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Tag: Business Insurance

How to Protect Your Most Valuable Assets: Your Key People

How to Protect Your Most Valuable Assets: Your Key People

Most business owners have insurance to protect buildings, vehicles and other important assets, but few consider insuring their greatest asset: their people.How would your business manage after the death of, say, your lead salesperson, your sole design engineer or your experienced plant manager? How long would it take to fill that position or get someone else up to speed on their projects? How much damage...

Five Tips for Small Businesses

Five Tips for Small Businesses

Small Business Week takes place in the last week in April and is a great time to revisit your business goals you made at the beginning of the year. Use this time to take a look at what’s working and what you can tweak with the help of these five tips. Focus on your goals. It’s ok to re-evaluate your business goals and objectives—it’s even necessary...

Preventing Frozen Pipes in Your Business

Preventing Frozen Pipes in Your Business

If you live in snow country, you’ve no doubt heard horror stories about frozen pipes. You might even have a cautionary tale of your own to tell.Those deep-winter cold snaps can send temperatures plummeting, and homes with exposed or inadequately protected plumbing can see their pipes frozen — or worse, bursting — under the pressure of expanding ice. But your home isn’t the only building...

Cyber Insurance: Protecting Small Businesses from Social Engineering Fraud

Cyber Insurance: Protecting Small Businesses from Social Engineering Fraud

October is Cyber Security Awareness Month, so now is the perfect time to examine and refine your business’s cyber security precautions, things like password policies and employee training. It’s also the perfect time to make sure you have a cyber insurance policy.If you operate a small or midsize business (SMB), this domain of criminal enterprise increasingly has you in its crosshairs. Why Are SMBs Targeted?If...

4 Fire Prevention Tips for Your Business

4 Fire Prevention Tips for Your Business

Reducing the risk of a fire at your business is one of the most important things you can do to help protect your customers, employees and property. The U.S. Fire Administration reports that more than 116,500 nonresidential building fires occurred in 2021. Those fires caused 1,025 injuries and almost $3.7 billion in damages.The Unseen Costs For business owners, these damages can be more costly than...