Paragon Independent Insurance Agencies

SEPTEMBER 16, 2024

Protection against damage and theft shields you from financial losses that could affect your business sales. Enhance your insurance coverage to shield your business premises, equipment, and stored inventory and buffer yourself from financial losses. In essence, having comprehensive insurance coverage is indispensable.

Commercial Insurance 40

Commercial Insurance Commercial Protection Financial Loss 40

Cowbell

NOVEMBER 1, 2024

How Cybersecurity Impacts Small Businesses For small businesses, a cyberattack can have devastating effects: Financial Loss : Cyberattacks can result in immediate financial damage through stolen funds or extortion demands from ransomware attacks. Businesses may also face costly lawsuits if customer data is compromised.

Cyber 97

Cyber Protection Risk Financial Loss 97

Mark Jackson Insurance Agency

FEBRUARY 18, 2025

If an AI-powered system makes an error that results in financial loss, discrimination, or harm, who is responsible—the business, the software provider, or the AI itself?

Business Insurance 52

Business Insurance Liability Cyber General Liability 52

Jackson & Jackson

NOVEMBER 16, 2024

Professional Liability Insurance protects your business against claims of negligence, errors, or omissions that result in financial losses for your clients. A misconfigured server or software bug might lead to downtime, costing your client thousands of dollars. One oversight could lead to costly lawsuits.

Insurance Policy 52

Insurance Policy Policy General Liability Workers Compensation Insurance 52

ProWriters

NOVEMBER 13, 2024

The CrowdStrike outage highlights the potential for significant financial losses due to downtime. Understand Coverage Limits Businesses must closely examine their Cyber Insurance policies to understand what is covered in the event of an IT outage caused by third-party vendors.

Cyber 98

Cyber Insurer Insured Insurance 98

ProWriters

NOVEMBER 30, 2024

Ascension suffered dangerous disruptions to patient care and significant financial losses. billion operating margin loss. At the same time, as cyber security consultant John Bambenek told SC Media , “many controls … are commonly available to prevent a mouse click from downing an entire healthcare conglomerate.”

Cyber 105

Cyber Protection Financial Loss Broker 105

ProWriters

SEPTEMBER 1, 2024

Analysts and observers expect cyber security threats will persist and increase, as will the risk of extreme financial losses from cyber attacks. Failing to do so jeopardizes not only the data they handle but also their operations, reputation, and continued viability.

Cyber 97

Cyber Liability Insurance Risk Liability 97

ProWriters

OCTOBER 2, 2024

Sure, you’ll need to assess the compromised data and financial losses, but to truly understand the breach and protect against future risks, data breach forensics is essential. When a client experiences a data breach, the first move is obvious—find the entry point and stop the damage. But after the initial response , what’s next?

Cyber 92

Cyber Financial Loss Crime Damage 92

InsuredMine

DECEMBER 26, 2024

This is further compounded by the fact that many of the financial losses caused by these disasters are uninsured, leaving customers, businesses, and governments to pick up the bill. Of this, flooding accounted for approximately $82 billion in damages, yet only $13 billion was covered by insurance, as reported by insurance firm Aon.

Risk 105

Risk Claim Building Financial Loss 105

Frankenmuth Insurance

SEPTEMBER 19, 2024

They can cause significant damage to your property, disrupt your operations, and lead to substantial financial losses. Floods , hurricanes , tornados , and wildfires can be bad news for business. Implement these proactive measures now. Get the right coverage.

Risk 81

Risk Workers Compensation Protection Agents 81

Distinguished

JANUARY 28, 2025

Provide indemnity in case of financial loss or bankruptcy : In the event of a company’s complete financial loss or bankruptcy, management liability insurance can provide indemnity to directors and officers.

Liability Insurance 52

Liability Insurance Liability Broker-Agent Insurer 52

Distinguished

JANUARY 28, 2025

Provide indemnity in case of financial loss or bankruptcy : In the event of a company’s complete financial loss or bankruptcy, management liability insurance can provide indemnity to directors and officers.

