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U.S. E & O Brokers Blog: insurance

View the latest blog posts from U.S. E & O Brokers.

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Tuesday, December 29, 2020

When E&O Insurance Will and Won’t Apply in an Insurance Agency

You are an insurance agency, so it’s probably obvious to you how important it is for you to do your job correctly. After all, if you make mistakes or fail in your duty, then it could be your client who suffers. They could, often justifiably, blame you for their losses, and they might expect compensation as a result. READ MORE >>

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Wednesday, November 25, 2020

First-Party vs. Third-Party Cyber Liability Insurance

All businesses that operate computer systems need cyber liability insurance. Since most businesses use and store data these days, then this is probably a critical component of your business insurance portfolio. While some policies like your general liability or professional liability coverage might offer supplementary cyber liability insurance, a stand-alone plan is a better benefit. READ MORE >>

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Wednesday, November 11, 2020

Phishing Your Company's Good Name [VIDEO]

Has a phishing scam hooked your company’s good name? Learn how to respond if your business is impersonated in a phishing scam.Video Source: Federal Trade Commission READ MORE >>

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Thursday, November 5, 2020

Scams And Your Small Business: A Guide For Business

If you own a small business or are part of a non-profit organization, you spend a lot of time and effort making sure the organization works well. But when scammers go after your organization, it can hurt your reputation and your bottom line. Your best protection? Learn the signs of scams that target businesses. READ MORE >>

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Wednesday, October 21, 2020

Who Does Directors and Officers Insurance Cover?

Directors and officers insurance is a policy designed to protect the key employees of your business in case of a lawsuit. But who are your key employees? Is everyone covered who needs coverage?   Most of the rime, directors and officers insurance (D&O insurance) covers the corporate directors, officers and managers of a business. READ MORE >>

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Wednesday, August 19, 2020

How Much Does Cyber Liability Insurance Cost for Insurance Agencies?

In an age where nearly all information is held electronically, cyber liability insurance is critical for all businesses. Insurance agencies face a high amount of risk when it comes to electronically stored information, from names and addresses to credit card information. READ MORE >>

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Thursday, July 30, 2020

Employment Practices Liability Endorsement for Insurance Agencies

Along with the other aspects of directors and officers insurance (D&O insurance), employment practices liability is available on most policies. This liability insurance covers claims against the business or a member of the business in regard to certain HR practices.  READ MORE >>

Monday, June 29, 2020

Does Errors and Omissions Insurance Cover Individual Agents?

Errors and omissions insurance (E&O insurance), also known as professional liability, works to protect businesses from claims regarding mistakes made through offered professional services. A large part of every business, especially insurance agencies, are the employees. READ MORE >>

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Monday, June 1, 2020

Ways to Protect Electronically Stored Client Information

Nearly every business operates primarily over the internet. Even businesses that are more physical store and share information electronically. While this makes information quicker and easier to access for employees, it can also make it easier to reach by those with bad intentions. READ MORE >>

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Wednesday, April 22, 2020

Directors and Officers Risks for Insurance Agencies

When handling clients, employees, contracts, personal information and finances, insurance agencies face a great deal of liability risk. Those perhaps the most at risk are the directors and officers advising the business. Directors and officers insurance covers claims against certain supervisors of the business. READ MORE >>

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