Business Insurance
Why 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 MoreThe recent collapse of the Francis Scott Key Bridge in Baltimore has sent shockwaves through the local and regional business communities, presenting unforeseen challenges and prompting a reevaluation of risk and recovery strategies. As we delve into the repercussions of this disaster, it’s crucial for business owners to understand the broader impacts on infrastructure, supply…
Read MoreWhy and how can this disaster affect your business operations and costs to do with risk management? The recent Baltimore Bridge collapse has had a profound impact on various industries, emphasizing the critical need for robust Ocean Cargo and Stock Throughput insurance strategies. This disaster highlights the vulnerabilities in our infrastructure and logistics networks, affecting…
Read MoreIf your business is faced with a temporary closure or interruption of operations, does your insurance policy provide coverage? Chances are, it doesn’t. Business interruption (BI) insurance is a specialized add-on policy that covers the financial losses a company experiences due to an unexpected event. Read on to learn more about BI insurance and how…
Read MoreMulti-factor authentication (MFA) is a security process that requires users to respond to requests to verify their identities before they can access networks or other online applications. MFA may use knowledge, possession of physical objects, or geographic or network locations to confirm identity. Why is multi-factor authentication needed? As organizations digitize operations and take on…
Read MoreConcern for cybercrime has increased 62% in the past year. Over 41,600 incidents and 2,013 confirmed data breaches were investigated by Verizon and its partners in the past year. The numbers paint a dark picture of the growing threat to businesses of all sizes – concern for cybercrime has increased 62 percent in the past…
Read MoreProduct Liability insurance can help protect you if your business faces a lawsuit from the fallout that occurs in the event your product causes injury or other damage to third parties, even if a product is used incorrectly. Product Liability insurance isn’t just for companies that manufacture products. Any company that sells, distributes or designs…
Read MoreProduct Recall Insurance is one of the most important insurance policies that companies who put products into the global stream of commerce should purchase. While most large organizations purchase the insurance, many other businesses do not. The risk of a product recall has increased exponentially. Stricter global regulatory standards have increased in number, and new…
Read MoreAccording to the FDA, nearly 30 product recalls occur every week in the U.S. on average. Recalling, replacing or destroying a consumer product can incur substantial long-term reputational and financial costs for your business. Not only that, news of a product recall spreads like wildfire on social media, so having a product recall policy with…
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