Is My Small Business Vulnerable to Cyber Attacks?
Posted: October 4, 2023
October is National Cyber Security Awareness Month. With the increasing prevalence of cybercrime in small businesses, it is crucial to be aware of the risks and take the necessary actions. The following statistics were reported by Small Biz Trends: Nearly 43% of cyber attacks target small and medium-sized businesses. Only 14% of targeted small businesses are prepared to handle cyber attacks. Costs of cybercrime are...
The Importance of Adapting Your Insurance to Your Business Growth
Posted: September 19, 2023
Watching your business prosper and grow can make all your hard work seem worthwhile. As you enjoy your success, it is important to be aware that as your business grows, risk management considerations increase accordingly. You may need to revise your business insurance because of expansion or any of various other factors. How Do Most Businesses Get Started With Insurance Coverage? For most business owners...
Cyber Insurance: Protecting Small Businesses from Social Engineering Fraud
Posted: September 7, 2023
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...
5 Labor Day Lessons on Securing Your Business
Posted: September 4, 2023
The long Labor Day weekend is a time for backyard barbeques and celebrating the holiday with family and friends. It is also an excellent time to review your coverage and ensure you have the following five main types of insurance to help protect your business. Business Owner’s Policy (BOP) Business Owner’s Policies (BOPs) are among the most popular insurance bundles for small business owners. They...
4 Fire Prevention Tips for Your Business
Posted: September 1, 2023
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...