Surety Bonds Built for Your Industry

Posted on November 30, 2020October 7, 2021Categories Surety BondsTags , , , ,

Often, bonds provide a risk transfer option that lowers the overall cost of your risk management plan while covering situations in ways that regular insurance is not built to handle efficiently. That’s why so many industries use a combination of professional surety bonds and targeted insurance coverage. So how do you find a great resource for bonds when your business needs them? It’s easier than you think, because tailor-made bonds are a popular solution in enough industries to make bond … Continue reading “Surety Bonds Built for Your Industry”

What Is Risk Retention?

Posted on November 24, 2020October 7, 2021Categories Risk RetentionTags , , , ,

In business, there will always be a certain amount of risk. Some businesses transfer this risk to a self insurance group to reduce costs and make the financial cost of these risks more predictable. The process of transferring these risks is known as risk retention. What It Does This process of transferring risk to a self insurance company or group protects assets from potential liabilities. For example, if an IT company gets hacked and they have the majority of that … Continue reading “What Is Risk Retention?”

Marketing Insurance on the Internet

Posted on November 18, 2020October 7, 2021Categories Marketing InsuranceTags , , , ,

Modern marketing campaigns leading to long-term success must include digital components. This is true for every sector, including the insurance industry. Effective online insurance marketing involves attention to detail and following many digital best practices. Developing a Digital Strategy A good digital strategy that helps grow your business encompasses many areas. Planning Website design and upkeep Data analysis Building a social media presence Increasing traffic to your website Your online marketing program must be carefully managed through regular development in … Continue reading “Marketing Insurance on the Internet”

Nonprofit Insurance: Protecting You and Your Volunteers

Posted on November 12, 2020October 7, 2021Categories Nonprofit InsuranceTags , , , ,

A nonprofit or other volunteer-drive organization operates differently than a traditional for-profit business in many ways. It is therefore logical that such organizations have different considerations when it comes to liability and insurance. Owners of these organizations need to not only obtain insurance coverages for volunteers, but also coverage for the company in case of liability resulting from a volunteer’s actions. Protection for Your Volunteers Normally, workers’ compensation protects companies should their employees suffer an accident or injury while on … Continue reading “Nonprofit Insurance: Protecting You and Your Volunteers”

Stay Protected With Flood Insurance Options

Posted on November 5, 2020October 7, 2021Categories Flood InsuranceTags , , , ,

Forces of nature can be frightening to face. When you rent your home, you may wonder what protections are in place in the event of a powerful storm or similar natural disaster. While your landlord might have some insurance coverage, it may not include your possessions or protect you from any loss. Thankfully, renter insurance for floods and other circumstances can be the perfect shield. Consider these points to learn more. Standard Points To Consider Tenants should know a few … Continue reading “Stay Protected With Flood Insurance Options”