Is Insurance the Solution to Managing All Business Risk?

While insurance may offer protection against many business risks, no single policy or combination of policies will protect a business from the myriad of risks faced by the business, the business owners or their employees. It is essential for the business risk manager/business owner to:        Identify potential risks: What can possibly go wrong?        Measure frequency

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Important Considerations Before Signing a Commercial Lease

Insurance Issues: In most commercial leasing situations you will need a general commercial liability insurance policy in place prior to moving in.  If you sign a lease and then find you cannot get insurance, you may still be stuck paying for the lease. The minimum insurance protection most businesses need includes: General liability: which provides

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Cyber Risk Liability Cost Shift

Effective October 1, 2015 businesses in the US will be required to install EMV (Europay Mastercard Visa) chip card readers. Following the Oct. 1 deadline, the liability for who is responsible for fraudulent losses will fall on the entity using the less secure technology. Missing the deadline for implementing Chip and PIN technology could come

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A data breach can be catastrophic to a small business

If you’re using the Internet, your customer’s data – along with all of your company’s sensitive information – is vulnerable to attacks. As a business owner you collect customer data every day. Although not widely publicized, the majority of data breaches happen to small and mid-sized business. Surprised? Consider this: According to the Small Business

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