Distinguished

JULY 30, 2025

Distinguished’s partnership with Wright Flood adds another layer of protection to its Community Associations program, which includes Package, Directors & Officers , Crime, Umbrella and Cyber products. Wright Flood’s expertise in the Flood insurance market enhances the value brokers can deliver to their clients.

Broker-Agent

Distinguished

JUNE 30, 2025

Here are some of the key exposures restaurant insurance can help address for businesses in South Carolina: Kitchen fires: With open flames, hot equipment, and constant activity, restaurant kitchens are a major fire risk. Alcohol liability: Serving alcohol is a lucrative business, but it comes with liability risks.

Liability

Distinguished

JUNE 30, 2025

Here are some of the key exposures restaurant insurance can help address for businesses in South Carolina: Kitchen fires: With open flames, hot equipment, and constant activity, restaurant kitchens are a major fire risk. Alcohol liability: Serving alcohol is a lucrative business, but it comes with liability risks.

Liability

Distinguished

JULY 7, 2025

Q: What are the ineligible risk characteristics? Q: Will you consider a risk where food is cooked at one location and sold at another? A: Yes, subject to individual risk underwriting. Q: What are your crime score requirements? Risks that require building coverage should be submitted to our Restaurant Package program.

Policy

Distinguished

FEBRUARY 24, 2025

In this guide, well break down how Distinguisheds restaurant insurance addresses the specific risks faced by Charlottes restaurant owners. Contaminated food: Even the most diligent restaurants run the risk of food contamination leading to customer illness, which can leave them vulnerable to lawsuits.

Liability

Cowbell

JUNE 19, 2025

Real-World Impact Financial Losses : The FBI’s 2023 Internet Crime Report noted $2.9 appeared first on Cowbell Cyber. Covering Tracks : Attackers may delete sent emails from compromised accounts, delay detection by altering inbox rules, or use one-time accounts to vanish after the fraud. For as little as $1.38

Financial Loss

Distinguished

MAY 13, 2025

Cyber liability : A policy designed to cover the costs associated with cybercrime and data breaches. You can add on high-limit hotel umbrella insurance (limits up to $145 million) and cyber liability so your clients get the comprehensive hotel insurance coverage they need. One of the most common and costly risks? Fire damage.

Broker

Distinguished

JUNE 16, 2025

However, the bottom line is that whether required by law or not, carrying adequate insurance isn’t optional for HOAs — it’s essential to protect the community and its board members from serious financial risk. Crime Insurance Crime insurance is designed to protect HOAs from the actions of criminals, dishonest employees, and unpaid volunteers.

Liability

ProWriters

OCTOBER 2, 2024

As an insurance broker, you likely recognize that while these technologies drive business operations, they also increase vulnerability to cyber crime, making Cyber Insurance a necessity for your clients. Helping your clients understand cyber risks and Cyber Insurance policy jargon can be challenging.

Insurance Broker

ProWriters

JUNE 4, 2025

Modern Cyber policies need to do more than cover lossesthey need to actively prevent them. Thats the model Cyber Insurance brokers are starting to expect from their carriers. billion in reported losses , according to the FBIs Internet Crime Report. In 2023, business email compromise (BEC) caused $2.9

Insurance Broker

Risk Management Monitor

JANUARY 27, 2022

Ramesh Srinivasan gave a keynote titled “The Opportunities and Downside Risks of Using AI,” touching on the key flashpoints of current technological advancement, and what they mean for risk management. He noted that as data storage has become far cheaper, and computation quicker, this has allowed risk assessment technology to improve.

Risk

Risk Management Monitor

JANUARY 27, 2022

As ransomware continues to spread and payment costs increase, cyber insurance rates have gone up exponentially. As a result, it is more important than ever for companies to understand their cyber vulnerabilities and exposures so they can ensure they are properly covered. One way to do this is through analytics.

Cyber

Risk Management Monitor

JUNE 14, 2021

Because much of this is done through outsourcing of systems and services to third parties, many enterprises have dramatically increased the scale and complexity of their risk surface. These multi-party cyber breaches create a ripple effect and threaten to have a far greater impact than those affecting single companies.

