Cyber Insurance Can Benefit Your Business Cyber liability is a risk that every business faces today. You do not have to be a technology company or an online retailer to have cyber liability risk. According to the latest studies by insurance experts, firms with 50 or fewer employees are the most at risk of having […]
February 19, 2019
Misconceptions about Cyber Liability Cyber liability coverage for data breaches has evolved from just insurance for information technology companies to coverage that nearly every kind of business should have as part of their insurance program. Any business not making an effort to protect personal private information is seriously out of step with the emerging landscape […]
December 10, 2018
Cyber Liability continues to be a major issue for businesses in 2018. In today’s data-driven social media world, businesses of all sizes have had a cyber-attack or data breach. Statistics show 39% of all cyber incidents affect businesses with fewer than 100 employees. With the recent breaches in the financial and hospital industries, many businesses […]
July 30, 2018
We have all heard of identity theft as it relates to individuals. Most of us have some form of identity theft protection just in case. However, businesses are now facing the same kind of risk, only as it relates to their business. The emerging risk includes; business tax fraud, trademark issues, website hacks, and credit […]
July 12, 2018
Cyber risk and cloud computing is a topic that keeps evolving. In a recent study, 40% of companies thought they did not need cyber liability insurance. Many thought cyber liability was covered under their business insurance policy. And others thought that if they used the cloud to store client’s information that they had no risk. […]
June 16, 2018
Cyber Risk Insurance Cyber liability coverage (for data breaches) has evolved from just insurance for information technology companies to coverage that nearly every type of business should carry. From retailers, property managers, banks, contractors, distributors, restaurants and medical offices, many businesses are unaware of the severe data breach exposures they face. Any business not making […]
March 12, 2018
A Business and Risk Update Businesses purchase commercial insurance to protect against the unforeseen costs related to a claim, damage, or loss. Commercial insurance provides the financial resources necessary to help your business recover from an insured loss. As your business grows, so does your risks. As societal norms change, your business risks also change. […]
February 28, 2018
Cyber Risk The Business Journal recently published a report on cyber risk and we thought the results would be good to share with you. While a majority of U.S. finance executives now see high-profile cyber-breaches as a major risk, many still have inadequate or no cyber liability insurance coverage. That finding comes from the Association […]
January 25, 2018
A Commercial Property Update Most business owners who own a building worry about what might happen if their build is damaged by a fire or some other loss. Your business relays on the experience of the agent to design a commercial property policy that will respond to a claim. For most businesses it is important […]
December 28, 2017
A Cyber Risk Update Have you ever received a “junk email” claiming to be American Express and speaking of an unauthorized charge to your account say from a recently known cyber-attack such as, Home Depot and they are asking for you to follow a link to correct the problem? The sophisticated web user knows this […]
October 8, 2017