NOW Insurance Partners with Hiscox on Medical Malpractice Insurance
The partnership will enhance medical professionals’ access to flexible liability coverage amid a hardening market. SAN FRANCISCO (June 22, 2021) –(BUSINESS WIRE)–NOW Insurance (NOW), an AI-enabled insurance platform designed to quickly match small business owners and professionals with affordable coverage plans, announced today a partnership with Hiscox, a leading small business insurer, to offer medical malpractice…
Read MoreNOW Insurance closes $2.5 million seed round, enhances AI-enabled platform
Commercial insurance tech solution serves small business community with best-in-class experience and competitive coverage options. HOUSTON, Texas (Dec. 10, 2020)—NOW Insurance, an AI-enabled insurance platform designed to quickly match small business owners and professionals with affordable coverage plans, announced today it secured an additional $1.25 million in seed funding led by The MFO Group. The…
Read MoreHow to Build Customer Relations in Your Business
Developing a fantastic product or service is a great first step in establishing a new business, and in the old days it may have been enough to turn a profit. However, in this day and age, there are so many competitors and innovators in any given industry that customers and businesses alike are relying on…
Read MoreDeveloping 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 MoreUnderstanding Insurance Terms: Back to Basics
Over time, just about every business will eventually develop its own lexicon. These words, phrases, or abbreviations can become shorthand or have underlying importance. Naturally, this can be confusing for outsiders who are attempting to enter a given world. It takes time, experience, and a little schooling to know the ins and outs. The world…
Read MoreGeneral Liability Insurance: How to Keep your Business Protected
For any business with multiple employees, there are countless scenarios that could result in an unhappy customer filing a lawsuit. Though the possibilities for lawsuits are endless, the lion’s share of those claims is likely to fall into one of two general categories: bodily injury or property damage. Thankfully, general liability insurance is a vast…
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 MoreWhat Is the Average Cost of Errors and Omissions Insurance?
Errors and Omissions insurance—also known simply as an E&O policy—is a type of liability insurance instated to protect employees and employers against claims made by a client. These claims, pointed at a business for their inadequate or negligent services, are based on the fact that these errors cost the client money. Should a lawsuit occur,…
Read MoreWhat Does Errors and Omissions Insurance Cover?
Errors and Omissions insurance is a type of liability insurance that provides protection when either a customer or client accuses you or any of your employees of losing them money. This accusation typically highlights a mistake made on the business’ end. For any sized business, these claims can be costly, even leading to financial ruin.…
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