Our company was approached by a potential client a few weeks ago to obtain Intellectual Property Insurance. Although he didn’t fully understand the coverage, he demanded that a policy be issued as soon as possible. There were some red flags raised by this. After further discussion, it became apparent that his software company was being […]
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Geico was founded in 1936 during the Great Depression. It currently holds 13.78% of the private passenger car insurance market. Geico was founded by government employees and military personnel. Today, Geico serves customers from all walks of life. Geico is a specialist in auto, home, and business insurance. Safe Auto, a relatively young company, was founded in 1993 […]
Insurance is necessary to protect your business from financial losses, no matter how large or small, such as theft, litigation, natural disasters, and liability. Although business owners understand the importance of insurance today, many fail in their efforts to plan and insure their businesses. It is important for business owners to ensure that their company […]
Houses of Worship are united in their mission to support worshipers and help them with faith matters. Facilities can be closed suddenly due to unanticipated calamities, despite the importance of the institution. How can members of a church, mosque, or synagogue protect themselves against loss, other than prayer? Tailored insurance coverage is an absolute necessity. […]
Small businesses that are run from their home often overlook the need to have commercial insurance because of the low revenues they generate. Your profit is not always indicative of your risk exposure. It’s actually the small businesses that have the lowest revenues and the least resources to cover damages that can most benefit from […]
For any kind of accident or problem that may occur, it’s important to have the appropriate insurance policies for the building. The proper coverage for your building and all materials will be provided by a builders risk insurance policy. This policy covers only the building and its components as they are built. Structures that are […]
Insurance companies that offer restaurant insurance can provide endorsements tailored specifically to the restaurant industry. Many endorsements include the term “Food Contamination”. The policy provisions can be closely examined to see that the first party coverage (your property, your income) for food poisoning may vary from one insurance carrier. Many policies will not cover first […]
Do you own a small business or a mid-sized one? You should consider how much capital and other expenses you spend to build your business. Many small and medium-sized businesses don’t have enough financial support. They invest what little they have in working capital and purchasing raw materials. They must protect their investments. Insurance is […]
Marketing will save you from the povertyhouse, while compliance will keep your head above water. – Julius Caesar (100BC – 40BC) It is certain that things will be easier and more cooperative for me and you if I tell you upfront that the quote from Julius Caesar above would have been better translated as: “All Gaul […]
These are the excuses professional money managers and risk managers give for not having a hedging plan in place. We are still waiting for additional signals to confirm our suspicions. An article I read stated that the stock market had more upside. We’ll make a decision once the next quarter’s earnings are out. I have […]