Cyber, Workers Comp., Commercial & Small Business
Even with a simple business plan, risk management can be complex. This is where an insurance professional becomes invaluable: we can provide customized recommendations on your business's coverage needs.
Cyber
Over the past several months, companies have been learning the ins and outs of managing a remote workforce, experimenting with new platforms to conduct meetings, exploring new ways to stay connected, and rethinking productivity measures. One area that many are coming up short is Cyber Security and Cyber Insurance. With more work being done remotely, and more essential business services moving to the cloud, the risk of a cyber-attack has increased exponentially. As companies put in place policies and technologies to adjust to a new model of remote or hybrid work, investment in security safeguards will be a key consideration, most business don't realize that a cyber breach is not covered under most General Liability policies leaving the business owner exposed to fines, fees, and lawsuits. Talk to us now to schedule a review and discussion on your cyber insurance needs.
Commercial Liability,
It's highly discouraged to start any business operations without a general liability insurance policy. This is the most basic insurance policy type, but it still offers robust protection against potential lawsuits. Each year, lawsuits against small businesses account for more than $100 billion in losses in the U.S. alone, according to the U.S. Chamber of Commerce. Business owners also can add property coverage to their policy to insure any buildings, equipment, or products the business is using against physical damage and loss of revenue.
Small Business Policies
Beyond a standard commercial liability or business owner's policy (BOP) businesses may need additional liability coverage against employee lawsuits in the form of Employment Practices Liability Insurance (EPLI), Errors and Omissions (E&O), Liquor Liability, or expanded excess/umbrella liability policies up to 5 million dollars.
Workman Compensation
Risk management is undoubtedly complex, but there's no need for a business owner to go it alone. If the business requires employees, it will need workers' compensation coverage. Whether you're a startup or have been in business for years with multimillion dollar payroll we can help reduce your workman's compensation premiums through comprehensive risk management.
As your insurance agent we can walk you through different scenarios & policy types to protect your business and can even help with different risk management strategies
