The Impact of Food Inflation on Business Insurance Needs

The Impact of Food Inflation on Business Insurance Needs

December 23, 2024

Food inflation continues to be a major challenge for the food industry, with rising costs creating ripple effects across the global supply chain. For executives in food importing, exporting, and manufacturing, the challenge isn’t just managing higher expenses but also ensuring business insurance coverage keeps pace with these changes. Whether it’s inventory replacement, operational costs,…

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The Role of Pollution Liability Insurance in Food Production

The Role of Pollution Liability Insurance in Food Production

December 16, 2024

Executives in the food importing and exporting business face an increasingly complex landscape of regulations, operational risks, and sustainability demands. Amid these challenges, Pollution Liability Insurance emerges as a critical safeguard, helping businesses manage environmental risks and protect their financial stability. This article explores how Pollution Liability Insurance supports food production businesses in navigating environmental…

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Business Interruption Insurance for Food Businesses in Natural Disasters

Business Interruption Insurance: Protect Food Businesses During Disasters

December 5, 2024

Natural disasters are an ever-present threat, with their frequency and intensity increasing due to climate change. For food businesses, these events can spell catastrophe, disrupting operations, halting supply chains, and jeopardizing financial stability. Weather events, such as Hurricanes Helene and Milton, Tropical Storm Debby, and the December Nor’easter, have caused widespread damage across the East…

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Product Recalls on the Rise: How to Protect Your Business

Product Recalls on the Rise: How to Protect Your Business

December 2, 2024

As supply chains grow more complex and consumer safety regulations tighten, product recalls are on the rise across the globe. For executives in the food industry, these recalls are more than just logistical hurdles—they pose significant financial and reputational risks that can disrupt operations and erode trust. This article explores food recall trends, how product…

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Managing Risk with Ocean Cargo and Stock Throughput Insurance

Managing Risk with Ocean Cargo and Stock Throughput Insurance

November 21, 2024

Food distributors importing and exporting perishables face unique challenges, from transit delays to spoilage and even theft. When these issues arise, they can severely impact business operations and profitability. Ocean cargo insurance and stock throughput insurance (STP) offer essential risk management solutions for food distributors, ensuring comprehensive protection across the supply chain. This article delves…

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Trade Credit Insurance: A Key Protection for Food Import and Export Businesses

Trade Credit Insurance: A Key Protection for Food Import and Export Businesses

November 18, 2024

Trade credit insurance for food distributors serves as key protection for food businesses, acting as a type of accounts receivable insurance that safeguards against non-payment by clients. It helps companies manage cash flow with greater confidence and stability. For executives in the food import and export business, trade credit insurance can mean the difference between…

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How Can You Prevent Social Engineering Attacks?

How Can You Prevent Social Engineering Attacks?

November 14, 2024

Businesses and individuals face growing risks from social engineering attacks. These schemes exploit human psychology rather than technological vulnerabilities, manipulating people into divulging sensitive information or performing unauthorized actions. For business owners, and individuals alike, understanding how to prevent social engineering attacks is crucial to safeguarding financial and operational security. This article explores practical strategies…

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Understanding Social Engineering Fraud: Key Risks and Insurance Solutions

Understanding Social Engineering Fraud: Key Risks and Insurance Solutions

November 12, 2024

Social engineering fraud is a pressing issue that impacts businesses, individuals, and industries on a global scale. Fraudsters use deception and manipulation to exploit human vulnerabilities, often resulting in significant financial losses. Social Engineering Fraud Insurance (SEFI) has emerged as a critical tool for mitigating these risks, providing a safety net against the ever-evolving threat…

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What is Social Engineering Fraud Insurance?

What is Social Engineering Fraud Insurance?

November 7, 2024

In today’s world, businesses face evolving risks, including financial fraud schemes that target human error rather than technical systems. One of the most common and damaging forms of these schemes is social engineering fraud. This article breaks down what social engineering fraud is, its impact on businesses, and the role of Social Engineering Fraud Insurance…

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Essential Insurance for Food Business Stability in an Unpredictable Market

Insurance for Food Business Stability in an Unpredictable Market

November 4, 2024

In today’s unstable environment, the food industry faces unique and complex risks. From the impacts of climate change and extreme weather to unpredictable geopolitical events and economic fluctuations, the market has become increasingly challenging for executives managing food importing and exporting businesses. With so much unpredictability, having the right essential insurance for food business stability…

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Coughlin Insurance Services, Inc.
178 Myrtle Boulevard, Floor 2, Larchmont, NY 10538
Toll Free : (800) 542-0661
Tel: (914) 834-1234 Tel: (212) 593-0200

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