Insurance Blog

Please read and comment on our blog about a wide variety of insurance topics. Please feel free to ask us any questions.

 

October 10th, 2017 by Worldwide Risk Management, Inc.

The Growing Importance of Cyber Liability Insurance

In the 21st Century, technology is vital to conducting business. However, the same technology your business relies on can also leave it vulnerable to costly security threats. Cybercrime is big business and becoming increasingly more sophisticated with advances in technology. No one is safe from cybercrime – neither individuals, nor small businesses, nor the largest corporations. Cyber liability insurance can help protect your business from... Read Article

Business Owners Package Insurance: What You Should Know

Many small to medium sized businesses can get business owners package insurance (often called “BOP”), which simplifies the entire insurance coverage problem. A business owner package insurance policy is more affordable, as there are several forms of insurance in one “package.” All business owners have concerns about staying protected against financial losses, and for good reason. It is impossible to know what the future will... Read Article

How Small Businesses Can Avoid Insurance Mistakes

It takes hard work, dedication, creativity, and tenacity to get a small business up and running successfully, and it makes sense to have the right insurance coverage in place to protect it. In fact, purchasing business insurance may be one of the most important decisions you make. The right coverage can help prevent unforeseen events from ruining all you have worked so hard to build.... Read Article

How to Properly Insure Your Employees

Are the employees of your business properly insured? Unforeseen circumstances, such as dangerous weather systems, earthquakes, fires, nasty accidents or the death or incapacitation of a key person can be extremely costly. As a business grows and changes, adds more staff, or expands facilities, insurance needs will change. Every year, business owners should get a full review of their current business insurances and employee insurances. Key personnel... Read Article

Prevent Cyber Crime from Happening to Your Business

As a business person, you are naturally concerned with making your business immune to cybercrime exposure, and with good reason. According to an article on CNBC, cybercrime cost the global economy $450 billion in 2016. Prevention is your best line of defense against cyber criminals. You will want an IT security expert to assess your company’s current vulnerabilities and needs. In addition, there are certain... Read Article