Captive insurance companies were once only for multi-billion-dollar corporations. These days, the times have changed. As business owners’ risk management issues have become more complicated than ever, more mid-size businesses are opting for captive insurance. Find out if a captive company is right for your needs. Why use a captive insurance company?A captive insurance company […]

Who is This Article for?This article is for contractors who have bid on public works projects (generally under $5 million) and are interested in larger projects Most contractors who work in the public sector will eventually reach a point where they look longingly at the coming bids list, wondering how they could qualify for the […]

Recent trends have seen home-based businesses on the rise. It is tempting to start a business from your home. It’s easy to get to work, and you can have an office in seconds. Although there are many benefits to having a home-based business, insurance can be a problem. Many home-based business owners assume that their […]

Recently, I started a company and needed liability insurance in order to be covered for the Australian government contract that I wanted. While I love the internet and it allows me to search for and buy insurance, it is nearly impossible to compare business coverage online. This is a problem that I found in both […]

Basic 101: Errors & OmissionsBasic 101 of Professional InsuranceBasic 101 on Malpractice Insurance Let’s start with the basics. Most of the above insurance coverage is the same. All terms refer to liability coverage. This covers a person or business that makes an error in providing its services to its customers (patients for medical malpractice insurance). […]

One of the most important insurance coverages for any small business – and especially for independent IT project managers – is errors and omissions (E&O) coverage. Many small-sized technology companies don’t understand what this coverage includes and how it differs to other types of insurance policies. Here are answers to some of the most common […]

The trick is to move from survival mode to prosper mode. It is important to avoid any of the seven sinkholes which can cause a business to fail while charting this course. Patricia Schaefer lists these in her book, “The Seven Pitfalls of Business Failure and how to Avoid them,” as follows: 1. Start a […]

Your internet marketing strategy should include insurance. It’s not always a formula or an equation. But it is the way you present your information. It is your brand and your identifier. It is why your marketing succeeds and others fail. Insurance is what you decide for yourself. It is your responsibility to make it happen. […]

You may have clients who require you to be insured if you work in management consulting. You might be a freelancer or a small business with only a few employees. You might wonder if all this coverage will ever be used. If the client insists on it, you’ll need professional liability insurance to get the […]

Your store is the scene of a customer falling in an aisle. A man claims that he discovered a piece of glass inside the jar of salsa he bought from your store. You are told by a woman that the face cream from your company caused her severe skin inflammation. Your account is hacked by […]