Developing an Effective Risk Management Plan
When problems arise mid-project, it generally isn’t due to some unforeseen, unavoidable circumstance, but rather to a misstep or series of missteps that could have been avoided with proper planning. That, in essence, is the risk management definition (by Oxford Dictionary): “the forecasting and evaluation of financial risks together with the identification of procedures to…
Read MoreCoronavirus Outbreak: 3 Tips to Keep Your Healthcare Business Safe
In the wake of coronavirus (COVID-19) becoming a global pandemic, “nonessential” businesses have been forced to close their doors and people everywhere are being urged to stay home. Healthcare businesses, on the other hand, are busier than ever. Keeping frontline healthcare workers (and all other employees) as safe as possible is crucial—their well-being directly affecting…
Read MoreInside the Hacker’s Mind – Social Engineering
Inside the Hacker’s Mind – Social Engineering Dr Jack Wadey What is it? Social engineering is a method employed by bad actors or “hackers” to manipulate or deceive individuals to share personal or confidential information. A social engineering attack does not necessarily have to include computers. Have you ever held a door open into the…
Read MorePay as You Go Insurance for Healthcare Professionals
From nurses to doctors to dentists, healthcare professionals are tasked with the wellbeing of every patient in their care. However, as a health care provider, working in healthcare does not come without its risks, risks that can result in injury, ill health, or even death. Medical negligence is one of the leading causes of death…
Read MoreWhat Does Professional Liability Insurance Cover?
Some people endure a setback and immediately look for someone to blame. And if you’re a physician, attorney, accountant, real estate broker or anyone who served as a consultant to such a person, they’re likely to point the first finger at you, and perhaps even file a lawsuit against you. That’s where professional liability insurance…
Read MoreChoosing a Business Insurance Provider: Everything You Need to Know
A huge part of being a small business owner means having to purchase insurance. Some types of business insurance are required by federal law. Others are so crucial to protecting the health and well-being of your employees—not to mention protecting yourself from potential liabilities—that they should be required. Choosing the right bundle of insurance plans…
Read MoreBenefits of Professional Liability Insurance
If you’re in a service business, you work with customers on a constant basis. While you want to provide the very best possible service, guaranteeing it is an impossible feat; no matter how much you plan, there will inevitably be human errors, mistakes, or slip-ups that occur in the line of duty. While the vast…
Read MoreCyber Insurance 101: Why You Need It
Your business is a ship. A fine, sea-hardened vessel with a hard-won reputation for providing safe passage to all aboard and timely delivery of cargo. Pre-digital revolution your greatest worry? Weather and piracy. Now, in this day and age, cyberattacks on your, your employees’ and your clients’ sensitive data are like an infestation of plague…
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