Risk management is an important part of running a professional firm. Unfortunately, professionals can and do make mistakes which can lead to a professional liability claim. There are even situations where you can face an errors and omissions claim when you haven’t done anything wrong.
Professional Liability Insurance coverage can help protect your practice, but only if you understand how your coverage works
Making regular and redundant backups is a simple practice you can implement to help protect against data loss and ensure the continuity of your business.
Regular and redundant backups are designed to provide a dual layer of protection:
Understanding the inner workings of how an insurance policy is written and managed can be helpful whether you’re shopping for new insurance or already have coverage in place. In this blog, we’ll walk you through the process your Lockton Affinity policy goes through to give you an idea of what to expect.
From the moment you fill out a contact form, you’re on
Vehicle safety for businesses is a top priority. Every year, preventable accidents claim lives and cause millions of dollars in damages. By applying tried and tested safety standards to the operation of your vehicles, your organization can reduce the risk of accidents and claims.
The Department of Transportation has outlined safety standards for pre-trip and post-trip inspections for commercially
Data encryption is an essential tool that helps protect the confidentiality and privacy of your firm’s sensitive digital information during storage and transmission.
This complex technology automatically scrambles your data to protect it from prying eyes and unscrambles the same data so that you and other authorized parties can work with it.
Encryption works seamlessly in the background every day to secure data, including
Restaurant customers often order a combo meal, since it has everything most people need—entree, side and drink. Packaging a burger, fries and a soda into a combo meal makes a lot of sense, and it’s similar to how a Business Owners Policy (BOP) works in insurance.
A BOP makes it easy to get the standard coverage and limits you need without piecing together
Summer storms can pose a serious risk for businesses with inventory. In 2019, the Congressional Budget Office estimated commercial business damage from summer storms at $9 billion. Your business may be at greater risk if your product is located in vulnerable warehouses or out in the open exposed to the elements.
These weather risks are hard to predict and can affect your inventory