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How AI and Automation Are Changing Business Insurance Needs

Mark Jackson Insurance Agency

Robotic hand pointing to digital designs by Tara Winstead Artificial intelligence (AI) and automation are transforming industries across the board, and business insurance is no exception. As these advancements become more prevalent, companies should understand how they affect insurance and liability concerns.

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Essential Business Insurance Guide: Safeguarding Your Property From Cyber Threats

Protect Commercial Insurance

Welcome to our comprehensive guide on essential business insurance. As a business owner, it is crucial to protect your empire from various risks and threats that can potentially disrupt your operations and financial stability.

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The latest reports from FBI and ITRC reveal that cyber incidents in 2023 broke records for financial loss and frequency.

Triple-I: Business Insurance

Email compromise, cryptocurrency fraud, and ransomware increase In addition to record-high financial losses from cybercrimes overall in 2023, the report revealed trends across crime methodology and targets. Meanwhile, supply-chain attacks increased, and weak notification frameworks further increased cyber risk for all stakeholders.

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Top 6 Insurance Policies Every IT Business in California Should Have

Jackson & Jackson

Here are the top 6 insurance policies every IT business in California should have to safeguard their operations. Professional Liability Insurance (Errors & Omissions Insurance) For IT consultants, developers, or tech startups, mistakes can happen. One oversight could lead to costly lawsuits.

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Commercial Insurance and Protection of Business Property

Paragon Independent Insurance Agencies

Commercial insurance is vital for protecting business property, assets, and operations from various risks and liabilities around Plano, TX. Commercial Insurance Information Commercial insurance consists of policies to safeguard businesses when financial losses are inevitable.

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E&O vs. EPLI: What Coverage Do Your Clients Need?

ProWriters

Both types of policies involve legal liabilities and are important. But when you help your business clients appreciate the difference between E&O vs. EPLI, you’ll help them effectively manage their risks and ensure adequate protection. Your business clients may ask, “Is E&O the same as Professional Liability?”

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Common Myths About Commercial Insurance Debunked

Protect Commercial Insurance

Long-term Financial Benefits While the upfront cost of commercial insurance might seem high, consider the long-term savings and financial security it provides. Without insurance, your business could face catastrophic financial loss from property damage, theft, or a lawsuit.