Workers Comp audits can be Confusing, Time Consuming, and a Distraction from running your business. Why do you have to complete the audit anyway? How can you avoid the time suck of workers comp audits while remaining compliant with your…
Growing Your Business while Dealing with Economic Uncertainty There are a few things going on in the world right now. You might have heard of a few of them: inflation, geopolitical unrest, midterm elections, the stock market facing a correction…
Business Continuity. Disaster Recovery. Emergency Response. These are terms thrown around casually in the world of insurance and risk management, but what do they actually mean? And where can you get started?
Contracts between two companies often include the transfer of risk from one party to another under various conditions. A clause that can come up in the indemnification portion of a contract is regarding the issue of Sole Negligence. We’ll go…
Total Cost of Risk is a framework to approach your risk management program. You’re probably aware of how your insurance premiums, administrative costs, and the losses you retain affect your bottom line. But what other factors should you consider? And…
Once you decide it’s time to take your insurance policies to market, the actual process of buying insurance can be confusing. Today, I’ll give you some insight by reviewing what that process looks like from an agent’s perspective.
Assigning markets is one way some businesses shop their insurance. Assigning markets means that you have several insurance agents take your coverage to assigned insurance carriers. There are Pros & Cons to this approach and I’ll review them here.
What can you expect when you decide it’s time look at buying business insurance? There are 3 Common Traps with Business Insurance and I’ll be going over today how to avoid them. There are a ton of insurance agents out…
What can you expect when you decide it’s time look at buying business insurance? Every agency – and every broker – is a little bit different, but most use no formal process. However, in most cases there are a few…
Buying business insurance can be a daunting task. It’s easy to see the types of policies we have and what we pay for them. But when we look closer, insurance policies are long and complicated legal contracts. We’ve put together…