When you think about spoiled or contaminated inventory, food products may be the first thing that comes to mind. But many businesses rely on perishable products that can be damaged by temperature…
Captive insurance is no longer viewed only as an alternative to the traditional insurance market. For privately held and employee owned companies, it can be a risk-financing strategy that aligns insurance cost,…
As summer comes to an end, fall is a good time to inspect your commercial property and address maintenance issues before winter weather arrives. Seasonal changes can reveal problems that may have…
When reviewing commercial property insurance, you may come across a provision called coinsurance. While the term can sound complicated, its basic purpose is straightforward: coinsurance establishes a minimum amount of insurance you…
Today’s organizations rely on a growing network of vendors, suppliers, technology providers and other third parties to keep their operations running. While these relationships can improve efficiency and support business growth, they…
Unexpected liability claims can create significant financial challenges for a business, particularly when the cost of a claim exceeds the limits of an underlying insurance policy. A commercial umbrella policy provides additional…
If your business collects personal information through its website, such as through contact forms, newsletter sign-ups, downloadable resources or cookies, it’s important to understand your responsibilities for protecting that information. The European…
Commercial insurance policies are designed to protect businesses from a wide range of risks, but no policy covers everything. Exclusions identify specific losses, circumstances or types of risk that are not covered…
Even businesses with experienced teams and well-established processes can make mistakes. A missed deadline, incorrect recommendation, or overlooked detail can lead to financial losses for a client—and potentially a claim against your…
When a product recall occurs, the financial impact extends well beyond replacing or repairing a product. The costs of notifying customers, removing products from the market, managing operations, and protecting your company’s…
