyers expect a seamless digital experience. Guarantee Your Insurance Agency Website Makes a Great First Impression First impressions matter.
What do you look for in a cyber policy as a risk manager? What are some of the key factors to consider in a cyber risk assessment? appeared first on My Top Insurance Blogs.
To stay resilient, restaurant owners need insurance that helps them recover quickly and mitigate financial losses when something goes wrong. A Business Owners Policy, commonly known asa BOP bundles essential protections like property, general liability, and liquor liability into one streamlined solution.
Cyber incidents reported to the FBI’s Internet Crime Complaint Center (IC3) in 2023 totaled 880,418. Meanwhile, supply-chain attacks increased, and weak notification frameworks further increased cyber risk for all stakeholders. These attacks caused a five-year high of $12.5 billion in losses, with investment scams making up $4.57
The insurance industry is undergoing a fundamental transformation. Insurers, agents and brokers are grappling with rapidly evolving risks that are becoming increasingly complex. Both insurers and brokers are grappling with a common set of escalating problems. Unfortunately, these challenges are expected to intensify.
For businesses, understanding the cybersecurity implications of AI is critical, as is having a plan to protect against AI-related threats. In this evolving landscape, cyber liability insurance can play a crucial role in safeguarding your business from potentially catastrophic losses.
Introduction Navigating the world of commercial insurance can feel a bit like wandering through a maze, with myths lurking around every corner. It’s essential for business owners to separate fact from fiction to ensure they have the right protection. Unfortunately, misconceptions can lead to costly mistakes.
Knowing who is ultimately responsible for these breaches can create enormous headaches and leave business owners uncertain of whether they have a liability, and whether that will be covered by insurance. you should talk to us about making sure your liability is properly insured.
From data breaches to equipment breakdowns, IT businesses need tailored protection to stay secure and competitive in today’s fast-paced tech landscape. Ensuring your business has the right insurance policies is not just a smart decision—it’s essential for long-term success. One oversight could lead to costly lawsuits.
Introduction The world of commercial insurance is constantly evolving, adapting to meet the changing needs of businesses. As we inch closer to 2025, several trends are emerging that promise to reshape the landscape of businessinsurance. By the 20th century, the insurance industry began to reflect broader societal shifts.
Computer in a home office by Ken Tomita The shift towards remote work has introduced numerous benefits for businesses worldwide, including increased flexibility and reduced overhead costs. As remote work becomes more prevalent, protecting sensitive information against cyber threats is paramount.
Source: International Chamber of Commerce/International Maritime Bureau (IMB) Many people outside the maritime and insurance industries don’t realize that piracy remains a costly peril in the 21 st century. Global insurer Zurich estimates the annual cost of piracy to the global economy at $12 billion a year.
Today’s dynamic business environment and litigious society pose several risks to businesses. As they seek to secure the insurance they need to protect themselves, some companies’ decision-makers may get confused about E&O vs. EPLI policies. Coverage of settlements or judgments awarded against the insured.
Today marks LMI Group’s quarter century of service to the insurance industry and wider communities. February 2000: Development of first Training Module – Business Interruption. May 2002: First of now 17 books on insurance and risk management launched. May 2000: First manual Policy Comparisons developed.
Welcome to our comprehensive guide on essential businessinsurance. As a business owner, it is crucial to protect your empire from various risks and threats that can potentially disrupt your operations and financial stability. Additionally, consider the specific risks your business may face based on its location and industry.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content