Emerging Trends in the Construction Insurance Industry
Posted: October 12, 2023
The construction industry is a dynamic and ever-evolving sector that plays a vital role in the growth of economies worldwide. With its inherent risks and complexities, construction projects require a safety net to protect stakeholders from potential financial losses. This is where the construction insurance industry steps in, providing crucial coverage for a variety of risks. In recent years, this industry has witnessed significant transformations,...
Is My Small Business Vulnerable to Cyber Attacks?
Posted: October 4, 2023
October is National Cyber Security Awareness Month. With the increasing prevalence of cybercrime in small businesses, it is crucial to be aware of the risks and take the necessary actions. The following statistics were reported by Small Biz Trends: Nearly 43% of cyber attacks target small and medium-sized businesses. Only 14% of targeted small businesses are prepared to handle cyber attacks. Costs of cybercrime are...
The Importance of Adapting Your Insurance to Your Business Growth
Posted: September 19, 2023
Watching your business prosper and grow can make all your hard work seem worthwhile. As you enjoy your success, it is important to be aware that as your business grows, risk management considerations increase accordingly. You may need to revise your business insurance because of expansion or any of various other factors. How Do Most Businesses Get Started With Insurance Coverage? For most business owners...
Who Needs Commercial Property Insurance
Posted: September 11, 2023
Commercial property insurance is essential for a wide range of businesses and property owners. It provides protection for physical assets and property used in the operation of a business. Here are some entities that typically need commercial property insurance: Business Owners: Any business, whether it's a small startup, a retail store, a restaurant, or a large corporation, can benefit from commercial property insurance. It helps...
5 Labor Day Lessons on Securing Your Business
Posted: September 4, 2023
The long Labor Day weekend is a time for backyard barbeques and celebrating the holiday with family and friends. It is also an excellent time to review your coverage and ensure you have the following five main types of insurance to help protect your business. Business Owner’s Policy (BOP) Business Owner’s Policies (BOPs) are among the most popular insurance bundles for small business owners. They...