Category Archive for : ‘Risk Management’

Successful businesses understand the need to stay flexible in a rapidly changing world. They are built to leverage the strengths of their teams and to think through complicated problems. Yet, in my experience, many of these same businesses don’t apply this same approach to risk management in regards to their Workers Compensation program. If you can, fight the urge to turn away because I said Workers’ Comp. Instead focus on this: Have you ever considered how really successful businesses find a competitive edge and increased profitable through this necessary evil?

The

October is National Cybersecurity Awareness Month. During this yearly event, government and industry leaders come together to raise awareness about the important of cybersecurity across our economy.

“Do your part. #BeCyberSmart.”

This theme was selected to empower both individuals and organizations to take ownership of their unique role in promoting cyber security with the key message being, “If you connect it, protect it.” With more employees working remotely than ever before, and in control of their connections and set up, it’s important to highlight how critical it is for each employee to

Nearly 200 million Americans across 34 states are under a heat-related advisory, including excessive heat warnings. Parts of the country are experiencing triple-digit temperatures, while others are experiencing damaging storms related to extreme heat.

While many of us in New England may rejoice at several days in the 90s, those working outside in the sun must take extra precautions to remain safe. Heat warnings and advisories are issued by the National Weather Service when conditions pose a threat to life or property. An average of 175 Americans are lost to heat

Beyond Quotes

The clients who have built relationships with me over my 20 years in the industry understand that the totality of an insurance professional is more than getting “quotes.” Being a professional in this industry involves learning about my clients and their industries, planning, collaborating, educating, mitigating, challenging decision-makers to help provide clarity to risk decisions, advocating, and simplifying. Yes, simplifying: simplifying the insurance process, the risk reduction process, and cutting through the red-tape and confusion that exists within the insurance industry. 

Even still, after talking with an executive committee or

As I navigate cautiously through the first month of 2021, testing that my footing is secure and that the path ahead is still the right way forward, I’m reminded of some of the lessons I’ve learned from the many businesses I work with over the past twelve months. Lessons about creativity. Lessons about strength in teamwork. Lessons about flexibility and determination.

Luckily, the team I work with hit the ground running. You know the story – our coworkers are now our kids, we are now teachers, and meal preppers, along with

Do you know and understand your business and its operations? Of course you do. Does your insurance company know and understand your business and its operations? That depends on you and your insurance agent.  A powerful tool to help you educate the insurance marketplace is a risk assessment.  A risk assessment is a series of questions that pertain to a variety of areas of risk in your business. Businesses typically only go through a risk assessment when they start the business or when they change insurance carriers. However, some businesses

From an insurance and risk management standpoint, what snow and ice contractors cannot do enough of is document, document, and document. This unexpected, yet critical contractor tool In this highly litigious society we are living in it has never been more important to keep track of all the information you can. Recently insurance carriers have moved to much stricter guidelines when underwriting potential businesses.  They now require certain documentation, such as logbooks. Lack of documentation will cause insurance carriers to offer higher premiums or decline coverage altogether. Proper documentation will

Accidents happen. No matter how careful you are. No matter how many safety meetings you have. No matter how many safety modules you make your employees watch, accidents can and will happen. This is the reason you have workers’ compensation insurance. This insurance pays an employee’s wages and medical bills if they are injured at work. Work comp is a great benefit, but it’s not perfect. There are things you, as an employer, can do to get the most out of your workers’ compensation coverage.

When An Injury Occurs

When an employee

What is employment practices liability insurance?

Known in the insurance industry as EPLI, employee practices liability insurance provides coverage to employers against claims made by employees alleging discrimination (based on sex, race, age or disability, for example), wrongful termination, harassment and other employment-related issues.

A risk that impacts everyone!

Business leaders make decisions each day on a range of issues including things like hiring, firing, compensation, promotions and the work environment. Every one of these decisions impacts your employees and, depending on the outcome, could result in a claim related to wrongful employment

If your organization handles critical assets such as customers’ personal data, intellectual property or proprietary corporate data, you are at risk of a data breach. It doesn’t matter if you are a Fortune 500 company or a small “ma & pa” shop—cyber thieves are always looking for their next score. It is often assumed that smaller businesses can escape attention from cyber crooks, but according to industry experts, an increasing number of data breaches are occurring at companies with fewer than 100 employees. No company of any size is completely