The risk management process is a systematic approach to identifying, assessing, and addressing risks that could impact an organization or individual. Here’s a breakdown of the key steps: Risk Identification: The first step involves pinpointing potential risks that could…
The quantity and intensity of cyber-attacks are expected to rise in 2025 causing significant changes in the cyber insurance market. The cyber insurance market has always been deemed “soft,” making it relatively easy for businesses to obtain coverage at…
A Commercial Insurance Update Your business keeps you running from dawn to dusk. You have many decisions to make every day in order to keep your business profitable. Our job is to be your business insurance resource and to provide…
Professional liability insurance, often called errors and omissions (E&O) insurance, is essential for businesses that provide advice, services, or expertise to clients. This type of coverage protects professionals from claims of negligence, mistakes, or failure to deliver on expectations that…
Running a commercial business comes with risks, but taking proactive measures can safeguard your operations, minimize losses, and potentially reduce insurance premiums. By focusing on prevention and risk management, businesses can protect their assets while saving money. Here are five…
Starting a business is an exciting venture, but it comes with its share of risks. One of the most critical steps in protecting your investment is securing the right insurance. The type and amount of insurance you need depend…
Understanding and mitigating risks is crucial for success and sustainability in today’s dynamic business landscape. Insurance agents, with their unique perspective on risk management, identify several key areas that businesses should be particularly mindful of. Cybersecurity Threats In the…
Every business goes through changes including growth, new products or services, or equipment upgrades. If your business has experienced any change it might be time to have business insurance and risk review. New Products Or Services If your business is…
The medical device industry is a fast-paced, innovative field with an undeniable impact on healthcare. However, the development, manufacturing, and distribution of medical devices come with significant risks. From product recalls to regulatory compliance issues, businesses in this industry face…
Choosing the right commercial insurance can be a challenging task for any business owner. With a wide variety of options available, it’s crucial to select coverage that fits your unique business needs while providing the right level of protection. Here…
