Tag: Commercial Insurance

2021 Demonstrated the Value of Captive Insurance: CIC Services Shares the 30-Day Countdown

PR Article
CIC Services

KNOXVILLE, Tenn. – November 2, 2021 – 2020 proved to be a challenging year for many businesses as they navigated the fall out of the pandemic. As 2021 unfolded and COVID cases decreased, many experts felt this was the light at the end of the tunnel and an end to COVID woes. But unfortunately, that wasn’t the case. 2021 has had its own obstacles. Although businesses have been able to reopen and, in most cases, resume business as usual minus some concessions, businesses have still been plagued by supply chain…

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7 Important Things Delivery Drivers Should Know About Insurance

Guest Author
7 Important Things Delivery Drivers Should Know About Insurance

In the last few months, online delivery businesses have taken off in a major way. The Coronavirus pandemic has unleashed the Ecommerce beast in almost all industry niches. If data is to be believed, Americans spent more than $11 billion in Pizza deliveries alone in 202-2021.  With groceries, medicines, food items, take outs, pets supplies and other essential and non-essentials getting delivered online, the same has fueled growing and profitable delivery businesses. This means vehicles and drivers that are doing last mile deliveries and delivering to the doorsteps of the…

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5 Hotel insurance policies you should have as the business owner

H. Cutner
what type of insurance do you need to run a hotel business

This type of business involves a substantial amount of risk, but the right coverage offers protection. When you’re first starting your new business, the right types of hotel insurance coverage are a critical component of your success. The right policies make sure you’re financially protected against what could otherwise be catastrophic. Of course, hotel insurance isn’t the only component of a successful business strategy.  You will need other business essentials, too.  This likely includes a hotel management system that will provide you with everything you need from the start, and…

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Your resume writing business insurance protects you from catastrophe

Marc
Resume Writing Business Insurance - person writing

Your company takes on substantial risk by providing this service, but the right coverage keeps you safe. Resume writing business insurance is designed to protect your financial assets. It should be considered a powerful investment into your company’s present and future. Remember that you carry the same risks as any other writing service, but with the added specifics of a CV. The main component of resume writing business insurance has to do with liability protection. Naturally, there is more than that, but this is most certainly the jumping off point…

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Bed and breakfast insurance can help to keep a dream business safe

Julie Campbell
Bed and Breakfast Insurance - Victorian home

A B&B can be a highly rewarding home business, but ownership comes with very specific risks. Many people dream of opening a B&B and just as important as a perfect location and customer experience is the right bed and breakfast insurance. Many owners begin a B&B as the first business they have ever run and misunderstand the importance of coverage. There is often a far greater focus on trying to keep up with daily tasks, advertising effectively, and bringing in enough money. It’s not uncommon for B&B owners to assume…

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Nationwide small commercial insurance satisfaction highest in US, says JD Power

H. Cutner
Commercial Insurance - Customer Satisfaction

The insurer earned the highest ranking for overall customer satisfaction in a recent study. A new J.D. Power study has found that Nationwide provides the best customer satisfaction in small commercial insurance. This, according to the findings from the firm’s 2019 U.S. Small Commercial Insurance Satisfaction Study. This isn’t Nationwide’s first time receiving the title. In fact, the insurer has been the top small commercial insurance company for customer satisfaction two years in a row. The company also took the top spot for the claims and policy offerings categories. “Small…

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AI technology investments increasingly commonplace among large insurance brokers

H. Cutner
AI Technology - Insurance Brokers - Commerical Insurance - Tech Image

Big commercial brokers are seeking to stand out from their rivals through high tech enhancements. AI technology has considerable appeal to large commercial insurance brokers. After all, these firms transact with multiple distributors and carriers and want to stand out. The marketplace is competitive and artificial intelligence, among other cutting edge tech, may make a difference. Other areas where brokers are differentiating themselves include workflow tools and analytics. This was among the findings in a new Business and Technology Trends: Large Commercial Brokers report. Novarica issued the report. It offers…

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