Contractors Have Professional Liability Risks
Posted: March 9, 2023
According to the International Risk Management Institute, contractors, project owners, and project professionals have an increased risk of professional liability claims. Yet less than half of all contractors in need of the coverage are buying it. Insurance can play an important role in “on-time and on-budget” projects. If your contractors’ insurance coverage is not written properly, your business may not survive financially. Many contractors don’t...
Commercial Insurance Keeps Your Business Running
Posted: November 11, 2022
Small businesses account for 89 percent of all companies. A small business is one that employs fewer than 75 people. In reality, most small businesses have seven or fewer employees. When you own a small business, it doesn't take much to derail it and force you to close your doors. Having the right commercial insurance can provide you with the protection you require to survive. Trying to keep...
Keys To Training New Employees
Posted: June 9, 2022
In theory, you recruit certain employees for their qualifications and expertise and others for their labor and ability to learn as a small business owner. But there's no denying that both types of employees will involve some training, and both will benefit from clear objectives and direction. What might be covered It is your right as an employer to set expectations. When it comes to...
How To Get The Most Out of Your Business Insurance
Posted: January 22, 2022
There are just so many alternatives when it comes to choosing the correct insurance for your company. When it comes to commercial company insurance, one of the most important things to think about is how to get the most out of your policy. Start making the most of your commercial business insurance, consider the following suggestions: Keep your policy current, review and update it on...
Why Is Directors and Officers Insurance Important?
Posted: December 17, 2021
Corporate Directors and Officers Insurance (D&O) Protects Corporate Directors and Officers from Personal Liability The majority of business insurance policies are meant to protect a company's assets and earnings. The goal of Directors and Executives Insurance, often known as D&O Insurance, is to protect and defend the personal assets and income of boards of directors, employees and corporate officers. A startup company does not require...