Liability Insurance 52

Liability Insurance Liability Broker-Agent Insurer 52

Paragon Independent Insurance Agencies

DECEMBER 16, 2024

Protection From Financial Losses Dealing with business interruptions, disruptions, legal fees, and data breaches can quickly accumulate costs.

Commercial Property 40

Commercial Property Liability Insurance Cyber Liability 40

Paragon Independent Insurance Agencies

MAY 27, 2024

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

Commercial Insurance 40

Commercial Insurance Commercial Protection Business Interruption 40

Jackson & Jackson

APRIL 10, 2024

Business Interruption Insurance Unexpected events can disrupt your operations, leading to significant financial loss. This can include everything from a customer slipping on a wet floor to a faulty product causing harm.

Commercial Property 52

Commercial Property Commercial Business Interruption Out-Of-Pocket Expense 52

Cowbell

AUGUST 6, 2024

The aftermath of a social engineering attack can be devastating and result in financial loss, data breaches, malware infections, identity theft, operational disruption, reputational damage, and more. So, how do you prevent and protect yourself from these attacks?

Financial Loss 52

Financial Loss Cyber Theft Risk 52

Property Insurance Centre

OCTOBER 18, 2024

Flooding, storm damage, and subsidence were major contributors to these claims, with homeowners and businesses alike suffering significant financial losses​ CityAM AXA UK home page The Growing Cost of Flood Damage Flooding continues to be one of the most significant risks facing UK property owners.

Property Insurance 52

Property Insurance Premium Insurer Insured 52

Neilson Marketing Services

OCTOBER 2, 2024

A single breach could lead to devastating consequences, including financial losses, legal liabilities, damage to your reputation, and the potential loss of client trust. For businesses in the insurance sector, which handles vast amounts of sensitive client data, this threat is especially menacing.

Cyber 104

Cyber Damage Protection Financial Loss 104

Distinguished

JULY 22, 2024

In the case of a catastrophic loss, art pieces worth thousands of dollars would only be covered up to that low per-item limit, leaving the collector with significant financial losses. For instance, many homeowners policies will insure collectible items only up to a certain amount per item, which could be as low as $200 each.

Insurer 52

Insurer Insured Insurance Policy 52

Distinguished

OCTOBER 15, 2024

Financial Interest and Named Insureds In a typical Builder’s Risk policy , the named insured is the entity that has a financial interest in the construction project. This could be the contractor, developer, or property owner, depending on who stands to suffer a financial loss if the property is damaged during construction.

Policy 52

Policy Risk Broker-Agent Liability 52

Protect Commercial Insurance

MAY 24, 2024

This policy can help cover the costs of notifying affected individuals, legal fees, public relations efforts, and even potential financial losses resulting from the breach. Cyber liability insurance provides coverage for expenses related to data breaches, cyberattacks, and other cyber incidents.

Insurance Policy 52

Insurance Policy Protection Policy Business Interruption 52

Hunton Andrews Kurth

APRIL 26, 2022

Specifically, SAB 121 asserts that a company is subject to “significant increased risks… including an increased risk of financial loss” when that company controls the cryptographic keys associated with a user’s digital assets.

Liability 52

Liability Risk Financial Loss 52

TGS

OCTOBER 3, 2023

You can always ask your insurance agent to clarify what perils, or causes of financial loss , are covered by your policy and fall under the All Perils deductible. Coverage: Section II When someone is injured or suffers damage to their belongings while on your property, you are responsible for paying for their financial losses.

Insurance Quotes 52

Insurance Quotes Deductible Home Insurance Out-Of-Pocket 52

Cowbell

DECEMBER 20, 2024

Effectively managing threats to employees is crucial, as an attack on an individual employee or family member is a potential vulnerability and attack surface for your organization that can result in reputational damage, IP theft, and financial loss. An employees digital footprint can present a significant risk.

Protection 52

Protection Cyber Risk Theft 52

Cover4LetProperty

OCTOBER 1, 2024

While it’s not included in every policy and if often an add-on to legal protection insurance (see above), it’s may be a valuable option if you want to protect yourself from potential financial losses due to tenant non-payment. How much does landlord insurance cost?

