No matter where your small business is located, you are at risk to experience a natural disaster. Luckily you can complete natural disaster preparation whether you’re in Florida worried about hurricanes, California concerned about wildfires or Texas troubled by tornadoes.
While you hope a natural disaster never impacts your small business, it always pays to be prepared. A few simple steps can help
While most of volunteers or members won’t be doing extremely physical labor for your organization, there are occasions where it can be helpful to think about overexertion prevention.
Overexertion can be caused by a variety of incidents—not just heavy lifting or manual labor. Overexertion can cause disorders of the soft tissue, specifically of the muscles, and may
At Lockton Affinity, we custom tailor, implement and manage insurance solutions for a wide variety of industries. Along with customized insurance programs, we provide risk management resources, too.
Find your industry below to browse risk management tips that apply to you and your organization.
Franchise Systems
If you use vehicles as part of your business operations, a commercial auto policy should be included in your insurance program. Commercial Auto insurance provides coverage for vehicles in the event they incur physical damage, cause physical damage or bodily injury to others.
If appropriate, you may also need non-owned auto coverage, which protects from claims for damages involving bodily injury or property
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.
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:
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:
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