Avoiding corporate scandals has forced privately held companies and non-profit corporations to reassess their insurance policies to limit their liabilities arising from management decisions of their board of directors. This is where a good directors and officers insurance policy becomes invaluable. Statistics show that employees and shareholders are the likeliest groups to lodge D&O…
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Cyber Security Insurance – A Growing Business Interruption Threat
When you think about what usually causes a business interruption, natural disasters such as fires, earthquakes and floods probably come to mind first. These events can physically damage your property and equipment, making your workspace unusable for a time. The damages from Hurricane Katrina and Super-storm Sandy are perfect examples of how natural disasters can…
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A Simple Guide to Employee Safety
Accidents and injuries in the workplace are a real threat to company health and profitability. Protect against this avoidable loss by implementing a comprehensive safety plan at your place of business. Start with the Basics Never assume your staff understands the importance of worksite safety. Ignore “rolling eyes” and take the time to train staff…
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Employment Practices Liability Insurance: Crucial for All Businesses
Provided by Blue Lion Insurance Advisors According to a recent study, more than half of all claims filed for employment-related liabilities are against employers with fewer than 50 employees. Alarmingly, the study also reveals that not even 2 percent of small businesses have employment practices liability (EPL) coverage. High Price Tag Employment-related claims can be…
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Cyber Security Basics for Your Business
For all the benefits that come along with the information age, there comes a wide range of cyber security risks. The WannaCry ransomware attack recently affected more than a quarter million computers worldwide, and the Federal Communications Commission reports that digital fraud has now overtaken physical theft as the most commonly reported crime affecting small…
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