The Evolution of Risk Management
It is said that the first acts of risk analysis were performed in caves by early humans playing games with dice and bones. With gaming came the implicit concept of odds making, and soon the human lexicon included references to risk, reward, fortuity, and loss. Early astronomers observed what seemed to be the random appearances…Read More
How to Protect Your Business Auto Insurance Rates
When determining which of your employees should have access to a company vehicle, it’s important to consider the effect these individuals could have on your business auto insurance policies. At-fault accidents are the most common cause of premium increases on auto policies, and most accidents are caused by driver error, according to a 2021 study.…Read More
What Commercial Insurance Policy Does My Business Need?
Commercial insurance is far from one-size-fits-all, but there are exposures that nearly every business has in common. Whether you’re an accounting firm or a web engineering company, have a “solopreneur” space, or a multi-story building filled with hundreds of employees, understanding your company’s exposure plays a key role in effectively protecting your business. In this…Read More
The Impact of Inflation on Commercial Property Insurance
One of the primary purposes of commercial insurance is to shift the exposure of financial loss to the insurance company, freeing up other funds for investment back into your business. While you can’t control inflation, you can take charge of your financial protection by analyzing your current building limit and ensuring that the limit is…Read More