Thursday, March 21, 2019FAILURE TO OFFER FLOOD, FAILURE TO OFFER ADEQUATE LIMITS, FAILURE TO OFFER EXCESS, FAILURE TO EXPLAIN COVERAGE…We write about this each year so insurance agencies can understand why you have an insured decline coverage. Most Americans live or work in areas that have some risk of flooding. READ MORE >>
Friday, March 8, 2019Running your insurance agency means working with a lot of different people. You might have multiple partners that provide you your policy packages. You also deal with clients daily. All these parties expect professional, polite and responsible service. So, if you fail in that duty, you might face claims of libel are slander. READ MORE >>
Wednesday, February 6, 2019In your agency, you strive to safeguard your private information. However, there’s always a chance that someone could gain access to your systems and steal this data. While cyber liability insurance might help you clean up damage, your goal is to prevent these accidents. READ MORE >>
Friday, January 11, 2019Often, the management hierarchy within your insurance agency varies considerably. The CEO and other officials often have special needs compared to a standard agent. Therefore, they will likely need specific liability insurance. That's because their decisions will have wide-reaching impacts. READ MORE >>
Monday, January 7, 2019How to start out every new year with a plan for your Business! GOALS: 1. Cyber Disaster Plan / You need cyber / data privacy insurance Check out your cyber policy materials and go to your online portal and create your plan with contact information. Do you really think that you will be in the office when a ransom attack would occur? READ MORE >>
Tuesday, December 11, 2018As an insurance agent, you likely understand how important it is to manage the flow of information through the agency. However, that’s a lot of data to manage. So, the chances of a mistake on one of your policies might prove very high at times. READ MORE >>
Tuesday, November 6, 2018As an insurance agent, you have to manage a lot of information. You also probably store most, if not all this information on computer networks. By implementing a backup system, you can reduce the risk of data losses that might compromise security. What can you do to implement these processes? READ MORE >>
Thursday, October 18, 2018This information was intended to be for Labor Day, September 2018, and then guess what happened? Hurricane Florence hit North Carolina and South Carolina with tremendous flooding. Estimated Damages from Florence are $45 billion. READ MORE >>
Monday, October 8, 2018If someone sues your insurance agency, they might name both the agency director in the proceedings. In such a development, both parties might have protection under the business’s liability insurance. Still, directors might face more scrutiny for which they need extra coverage. READ MORE >>
Thursday, September 13, 2018Any professional service provider could make a mistake, and that includes insurance agents. If your agency does something wrong, that could cost clients. As a result, they might want to file a claim on your liability insurance. Professional and clerical errors generally have coverage by errors & omissions (E&O) insurance. READ MORE >>
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