Thursday, June 22, 2023Contractual risk transfer (CRT) is a risk management technique that allows a business to shift potential liability to another party through a noninsurance contract or agreement. This mechanism aims to transfer risk to the party that is better equipped to manage and control it. READ MORE >>
Friday, June 16, 2023The past few years have seen artificial intelligence (AI) surge in popularity among both businesses and individuals. Such technology encompasses machines, computer systems and other devices that can simulate human intelligence processes. READ MORE >>
Thursday, June 15, 2023Management liability insurance is a crucial component of an organization’s insurance portfolio, as it can provide coverage for a business and its leaders. Running a business entails a multitude of responsibilities and decisions. Whether they are making strategic choices or overseeing daily operations, business leaders are exposed to numerous risks. READ MORE >>
Wednesday, June 7, 2023Businesses should take every incident that could result in a claim seriously, no matter how minor the event may seem. For example, if a patron slips and falls but appears unharmed, they could still file a claim several weeks later for injuries that may not have been immediately apparent. READ MORE >>
Wednesday, May 24, 2023Cyber incidents—including data breaches, ransomware attacks and social engineering scams—have become increasingly prevalent, impacting organizations of all sizes and industries. As such, here are 10 essential cybersecurity controls that organizations can implement to help manage their cyber exposures: READ MORE >>
Monday, May 22, 2023Cybersecurity risks are becoming increasingly severe, targeted and frequent across all sectors. However, nonprofits are particularly at risk since many organizations don’t have the funding to implement adequate cybersecurity protocols. READ MORE >>
Monday, April 17, 2023As cyber attacks become more and more common, protecting your data is increasingly difficult. In fact, a study from Juniper Research found that by 2023, cyber criminals are expected to steal an estimated 33 billion records. READ MORE >>
Monday, April 3, 2023Ransomware is any type of malicious software—also called malware—that infects a victim’s device or server and prevents the technology from working as it should or blocks access to certain data (e.g., confidential files or sensitive information) stored on such technology until the victim pays a ransom. READ MORE >>
Monday, March 27, 2023Introduction In the event of a catastrophic commercial property loss, the process of getting your business back up and running can be overwhelming. Although infrequent, these types of claims can severely impact operations, earnings, team members and the company’s reputation. READ MORE >>
Monday, March 20, 2023Tornado Facts to Consider In 2020, the United States experienced over 1,000 reported tornadoes that caused over $2.5 billion in damage. Roughly 30% of tornadoes in the US occur in “Tornado Alley.” This stretch of land covers only 15% of the US, spanning from Dallas up to Sioux Falls and westerly to Albuquerque. READ MORE >>
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