Innovative Insurance for Modern Staffing Agencies

Innovative Insurance for Modern Staffing Agencies
Your staffing agency is likely dependent upon a number of resources for daily operations, and thankfully there have been great strides in making these resources more accessible and effective. One example of this is the evolution of vendor management services and the way they have revolutionized staffing. Through a web portal, clients and agencies can ...

What Should Your E&O Policy Include?

What Should Your E&O Policy Include?
Errors & Omissions (E&O) insurance is a must for professionals who want to protect their firms from claims based on mistakes or omissions that result in damage to clients. When choosing a policy, it is important to consult an insurance professional who can make a comprehensive risk assessment and help you obtain the coverage that ...

3 Ways Big Data Can Improve the Insurance Process

3 Ways Big Data Can Improve the Insurance Process
Big data is a term used to describe large sets of information that can be analyzed to gain insight and understand implications. The insurance industry has been greatly benefited by big data. Insurance big data improves the process in the following ways. Exposes Fraud: When a fraudulent case came to an insurance agent in the ...

Reasons to Carry Errors and Omissions Insurance

A good EO insurance in New York is critical to the stability of your business. General liability policies do not protect adequately against claims made that fall under the classification of personal services. No One Is Perfect Mistakes can happen that leave you vulnerable to lawsuits. Even with the best of intentions, it is still ...

Why Do Insurance Agents Need E&O Insurance?

Numerous businesses rely on providing some form of service in order to remain profitable. However, mistakes can happen just like with anything else. It is just that in the professional world, an honest mistake could lead to financial loss for a client or another company. Even insurance agents could make a mistake on a client’s ...

How Errors and Omissions Insurance Can Protect You

Whether your company is large or small, provides services or creates specific products, you will want to ensure you are protected against claims made against you. Here are three ways error and omissions insurance can protect you and your company in the future. Negligence Whether it is alleged that you have been negligent or that ...

Who Can Benefit From Errors & Omissions Insurance Coverage?

Balancing insurance coverage needs against financial constraints can be a challenge for many working professionals. Going without certain forms of coverage, such as errors and omissions insurance, to save money for other types of coverage may seem like a reasonable choice to many people. However, for the following professionals, the typical errors and omissions insurance ...

Insurance for Insurance Agents

Insurance for Insurance Agents
It might at first appear redundant, but insurance for insurance agents not only exists, purchasing a professional liability policy is one of the wisest business investments an insurance agent can make.   Professional Liability and the Service Industry   Most service industry professionals face risks while performing their jobs. Unhappy clients who believe that they ...

Things to Consider When Choosing Errors and Omissions Insurance

Procuring errors and omission insurance is integral for a company to remain protected in the face of legal action. However, not all businesses are the same, which may result in unexpected lapses in coverage. The following are just a few items to consider when choosing errors and omission insurance. Answering these questions can help businesses ...