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Current Trends in Cyber Insurance: Ransomware

ProWriters

Experts estimated ransomware attacks were hitting businesses every 11 seconds in 2021. As a Cyber Insurance broker, you need to help your business clients understand the dangers ransomware poses, how to defend against them, and why Cyber Insurance is an indispensable part of any sound security strategy.

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Insurance Considerations When Expanding Your Business to a New Location

Mark Jackson Insurance Agency

Brick commercial office building by Binyamin Mellish Expanding your business to a new location is an exciting step toward growth, but it also introduces new risks. From property protection to liability coverage, ensuring your business insurance policies align with your expansion is critical.

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Essential Business Insurance Guide: Safeguarding Your Property From Cyber Threats

Protect Commercial Insurance

In this article, we will explore different types of insurance coverage that can help safeguard your business from property damage, liability claims, cyber threats, and more. Let’s dive in and discover the insurance options that are essential for your business’s protection.

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Protect Your Business: 5 Essential Insurance Policies You Might Be Overlooking

Protect Commercial Insurance

Additionally, general liability insurance typically does not cover claims related to professional services or cyber incidents. That’s why it’s crucial to consider other insurance policies to protect your business comprehensively.

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Restaurant Insurance in Charlotte, North Carolina: A Broker’s Guide

Distinguished

Cyber attacks: Digital systems like payment terminals and booking systems are convenient, but they also open restaurants up to the possibility of expensive data breaches. Key coverages we offer include: Property insurance: Protection for buildings, equipment, and inventory against fire, theft, and natural disasters.

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RIMS Risk Forum India 2021: Building Resilience As COVID, Cyberrisk Top Business Risks

Risk Management Monitor

And cyber risk remained elevated in 2021, with more than 600,000 cybersecurity incidents reported in the first six months of the year alone, according to CERT.”. According to the report, this underscores the imperative to develop robust risk management strategies for both current and emerging risks and to focus on building resilience.

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Common Myths About Commercial Insurance Debunked

Protect Commercial Insurance

Insurance policies such as property, liability, and professional indemnity can provide a crucial safety net, making it essential for businesses of all sizes. Every business that uses technology for storing confidential information, managing data, or even for processing payments is vulnerable to cyber-attacks.