With healthcare costs on the rise, many organizations are exploring alternative insurance solutions to cover their employees. One of these options to potentially reduce and or control cost is a self funded insurance health plan. While this type of program is typically used by larger companies, many smaller-sized businesses have been opting to self-insure. Here […]
As the new school year approaches, it’s your responsibility to review your to-do list and ensure everything runs smoothly. Insurance is a great planning tool for “back to school”. Here are some ways you can protect your family this season… 1) Off-Premises Theft Coverage Your and your family members’ personal property is covered at your […]
As a business owner or CEO, you and your company are wearing a bulls-eye on your back in the eyes of cybercriminals. In fact, your business may be an even more appealing target for cyberattacks than the large box stores. According to Forbes, a data breach study conducted by Verizon in 2012 revealed that more […]
Insurance Broker, Agent or Just Do It Yourself? In today’s world, there are many different ways to access insurance products. However, there are key differences within the process of determining appropriate coverage that change your experience as a client. While both agents and insurance brokers require the same licensing and education, you may find that there […]
The commercial umbrella insurance market continues to create headaches for real estate owners. Over the past 12-18 months, umbrella liability insurance premiums for real estate (especially multifamily properties) continues to rise. An umbrella policy provides additional coverage on top of the primary liability policy. By purchasing an umbrella policy, an owner protects themselves from legal costs […]
Before conducting business with any contractor, you should always have a written contract in place. The purpose of the contract is to specify the obligations of each party and how risk will be shared between them. Construction projects can be complicated. For your next project, consider the following critical contract elements: 4 Critical Contract Elements: […]
Improving the biography of a building can help reduce the cost of multi-family insurance premiums. As you might expect, an insurance company looks to minimize their own exposure when taking on a new risk. So, when it comes to real estate, presenting the property in a more favorable light can often make it more appealing […]
Does your organization have an employee handbook? If the answer is no, it’s time to revisit the idea of introducing one to your company. While creating an employee handbook may seem like a tedious and time-consuming task, there are many ways your business will benefit. Here are a few reasons your company should create and […]
Residential and commercial real estate development are flourishing as many projects continue to commence in the Greater New York City Area. Other than General Liability, there are various exposures associated with real estate development. Here are 3 things a developer doing business in NY should consider when buying real estate developer insurance: 3 Thing You […]
The majority of businesses that DON’T have a comprehensive business continuity plan – over 70% of them – will FAIL to recover from a significant interruption event. Some businesses’ biggest vulnerabilities will primarily relate to natural disasters. Others might be more easily crippled by a data breach, or breakdown of machine. If you’re a landlord, […]