One of our partners is Encompass Insurance Company. They recently offered some very good information regarding cyber liability or identity theft. With all the recent cyber breaches we are all becoming more interested in protecting our identity. We want to provide a few tips to help you protect yourself against identity theft. Cyber liability… Read more »
A Business Insurance Update Businesses Have many different risks to manage including; cyber risk, employment issues, fire and even insider fraud. Fraud experts have found that the average fraud loss averages $50,000, (The Association of Certified Fraud Examiners). Your commercial insurance program should include employee dishonesty or fidelity, including losses due to employee dishonesty, credit… Read more »
A Professional Liability Update You make decisions every day that can come back to bite you. You may not think so, but in this day of litigiousness, your business may be at risk. One way to manage your risk is to consider professional liability insurance. Professional liability, insurance is not just good business; it is… Read more »
A Business Insurance Update Most businesses purchase general liability insurance to protect the business against certain kinds of claims. These claims could include bodily injury and property damage. Professional Liability insurance, also called Errors and Omissions insurance, protects against a claim from a third party who suffers a financial loss because of services or actions. … Read more »
Personal Insurance Update The holiday shopping season is upon us, and many of us are searching our favorite web pages for the best deals on the items that top this year’s wish list. Last year, cyber Monday was the year’s single biggest day for shopping, generating over 2 billion dollars in sales. This year, consumer… Read more »
Almost every business has a cyber liability exposure. Most businesses are securing some form of coverage to protect their companies from these types of threats. A recent report by a leading insurance firm said that purchases of cyber insurance grew over 30% in the last year. It has become clear that even a good IT… Read more »
Cyber issues are in the news a lot today and we are sure everyone is thinking about how it applies to your business or family. As we continue our discussion regarding a new way to think about insurance we thought it would interesting to apply our philosophy to the Cyber Risk issue. Cyber Liability Risk… Read more »