3 Ways to Save Money With Captive Insurance

Posted on February 26, 2021October 7, 2021Categories Captive InsuranceTags , , , ,

Over the years, many large companies operate as captive insurance companies and improving the cost of maintaining adequate coverage. However, now, even small businesses can benefit from captive insurance and risk management. Here are three ways to save money with captive insurance and manage potential uncertainties within your organization. 1. Avoid Price Markups In a traditional market, captive insurance coverage is significantly increased to offset administration and overhead expenses. However, captive risk management can help reduce these additional costs by … Continue reading “3 Ways to Save Money With Captive Insurance”

Top 4 Ways Your Small Business Can Save Money

Posted on January 11, 2021October 7, 2021Categories Small BusinessTags , , , ,

Small business owners need a bag of tricks filled with various skills. One of the most valuable of those skills is learning to be thrifty. Making money isn’t just about profit, it’s also about controlling expenses. Here are four places your small business can save money in the new year. Advertising Expenses You need customers to know where to find you, but that doesn’t mean traditional advertisements such as costly billboards and newspaper ads are the only way to go. … Continue reading “Top 4 Ways Your Small Business Can Save Money”

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”

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”