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
Employment practices refers to the part of your business that deals with hiring, firing and everyday workplace interactions. Employment practices liability claims alleging workplace discrimination or sexual harassment are increasingly common.
In fact, the restaurant industry experiences more claims of misconduct than any other, according to the Harvard Business Review. With as many as 90% of some workers
Unwanted pests are a common problem for facilities, where insects, rodents and other small animals seek easy access to food, water and shelter. With warmer weather returning, pests may become a problem at your organization.
These pests can be a problem for your organization in more ways than one. Some pests carry diseases which can cause illness to members, guests and volunteers. Others
If your fleet vehicle is totaled or stolen, most insurance will prepare a settlement payment based on the actual cash value (ACV) of the vehicle. In most cases, this regular coverage is enough to cover your loss. But if your fleet vehicle was a newly financed or leased vehicle, you could end up underwater—owing more on a vehicle than your insurance can
If your business offers delivery, pickup or in-home services, your business faces certain risks that other franchises don’t. Having employees that drive for work and company vehicles that need to be serviced and maintained increases your exposure to accidents, claims and liability lawsuits.
One of the ways you can manage this risk exposure is by creating a safe driving program for your company
The importance of multi-factor authentication and password security is critical. Often, it is your best line of defense for protecting all your data, devices and systems from unauthorized access. Unfortunately, many don’t take password security seriously, which makes them especially vulnerable to hackers.
Good password security can help protect you from data breaches, network intrusions, malware and viruses. It can also minimize your
To say things have changed over the last year is a bit of an understatement—change has swept through every industry, including insurance. Many food and beverage clients have been asked to do the impossible—and succeeded, continuing to stay afloat in an often ambiguous and shifting environment.
As a business owner, your focus continues to be your business, ensuring its future and minimizing any
Managing inventory comes with many challenges, including how to reduce inventory damage. Damage to inventory can occur at any point in your processes. Some products are damaged at the time of receiving, others are damaged during handling and storage and some are damaged during shipping. All damages can impact your bottom line, so it’s important to control for this risk.
In many cases,
Cyber attacks against small businesses are increasing each year. Whether you are answering email, storing data files or running a website, your small business faces risks from doing business online.
Most recently, hackers have been focused on stealing money directly from small businesses. Some cyber criminals are using tricks to commit cyber fraud and drain your bank account. Others are using schemes to
Winter weather can have a significant impact on your business operations. You not only have to think about accidents and injuries, but also critical downtime. Every year, it’s estimated that trucking companies lose more than 32 billion vehicle hours and $3 billion in revenue due to weather delays. For any business that needs to be on