Uncategorized Archives - Lockton Affinity

The Step-by-Step Process of Purchasing Business Insurance from Lockton Affinity

One of the things that can make shopping for business insurance so hard is not knowing what to expect. You hope the company you choose will be easy to work with and offer expertise and coverage when you need it, but it’s not always guaranteed.

At Lockton Affinity, we aim to provide you with best-in-class service for the insurance solutions that meet your

November 3rd, 2021|Uncategorized|

3 Tips for Training Employees on Cybersecurity

Over the last few years, franchise businesses have become a favorite target of cyber criminals. Hackers have stolen password credentials, company records and customer credit card data from thousands of well-known establishments.

Most franchise businesses do not consider themselves at high risk for hackers, but the consequences of a cyber attack are serious. Claims and legal fees routinely cost businesses

November 3rd, 2021|Uncategorized|

A Guide to Switching Insurance

As your business insurance policy comes up for renewal, it’s natural to wonder if you might be able to get a better deal or access better customer service. Perhaps you’re reading this blog, but currently have coverage through someone else.

As a business owner, switching insurance is particularly daunting. Finding coverage that protects your assets and the future of your business at a

October 6th, 2021|Uncategorized|

The Current State of the Cyber Market

Cyber liability insurance protection is key to an effective risk management strategy when you’re a financial professional. But changes are afoot in the cyber insurance marketplace and it could impact your ability to get the coverage you need while it’s still affordable.

Since the beginning of the pandemic, the already elevated rate of cyber crime has exploded. Cyber claims are multiplying, which has

October 6th, 2021|Uncategorized|

5 Secrets to Better Risk Management

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

September 16th, 2021|Uncategorized|

The Journey of Your Insurance Policy

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

September 16th, 2021|Uncategorized|

Summer Storm Risks for Inventory

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

September 16th, 2021|Uncategorized|

Take the Stress out of Cold Stress

Working outdoors can be just as tough on the body during the winter as it is during the summer. While hot weather carries the risk of heat stroke, winter weather can result in cold stress. Cold stress is a condition that occurs when a person’s body can no longer maintain its normal temperature, resulting in serious injuries such as permanent tissue damage

February 10th, 2021|Uncategorized|

Tips for Texting and Emailing Clients for Financial and Legal Professionals

Like most people, many financial and legal professionals are rarely more than arm’s length from their cell phone. Taking a call on the go, pecking out a quick email or sending a text are the lifeblood of modern business communications. Yet email and text communications with clients may pose a substantial exposure. These tips for texting and emailing clients can help you

April 3rd, 2020|Uncategorized|

Developing a Risk Management Program at Your Organization

A successful risk management program can protect your employees, members and volunteers from harm and your organization from associated costs. Because of the program’s importance, your organization’s leadership should hold the responsibility of the risk management program planning.

When implementing a risk management program, consider the following fundamentals:

  • State the reasons for having the program. These objectives will determine the depth and scope
October 11th, 2019|Uncategorized|