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risk management

Turn Flash mob Fun into Holiday Crime

Flash mob — a group organized through social media to suddenly assemble in a public place. This holiday season retailers should be alerted for a potential risks posed by criminal “flash mobs” that might suddenly swarm stores to steal merchandise during the shopping season. In a statement, Marsh (NY) noted that thieves that take advantage of flash mob techniques to organize and overwhelm stores present a risk: 10% of retailers surveyed by the National Retail Federation this summer reported being victimized by at least one criminal flash mob event over the previous 12 months, with the occurrences often resulting in… Read More »Turn Flash mob Fun into Holiday Crime

Eleven Cybersecurity Tips for Small Businesses

Broadband and information technology are powerful factors in small businesses reaching new markets and increasing productivity and efficiency. However, businesses need cybersecurity tools and tactics to protect themselves, their customers, and their data from growing cyber threats. Here are ten key cybersecuritytips for businesses to protect themselves: 1. Train employees in security principles Establish basic security practices to protect sensitive business information and communicate them to all employees on a regular basis. Establish rules of behavior describing how to handle and protect customer information and other vital data. Clearly detail the penalties for violating business cybersecurity 2. Protect information, computers and… Read More »Eleven Cybersecurity Tips for Small Businesses

CONTRACTS: TURN PAIN TO GAIN

Use contracts to effectively manage working relationships and protect your business interests. If hearing the word “contracts” makes you groan, you’re not alone. Many small business owners – particularly Specialty Trade Contractors – have told us that contracts and their impact on insurance are, to put it bluntly, a pain. But, having contracts in place with customers, subcontractors and suppliers can actually be a relief when questions pop. TOP 5  CONTRACT TIPS CHECKLIST Keep these important tips in mind before you enter into a contract: 1. ALWAYS READ A CONTRACT CAREFULLY – never skip the “fine print” because it may… Read More »CONTRACTS: TURN PAIN TO GAIN

Trust thy agent as thyself?

Do you trust your insurance agent? A new study reveals that most small business owners do trust their insurance agents more than other financial services businesses. The study, under the commission of The Hanover Insurance Group Inc., proved that the trust is the only most important consideration for business owners when choosing an insurance provider. The study showed that small business owners have a higher level of trust in independent agents than they do with professionals in other financial services industries. The majority of small business owners reported that they consider independent agents as being trustworthy. We, at Paperless Insurance Services, are… Read More »Trust thy agent as thyself?

Cargo Elite by Travelers – Simply the Best

Travelers Cargo Elite® policy provides outstanding coverage for importers and exporters, including automatic “all risk”* coverage for international shipments of new merchandise – even for goods your client has never shipped before. Benefit from a policy that offers an extensive range of coverage features, streamlined reporting and the ability to issue online special policies anywhere, anytime. Cargo Elite Coverage Highlights: Policyholders have full rights to the possession and control of all damaged goods. If a loss is not immediately apparent at the time of delivery, Travelers coverage applies to the discovered loss up to 60 days after arrival to the… Read More »Cargo Elite by Travelers – Simply the Best

Halloween Safe-Driving Tips

According to Safe Kids USA, children are twice as likely to be killed by a vehicle on Halloween compared to other days of the year. Take extra caution behind the wheel on Halloween and use the following driving tips to keep trick-or-treaters safe. – Yield to Trick-or-Treaters: Be prepared for children to run into the street at anytime. – Refrain From Passing Idle Vehicles: You never know when the driver in front of you has stopped to drop children off. Be patient and take extra caution when traveling near other vehicles. – Park Your Mobile Phone: With children crowding the… Read More »Halloween Safe-Driving Tips

Top Five Mistakes Drivers Make

For many drivers, getting behind the wheel is second nature, so it’s easy to make errors without realizing it. However, these errors can lead to serious accidents. Keep yourself and others safe on the road by avoiding these mistakes: 1. Tailgating Leave a three-second cushion between you and the vehicle in front of you. Leave even more time when road conditions are bad or when you’re travelling at higher speeds. 2. Stopping Instead of Yielding Accidents can happen when drivers stop at a yield sign. “Yield” simply means to slow down and let the traffic on the road you are… Read More »Top Five Mistakes Drivers Make

Broad Form Auto Endorsement

If you are shopping for your business auto insurance consider getting quote from Hartford. With a broad form auto endorsement you are getting: Coverage Who Benefits Most Claim Scenario Loan Gap Coverage – When a financed vehicle is declared a total loss and your insured’s outstanding loan balance is greater than the actual cost value of the vehicle, The Hartford will pay the difference between the outstanding loan balance and the actual cash value of  the vehicle. This is a new coverage! Any small business owner that finances company vehicles Like many small business owners, Jane financed the Ford F350 truck… Read More »Broad Form Auto Endorsement

Personal Injury Insurance Coverage and Credit Cards

In general, oral or written publication, in any manner, of material that violates a person’s right of privacy would be considered as a personal injury. However, your credit card slip may show a few digits of the credit card you use for the transaction and such would NOT be considered as a personal injury, because the word “publication” would not apply to this example. Other examples of personal injury: libel and slander, publishing / disclosing personal related information (health records, financial, etc) to a public domain without prior approval, false arrest and trespassing.   Always consult with your insurance policy for a proper understanding on… Read More »Personal Injury Insurance Coverage and Credit Cards

Risk Management: Preventing Commercial Auto Accidents

– Watch Your Speed: It’s easy to go too fast—especially when you are in a hurry. Remind yourself to slow down and keep it safe. – Mirror, Mirror: Properly adjust all mirrors before starting your trip. It is also important to check the side and rearview mirrors frequently while en route. This will allow you to constantly observe your surroundings. – Avoid Road Rage: Leave aggressive drivers to the police. Call 911 and report unsafe drivers — you could be doing them and everyone else on the road a favor in the long run. – Drinking = No Driving: If… Read More »Risk Management: Preventing Commercial Auto Accidents