As a business owner, not much seems worse than facing a claim against your business. Having a financially sound and respected insurance carrier, however, can make all the difference during such a stressful time. Knowing that insurance professionals are managing the defense of the claim and that your carrier will be there to fund any settlement or judgment against you is essential
The day-to-day duties of financial professionals are changing rapidly. With more and more solutions available for clients and vast regulatory reform, the role of financial professionals will continue to change.
One way to protect yourself and the additional roles you take on is Errors and Omissions (E&O) insurance with Fiduciary Coverage.
What is E&O Insurance?
E&O Liability Insurance covers the cost of certain legal fees,
A surprising number of claims come from an unexpected source: collapsing chairs. Collapsing chairs are extremely dangerous and often collapse during normal use. Many injuries can occur from a chair collapse, including:
- Heavy bruising
- Smashed fingers
- Broken arms and wrists
- Fractured pelvises
- Severe lacerations
Injuries associated with deteriorating folding chairs may require corrective surgeries, hospitalization and significant recovery times. They are extremely
As technology use continues to integrate into the daily operations of businesses, reports of cyber-attacks are growing. Malware, ransomware, phishing and other breaches are becoming common place for small business owners. As a business owner, you have a responsibility to protect your business records and your customers’ personal information. Prevent a cyber-attack with these five tips:
- Enforce a password policy
Password policies are
Leaders make daily decisions that impact the success of your non-profit. As a leader, these members are expected to accept the same guidelines and duties that the heads of major corporations follow: the duties of diligence, loyalty and care.
Despite training and having the best interests of the non-profit at heart, mistakes can happen. When errors occur, volunteers, employees and even outsiders may
As a small business owner, insurance can be confusing, time consuming and expensive. At Lockton Affinity, we strive to make it as simple and affordable as possible.
With the coverage you need as a small business owner, you will likely have to select insurance limits for some of your insurance policies. First, you will need a basic understanding of what an
At Lockton Affinity, we strive to provide our customers an exceptional insurance experience through complete coverage, personal service and risk management resources. Like insurance coverage, risk management tips for fitness professionals are designed to help keep you, your career and your clients safe.
Risk Management Tips for Fitness Professionals
You likely have your clients’ best interests at heart. Unfortunately, today’s society is very
Sometimes, good lawyers can make mistakes. Whether a signature gets missed on a critical document or the wrong procedure is followed for an appeal, mistakes can happen. Unfortunately, malpractice claims – both legitimate and not – can happen to you, despite your years of experience.
In the event a claim is filed against you for the services or advice you provided, follow these
Whether you own an antique store, law firm, or any other type of the millions of small businesses, you face many risks each and every day. These risks typically fall into four categories—customers, income, employees and property.
Unfortunately, these risks can become real life claims in no time at all. In fact, a study by The Hartford found that 40% of small
Whether you are a CPA, an investment advisor or a banking professional, you are at risk of being sued for the services you provide. From disgruntled clients to fiduciary liability or even typos, you’ll want the right coverage in place to protect you and your career. While you hope to never be sued, it is important to know how to report a