The Future of Insurance Underwriting
Insurance companies are relying more and more on technology for claims handling and underwriting. Two companies, Praedicat and Verisk, recently announced new risk analysis products that your insurance companies may be using soon. This could be changing the future of insurance underwriting. Preadicat’s Company Risk Score (CRS) evaluates how risky a company is to underwrite. […]
What to Do if Your Business Has a Property Loss
In the event of a business property loss here’s what to do: 1. Make “Safety First” Your First Priority What to do if your business has a property loss? Make sure everyone is safe. You will most likely want to evacuate the damaged property and notify staff, vendors, suppliers and anyone else who should know […]
Are Employers Responsible for Employee Identity Theft?
The answer is yes, which is why it’s important to practice good cyber risk management. Employers are responsible for employee identity theft, therefore should perform the best policies for handling, storing and accessing the personal data of employees. Cyber thieves love employee personnel records. With the information they steal from Social Security numbers, birth dates, […]