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Tag: Risk Management

Is My Business Covered?

Is My Business Covered?

  According to the latest surveys by major insurers, small to medium sized businesses have a number of critical gaps in their insurance coverage. The reasons for gaps vary; not fully understanding how certain coverage applies to their business, buying insurance from a captive agent who can’t provide the coverage, thinking their commercial coverage provides the coverage, and finally believing they don’t have the risk....

Practical Insurance Tips for Property Managers

Practical Insurance Tips for Property Managers

Ensuring Adequate Protection Property management comes with its own set of challenges and risks, making the right insurance coverage essential for protecting not just the physical property but also the financial stability of the business. Whether managing residential, commercial, or mixed-use properties, understanding and navigating insurance needs is critical. This blog provides practical insurance tips for property managers, ensuring they are well-equipped to handle unexpected...

How To minimize Cyber Risk

How To minimize Cyber Risk

Strengthening Cyber Event Response In an era where digital threats are constant, companies must be prepared to face the challenges of cyber events head-on. In 2023 over $460 million was paid in ransomware to cyber criminals. The ability to respond effectively to these incidents can make the difference between a minor disruption and a major breach. To bolster their defense strategies, targeted companies must prioritize...

Securing Tomorrow: The Keys to a Business Continuation Plan

Securing Tomorrow: The Keys to a Business Continuation Plan

  Businesses face an array of challenges in today's ever-changing world. Disasters, economic downturns, and unexpected events can threaten the very existence of a company. A well-thought-out business continuation plan is the key to ensuring the resilience and survival of your business. In this article, we will explore the essential elements of a business continuation plan and why it is crucial for long-term success. Comprehensive...

The Importance of Property Insurance for Landlords

The Importance of Property Insurance for Landlords

As a landlord, you understand the significance of protecting your investment. Owning a rental property comes with its fair share of risks, ranging from property damage to liability claims. In such circumstances, having comprehensive building insurance can provide you with peace of mind and financial security. Safeguarding Your Property: Your rental property is a valuable asset that needs protection. Building or property insurance covers the...