As the hurricane season approaches, executives in the food importing and exporting business must prioritize hurricane season preparedness. Ensuring your warehouse is disaster-proof is not only vital for protecting your assets but also for maintaining business continuity. This article covers essential updates and strategies to prepare your warehouse for the upcoming hurricane season. Warehouse Hurricane…
Read MoreIn the competitive world of food importing and exporting, managing legal risks is crucial for maintaining business continuity and financial stability. One emerging solution that is transforming the landscape of liability insurance is litigation funding. This innovative approach provides businesses with the financial support needed to handle legal disputes without straining their resources. In this…
Read MoreThe FBI has recently issued a crucial advisory for businesses in the food sector, emphasizing the need for robust cybersecurity frameworks, regular security audits, and ongoing employee training to recognize phishing attempts and other common cyber threats. As food industry professionals, it is imperative to understand these recommendations and implement effective cybersecurity measures to safeguard…
Read MoreIn the digital age, the food industry, like many others, has embraced technology for efficiency and growth. However, this digital transformation also brings significant cyber risks, including data breaches and system hacks. Recent statistics indicate that cyberattacks in the food and beverage sector have been increasing, with incidents like ransomware attacks rising by over 50%…
Read MoreWhy It’s Critical to Protect You and Your Business In the bustling business environment of New York, staying ahead of risks and challenges is essential for maintaining a successful enterprise. One significant risk area that often requires more attention is employment practices. Employment Practices Liability Insurance (EPLI) offers crucial protection against various employee-related claims, ensuring…
Read MoreWhy It’s Critical to Protect You and Your Business Staying ahead of risks and challenges is essential for maintaining a successful enterprise. One significant risk area that often requires more attention is employment practices. Employment Practices Liability Insurance (EPLI) offers crucial protection against various employee-related claims, ensuring your business can navigate the complexities of modern…
Read MoreIn today’s highly regulated food industry, the occurrence of product recalls is not only disruptive but can also be devastating financially and reputationally. As global supply chains and regulatory frameworks become more complex, the role of product recall insurance in safeguarding businesses is more critical than ever. This article reviews how product recall insurance protects…
Read MoreIn the complex world of international trade, financial stability is not just a goal but a necessity for businesses aiming to thrive in global markets. Trade credit insurance emerges as a critical tool for businesses, particularly within the food industry, providing a safeguard against the financial instability caused by non-payment or delayed payments. This article…
Read MoreThe Essential Role of Ocean Cargo and Stock Throughput Insurance In the intricate, fast-paced food industry, managing the supply chain is a strategic imperative for business continuity and success. This article reviews Ocean Cargo and Stock Throughput Insurance as critical risk management tools within the food industry’s supply chain. Strategic Risk Management in the Food…
Read MoreIn recent years, the auto insurance industry has faced an array of challenges, from an ongoing auto insurance crisis to the dramatic shifts brought on by technological advancements. These developments have fundamentally altered how coverage is priced and provided, presenting both challenges and opportunities for consumers. This article explores how technology is transforming auto insurance,…
Read MoreCoughlin Insurance Services, Inc.
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