Tags: disaster

Is Your Workplace Prepared For The Unexpected?

Is Your Workplace Prepared For The Unexpected

Mother Nature seems to have gone crazy this summer.  Dozens of wildfires in the west, Hurricane Harvey—and now Hurricane Irma—heading into the Gulf Coast, extreme temperatures and unpredictable weather everywhere. And in addition to crazy weather, there are all kinds of other unexpected events that can throw your workplace into chaos. According to the Insurance Information Institute, as many as 40 percent of businesses forced to suspend operations due to a natural or human-caused disaster never reopen their doors. Try to imagine the challenges and struggles your business would face... Read More

How Will Your Business Survive A Disaster?

How Will Your Business Survive A Disaster

Disaster can strike anytime, anywhere, and often with little or no advance warning. Here in Colorado, we’ve seen disasters of all types in recent years, from natural disasters like floods, fires and tornadoes, to human-caused disasters like accidents and oil spills  According to FEMA and the Insurance Information Institute, as many as 40 percent of businesses forced to suspend operations due to a natural or human-caused disaster never reopen their doors. Have you thought about the challenges and struggles your business would face in the wake of one of these... Read More

7 Ways to Avoid Becoming a Cyber Crime Victim

7 Ways to Avoid Becoming a Cyber Crime Victim

Is your business safe from cyber crime? While no business is immune, there are steps you can take to reduce your risk. What are you doing to avoid becoming a cyber crime victim? When we think of cyber crime, including computer hacking and data breaches, we most often think of large corporations, the businesses we hear about on the evening news. But businesses of all types and sizes are at risk, and cyber criminals are increasingly targeting smaller businesses in the hopes that they do not employ the same security... Read More

Be Prepared: Do You Have A Business Disaster Plan?

businesses damaged after a storm

Have you prepared your business for the unthinkable? How will your business survive a fire, flood, tornado, blizzard or hailstorm? What about a workday disaster that leaves your staff stranded at the office? Chances are you’ve thought about protecting your business against theft, employee accidents or even a cyber breach (if you haven’t, stop reading and call us right now at 303-721-1145—you need help!) But most businesses don’t have an emergency management plan in place. Did you know that according to FEMA, 40 percent of businesses will not survive a... Read More

Umbrella Insurance Brings Peace of Mind for Your Business

roper umbrella

We live and do business today in a litigious society. You may think your biggest business worries are making profits and keeping great employees. Consider the possibility, however, that a customer is injured by one of your products. What could happen? A devastating lawsuit with exponential damages and a ruined reputation. While it’s difficult to protect against a ruined reputation, commercial umbrella insurance purchased in addition to your standard commercial general liability (CGL) policies can help protect you from the expenses of a lawsuit. Most CGL policies have an aggregate or... Read More

Is Your Business Prepared for a Flood?

Is Your Business Prepared for a Flood

September is National Preparedness Month. In Colorado, this September is also the third anniversary of the greatest floods in Colorado history. Parts of Colorado received up to 17 inches of rain over a four day period, nearly equal to the annual precipitation of some affected areas. Flood waters spread over an area of almost 200 miles and affected 17 counties. In addition to thousands of homes damaged or destroyed, nearly 1000 businesses were also damaged or destroyed. Many of those businesses never recovered. While we would like to think it... Read More

Top 10 Threats to Small Businesses—Part 2

threats to small businesses

Top 10 Threats to Small Businesses—Part 2 In our last post, we outlined some of the potential threats to small businesses. In order to develop a plan to manage and minimize risk, it is important to first know what those risks are. Some small business threats may be obvious such as theft, vandalism or fire hazards. Other risks are not so readily visible, such as the possibility of work injuries, data breaches or other legal risks. Part 2 of our Top 10 threats to small businesses outlines five more threats... Read More

7 Ways to Prevent Data Breaches

7 Ways to Prevent Data Breaches

Cyber security is on everyone’s mind these days. And it should definitely be on the mind of every business owner.  With as many as one in four businesses suffering a data breach, and nearly 50 % of all American adults having been affected by data breaches, it is a critical issue. Data breaches cost our economy $100 billion each year. For a small business owner, each comprised customer record can cost upwards of $200, and countless more in lost trust. While the number and scope of data breaches continue to... Read More

Are You Covered in Case of a Business Interruption?

business interruption insurance

If a fire, storm or other disaster caused your business facility to be temporarily unusable, what would you do? Would you start looking for a new building to move into? Would you close down while repairs are made? Would you be able to continue paying your employees—or yourself? Ideally, you would move to a temporary location while your permanent place of business is being repaired. Business Property Insurance does not cover a move or a loss of income when a business must temporarily close. With Business Interruption Insurance, also referred... Read More