Category: Cyber RiskJune 17, 2019
The Health Insurance and Portability and Accountability Act of 1996 (HIPAA), a national standard to protect medical records and protected health information (PHI), applies to “covered entities” – health plans, healthcare providers and healthcare clearinghouses.
Category: Cyber RiskJune 13, 2019
Social engineering fraud is a significant and growing threat for most businesses, along with ransomware, and some recent variations are proving to be sophisticated and costly. Comprehensive Cyber Risk Insurance (also called Data Breach, Privacy and Network Security insurance coverage) is an important protection, but strong IT security and employee awareness are equally important.
Category: Product RecallsJune 12, 2019
The number of product recalls has increased exponentially over the past 10 years. Unfortunately, when a recall occurs it is often prohibitively expensive, affecting a business both financially and reputationally. Whether your client’s exposure is manufactured goods or food-related products, having the right insurance coverage for every recall situation is critical.
Category: EnergyJune 4, 2019
In the renewable energy industry, many companies depend on contractors to support their operations. This is why contractor pre-qualification is an important initial step, not only in determining the most suitable contractors for a project but also in helping mitigate costly claims.