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Business Insurance

June 16, 2023
Agency

How Cybercriminals Are Weaponizing Artificial Intelligence

The past few years have seen artificial intelligence (AI) surge in popularity among both businesses and individuals. Such technology encompasses machines, computer systems and other devices that can simulate human intelligence processes. In other words, this technology can perform a variety of cognitive functions typically associated with the human mind, such as observing, learning, reasoning, […]
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June 15, 2023
Agency

Understanding Management Liability Insurance

Management liability insurance is a crucial component of an organization’s insurance portfolio, as it can provide coverage for a business and its leaders. Running a business entails a multitude of responsibilities and decisions. Whether they are making strategic choices or overseeing daily operations, business leaders are exposed to numerous risks. Management liability insurance consists of […]
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June 7, 2023
Agency

The Importance of Prompt Incident Reporting For Small Businesses

Businesses should take every incident that could result in a claim seriously, no matter how minor the event may seem. For example, if a patron slips and falls but appears unharmed, they could still file a claim several weeks later for injuries that may not have been immediately apparent. If a business failed to promptly […]
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May 24, 2023
Agency

10 Essential Cybersecurity Controls Every Business Should Implement

Cyber incidents—including data breaches, ransomware attacks and social engineering scams—have become increasingly prevalent, impacting organizations of all sizes and industries. As such, here are 10 essential cybersecurity controls that organizations can implement to help manage their cyber exposures: Multifactor authentication (MFA)—While complex passwords can help deter cybercriminals, they can still be cracked. MFA can help […]
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May 22, 2023
Agency

Why Nonprofits Need Cyber Liability Insurance

Cybersecurity risks are becoming increasingly severe, targeted and frequent across all sectors. However, nonprofits are particularly at risk since many organizations don’t have the funding to implement adequate cybersecurity protocols. In addition, nonprofits often collect and store highly valuable information about their clients, donors and employees, making them a prime target for cybercriminals. The shift […]
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April 17, 2023
Agency

Cyber Liability & The Importance of Two-factor Authentication

As cyber attacks become more and more common, protecting your data is increasingly difficult. In fact, a study from Juniper Research found that by 2023, cyber criminals are expected to steal an estimated 33 billion records. In light of the growing number of cyber attacks, many companies are turning to two-factor authentication (also commonly called […]
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April 3, 2023
Agency

Ransomware Survival Guide

Ransomware is any type of malicious software—also called malware—that infects a victim’s device or server and prevents the technology from working as it should or blocks access to certain data (e.g., confidential files or sensitive information) stored on such technology until the victim pays a ransom. Typically, the cybercriminals behind ransomware attacks demand bitcoin, a […]
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March 27, 2023
Agency

Guide To Navigating Commercial Property Claims

Introduction In the event of a catastrophic commercial property loss, the process of getting your business back up and running can be overwhelming. Although infrequent, these types of claims can severely impact operations, earnings, team members and the company’s reputation. Responding to a loss can seem daunting in the moment, especially considering the first few […]
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March 20, 2023
Agency

What To Do Before, During & After A Tornado

Tornado Facts to Consider  In 2020, the United States experienced over 1,000 reported tornadoes that caused over $2.5 billion in damage. Roughly 30% of tornadoes in the US occur in “Tornado Alley.” This stretch of land covers only 15% of the US, spanning from Dallas up to Sioux Falls and westerly to Albuquerque. On average, it receives 268 tornadoes per […]
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March 17, 2023
Agency

Spring Storm Safety Tips for Businesses

Spring can bring about some of the year’s most dangerous weather and wreak havoc on many aspects of a company’s operations. This article discusses the weather threats to watch out for during spring and measures businesses can take to minimize damage. Dangerous Spring Weather Unexpected severe weather increases the risk of property damage, injury and […]
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