December 20, 2024
jdowdinsEmployment Practices Liability Insurance Tips
Tips for EPLI Insurance Buyers Assess your employee handbook and related policies. Ensure you have all appropriate policies in place, including language on discrimination, harassment and retaliation. Implement effective sexual harassment prevention measures (e.g., a zero-tolerance policy and a sexual harassment awareness program), reporting methods and response protocols. Promote diversity, acceptance and inclusion in the […]
December 18, 2024
jdowdinsDirectors & Officers Insurance Tips
Tips for D&O Insurance Buyers Examine your D&O program structure and limits alongside your insurance professionals to ensure they are appropriate and take market conditions and trends into account. Consult insurance brokers, loss control experts and underwriters to gain a better understanding of your D&O exposures and cost drivers in the market. Work with your […]
December 16, 2024
jdowdinsCyber Insurance Tips
Tips for Cyber Insurance Buyers Work with your insurance professionals to understand the different types of cyber coverage available and secure a policy that suits your unique needs. Start renewal conversations early. Take advantage of loss control services offered by insurance carriers to help strengthen your cybersecurity measures. Focus on employee training to prevent cybercrime […]
December 13, 2024
jdowdinsWorkers Comp Insurance Tips
Tips for Workers Comp Insurance Buyers Implement safety and health programs to address common risks, especially when using a loss sensitive workers’ compensation program. Conduct routine safety training for employees of all ages and experience levels. Consider implementing various digital solutions, such as wearable safety technology and AI tools, to help prevent incidents, treat employee […]
December 11, 2024
jdowdinsCommercial Auto Insurance Tips
Tips for Commercial Auto Insurance Buyers Examine your risk management practices relative to your fleet and drivers. Enhance your driver safety programs by implementing or modifying policies on safe driving. Design your driver training programs to fit your needs and your business’s exposures. Establish effective onboarding and educational initiatives for new drivers. Regularly retrain drivers […]
December 9, 2024
jdowdinsCommercial General Liability Insurance Tips
Tips for General Liability Insurance Buyers Work with risk management experts to educate yourself on key market changes affecting your rates and how to respond using loss control measures. Adopt proactive safety and risk management measures to minimize incidents that could lead to lawsuits, such as employee training and stringent safety protocols. Create an active […]
December 4, 2024
jdowdinsCommercial Property Insurance Tips
Tips for Commercial Property Insurance Buyers Conduct a thorough inspection of your commercial property and the surrounding area for specific risk management concerns. Implement additional mitigation measures as needed. Work with insurance professionals to begin the renewal process early. Many commercial property insurers are seeing an increased submission volume. Timely, complete and quality submissions are […]
December 2, 2024
jdowdinsHoliday Shopping Online? Remember These Cybersecurity Tips
Online shopping has made it easier than ever to peruse the wares of various businesses and vendors from the comfort of your own home as you search for the perfect gifts this holiday season. However, conducting transactions over the internet always involves inherent risks, as cybercriminals may be lying in wait. As you check friends […]
October 31, 2024
jdowdinsLower Your Home Insurance Costs By Maintaining Your Roof
Maintaining your roof can save you money, while a roof that is not regularly maintained may lead to difficulty in obtaining coverage. Ways you can prolong the life of your roof: Invest in Maintenance Identify issues early on so that they can be addressed promptly. Look for staining, lifting, cracking, missing or loose shingles, and […]
October 29, 2024
jdowdinsDoes Your Business Have A Safe Parking Lot?
The Importance of Parking Lot Safety Maintaining a safe parking lot is a crucial but often overlooked part of a small business’s risk management plan. A well-maintained parking lot not only helps prevent injuries and minimize liabilities but also contributes to a positive customer experience, a strong reputation and improved employee morale. While safety efforts […]