Insurer 60

Insurer Insured Insurance Injury 60

Protect Commercial Insurance

SEPTEMBER 6, 2024

Companies of all sizes are increasingly targeted by cybercriminals, and the consequences can be devastating—from financial losses to reputational damage. The Rise of Cyber Insurance As cyber threats become more sophisticated and frequent, the demand for cyber insurance has skyrocketed.

Commercial Insurance 52

Commercial Insurance Commercial Cyber Insurer 52

ProWriters

MAY 28, 2024

Ransomware attacks, phishing scams, and other types of cyber attacks can result in data breaches and other incidents that cause financial loss, reputational harm, and legal consequences. Contractors in the construction industry are not immune to cyber attacks. Cyber Insurance for contractors is an essential safety net.

Cyber 52

Cyber Business Interruption Insurer Insured 52

ProWriters

FEBRUARY 19, 2024

million , reflecting the immediate financial losses these incidents can inflict. Recent statistics highlight the severity of cyber attacks in the retail sector. For instance, the industry’s average data breach in 2022 was $3.28

Cyber 52

Cyber Insurer Insured Insurance 52

ProWriters

APRIL 3, 2024

Coverage of claims made by third parties who suffer financial losses due to the insured’s actions. In carrying E&O Insurance, professionals demonstrate they’re willing to take financial responsibility for any errors or omissions that may occur. Coverage of settlements or judgments awarded against the insured.

Liability 52

Liability Cyber Property Damage Claim 52

Distinguished

SEPTEMBER 17, 2024

It’s important to monitor results and get ahead of future threats, and this can help minimize financial losses. It is important our online platform has the right guardrails to ensure proper risk selection, mitigating the acceptance of unsuitable risks that could result in unnecessary losses.

Risk 52

Risk Broker-Agent Deductible Insurer 52

Protect Commercial Insurance

MAY 30, 2024

Key Person Insurance Key person insurance, also known as key employee insurance or key man insurance, is a type of life insurance that protects your business from financial losses resulting from the death or disability of a key employee.

Cyber 52

Cyber Business Insurance Business Interruption Professional Liability Insurance 52

TGS

OCTOBER 17, 2023

Discuss Your Policy Without Hurting Your Insurance Score Did you know that it counts against your insurance score to report a financial loss, even if you decide not to file an insurance claim? If you call a captive agent to ask about whether or not a recent loss would be covered under your policy, that counts as a reported loss!

Insurance Agents 52

Insurance Agents Insurance Agent Agents Insurer 52

Property Insurance Centre

JANUARY 16, 2025

From the catastrophic floods in Carlisle in 2005 to the more recent deluge in London in 2021, businesses in flood-prone areas have faced disruption, financial losses, and complex insurance claims.

Commercial 52

Commercial Commercial Property Insurer Insured 52

Protect Commercial Insurance

SEPTEMBER 20, 2024

Suppose a client claims that your advice was negligent, your designs faulty, or your services inadequate, leading them to suffer a financial loss. Professional Indemnity Insurance Professional Indemnity Insurance is especially important for those who offer advice, designs, or professional services as part of their business.

Liability Insurance 52

Liability Insurance Liability Insurer Insured 52

Protect Commercial Insurance

JUNE 27, 2024

Debunking the Myths Myth 1: Importance of Commercial Insurance for Small Businesses Despite their scale, small businesses often operate at higher risks of personal and financial losses. Commercial insurance offers particularly critical protections here.

Commercial Insurance 52

Commercial Insurance Commercial Cyber Business Interruption 52

Property Insurance Centre

JANUARY 30, 2024

This insurance ensures that in the event of unforeseen damages or disasters, the property owners are protected against financial loss and can reconstruct the building to its original state. It safeguards the structural elements, including the walls, flooring, and enduring fixtures and fittings such as fitted kitchens and bathrooms.

Insurer 52

Insurer Insured Insurance Building 52

Protect Commercial Insurance

NOVEMBER 8, 2024

By understanding your policy needs, shopping around, and exploring available discounts, you can effectively manage insurance premiums and keep your business financially secure. It provides protection against a plethora of risks, including property damage, liability claims, theft, and even employee injuries.

Commercial Insurance 52

Commercial Insurance Commercial Premium Deductible 52