Cowbell

OCTOBER 11, 2024

Cybercriminals will often target small businesses that may be scrambling to resume operations and are less likely to be vigilant about cybersecurity in the wake of a disaster. This can add another layer of complexity while trying to limit business interruption.

Cyber 52

Cyber Business Interruption Policyholder Protection 52

Protect Commercial Insurance

JUNE 27, 2024

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.

Commercial Insurance 52

Commercial Insurance Commercial Cyber Business Interruption 52

Risk Management Monitor

MARCH 4, 2022

A wide range of risks are trickling down from Russia’s assault on Ukraine , from sanctions compliance to supply chain disruption to business interruption. That is not to say that there is necessarily cause for panic, simply that the effects of cyber conflict can be unexpected, widespread and potentially severe.

Cyber 56

Cyber Business Interruption Risk Policy 56

Risk Management Monitor

DECEMBER 3, 2021

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.”. Those that do make the connection are on the path to better mitigating financial exposure, reputational damage, business interruption, and other losses.

Risk 45

Risk Building Business Interruption Cyber 45

Protect Commercial Insurance

MAY 30, 2024

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. 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.

Cyber 52

Cyber Business Insurance Business Interruption Professional Liability Insurance 52

ProWriters

OCTOBER 2, 2024

As an insurance broker, you likely recognize that while these technologies drive business operations, they also increase vulnerability to cyber crime, making Cyber Insurance a necessity for your clients. Helping your clients understand cyber risks and Cyber Insurance policy jargon can be challenging.

Insurance Broker 52

Insurance Broker Cyber Broker Protection 52

Insurance Journal

JULY 22, 2024

Delta Air Lines Inc. expects to cancel more flights this week as the carrier tries to recover from a crippling technology outage. The airline canceled more than 800 flights as of Monday afternoon, bringing its total since Friday’s meltdown to …

Business Interruption 287

Business Interruption Cyber 287

Protect Commercial Insurance

MAY 24, 2024

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.

Insurance Policy 52

Insurance Policy Protection Policy Business Interruption 52

Risk Management Monitor

OCTOBER 25, 2022

In other lines of business, as inflation continues to rise and products become harder to get, we can expect to see increased crime activity, with higher value attributed to stolen goods due to shortages and inflation encouraging more employee theft. With rising business pressure, D&O and EPL insurance-related risks also rise.

Risk 40

Risk Business Interruption Insurance Insurer 40

Prof. Allan Manning

MARCH 5, 2024

I read this morning that the NSW Fire and Rescue have today reported that there have been 45 fires directly related to lithium batteries since the beginning of the 2024 year. Sadly also two people have lost their lives in the fires and possibly a third yet to be confirmed.

Risk 130

Risk Business Interruption Casualty Insurance Property Insurance 130

Jackson & Jackson

MAY 22, 2024

Additionally, it can provide coverage for business interruption, tenant improvements, and liability claims arising from third-party injuries or property damage on the premises. For instance, a policy might cover repairing or replacing a roof damaged by a storm or the value of stolen office equipment.

Property Insurance 52

Property Insurance Commercial Property Commercial Broker-Agent 52

Jackson & Jackson

MAY 23, 2024

For example, businesses in California’s earthquake-prone areas may consider adding earthquake insurance to their policy to protect their property from potential damage. Companies that rely heavily on technology and data storage may also benefit from cyber liability insurance to safeguard against data breaches and cyberattacks.

Small Business Insurance 52

Small Business Insurance Business Insurance Insurance Insurer 52