Risk

Risk Management Monitor

DECEMBER 5, 2022

As risk management professionals, these rapid changes have made our job more important than ever to our organizations. Yet the majority of our organizations—particularly in C-suites—remain far from giving risk management experts the seat at the table they need to effectively safeguard against enterprise threats, digital or otherwise.

Risk

ProWriters

OCTOBER 2, 2024

Sure, you’ll need to assess the compromised data and financial losses, but to truly understand the breach and protect against future risks, data breach forensics is essential. Let’s break down the steps involved in a data breach forensic investigation and see how the experts pull back the curtain on cyber crime.

Cyber

ProWriters

MAY 28, 2024

Contractors in the construction industry are not immune to cyber attacks. Ransomware attacks, phishing scams, and other types of cyber attacks can result in data breaches and other incidents that cause financial loss, reputational harm, and legal consequences. Cyber Insurance for contractors is an essential safety net.

Cyber

Triple-I: Business Insurance

APRIL 4, 2024

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

Financial Loss

Risk Management Monitor

MARCH 4, 2022

A wide range of risks are trickling down from Russia’s assault on Ukraine , from sanctions compliance to supply chain disruption to business interruption. Concerns about escalating cyber activity around the crisis are a vivid reminder of the importance of knowing your threat model and adjusting your risk management priorities accordingly.

Cyber

ProWriters

JULY 25, 2024

companies faced the risk of a significant cyber attack. Analysts project cyber crime to cost the U.S. For most companies, a cyber breach isn’t a question of if but when. As a Cyber Insurance broker, you can learn from their mistakes to help protect your clients. trillion by 2028.

Protection

ProWriters

FEBRUARY 12, 2024

You can do much to help healthcare clients safeguard sensitive information, reduce their risk of data breaches, and respond effectively should one take place. Indeed, 2023 saw the most reported cyber security breaches in healthcare (725) and the most breached records (more than 133 million).

Cyber

Risk Management Monitor

JUNE 17, 2022

Ransomware attacks have proven a particular risk in recent years, with attacks like the Colonial Pipeline and myriad attacks on health care organizations demonstrating the serious impact of cyberattacks beyond financial risks, affecting everyday life and business operations. Ransomware and other cyberattacks are always evolving.

Protection

Scott Insurance

SEPTEMBER 27, 2022

Businesses in every industry are facing cyber threats with increasing frequency and severity. It is no longer a question of if your organization will experience a cyber incident, but when. The FBI puts out a report ever year called the IC3 Cyber Crime Report. The number one threat every year is business email compromise.

Cyber

Risk Management Monitor

JUNE 11, 2021

In a nod to its importance, the National Cyber Security Alliance even recently kicked off the first ever Identity Management Day. Data security spans two areas of organizational risk: unauthorized data use and privacy issues associated with authorized data processes. Cloud Application Security.

Risk

Risk Management Monitor

SEPTEMBER 1, 2022

Each organization’s security strategy also needs to align with its specific business risks. Performing risk assessments will allow employers to determine where they need to invest in cybersecurity. Once an organization’s risks are assessed, it can create a plan to suit these needs. Prioritize Investments in Cybersecurity.

Protection

Risk Management Monitor

MAY 17, 2021

As federal and state officials scramble to send unemployment and stimulus funds to help people hit hard by COVID-19 business shutdowns, it has become a perfect storm for cyber fraud. The payments are an easy target for cybercriminals as hackers and cyber gangs around the world have started to file unemployment claims use stolen identities.

Claim

Risk Management Monitor

DECEMBER 3, 2021

An increasingly key theme year over year, resilience is at the root of the latest Excellence in Risk Management India report from Marsh and RIMS—and the RIMS Risk Forum India 2021 virtual event , where the report was officially released today. They have crisis management plans in place, but they also dig deeper, look farther ahead.

Risk

Risk Management Monitor

OCTOBER 25, 2022

According to Beazley’s recent Risk & Resilience Geopolitical Report , inflation is a key area of concern for business leaders and they expect economic uncertainty to remain high through to the end of this year. With high unemployment and higher costs, this also poses a risk to employment practices liability (EPL) insurers.

Risk