Tag Archive for: employees

Enter These Tips to Reduce Cyber Liability Risk

Reduce Cyber Liability Risk

ENTR the safety, CNTRL the risk and delete the spam. Here’s how to reduce cyber liability risk in your business!

Every business, small or large, needs to recognize the threat of cyber liability. Potential cyber-attacks can threaten any business, at any time. No hacker or cracker waits for a convenient time for your business to go on hold. Should information fall into the wrong person’s hands, your business, employee’s identity, vendor’s information will be highly compromised. A sure way to avoid the attack and lessen the impact of cyber liability is to train your employees to recognize and deal with these incidents.

Empowering your employees to identify common cyber threats can be beneficial to the security and organization of your business’ information online. Train your current employees these top tech tricks as well as including this as part of the onboarding routine for new hires.

  • Company Data: You and your employees have legal and regulatory obligations to respect, private information to protect, and a company’s reputation to preserve. No company data should be released when unnecessary.
  • Passwords: Encourage your employees to change their password every month, and to select strong ones that can’t be predicted. You’re not fooling anyone with the password ‘Password123’.
  • Unauthorized Software: Never let employees download software that is not verified or unlicensed. This can make the computer susceptible to malicious software downloads that can corrupt the data. Make it a policy to confirm with the supervisor before downloading any new software.
  • Internet Use: Train your employees to avoid suspicious forms and websites online. Avoid sites that have pop-ups and an unsecured network.
  • Email: Educate your team on determining scam emails from unrecognized senders and suspicious subject titles, and how to properly dispose of these emails.
  • Document Management: In the event of an employee’s computer becoming infected with a virus, employees should immediately report the incident to the IT team for investigation and action. Employees should be trained to recognize a serious threat or alert and act on it to ensure no further damage occurs.
  • Sensitive Information: Limit the number of employees who can access the company’s critical data.

Through the proper protection of your company’s data and devices, you won’t face hackings, corruption of data, or a release of all sensitive and personal information. These circumstances can destroy your business’ reputation and credibility, potentially closing your doors for good.

For the proper protection to prevent your company suffering from such a disaster, purchase Cyber Liability Insurance. Check out our tips on how to purchase this much-needed insurance in today’s society. To get started on your policy, contact Chambers & Company Insurance Brokers.

Does Your Business Need Commercial Auto Insurance Coverage?

Commercial Auto Insurance

Is driving your business (or part of it)? You may need commercial auto insurance.

As a business owner, it’s natural to want to protect your foundation and employees as well as you can. Whether you own a pizzeria, landscaping business, or party bus, if your business uses a vehicle, you’ll need commercial auto insurance. Even if you only make deliveries every other weekend or pick up equipment once a month, personal auto insurance more often than not won’t cover you for a work-related incident.

Fortunately, commercial auto insurance protects many facets of your business through the following policies:

Bodily Injury Liability – For other drivers’ and passengers’ injuries or death that you caused.

Property Damage Liability – For damages to someone else’s property for which you are responsible.

Comprehensive Coverage – If your vehicle is damaged in an event other than an accident, such as a theft, vandalism, or from a tree branch falling on your vehicle, this insurance will step in to cover the replacement costs.

Collision Coverage – For your vehicle when your car hits or is hit by another vehicle.

Uninsured/Underinsured Motorist Coverage – Covers all of your staffs’ injuries, damages, and death caused by an at-fault driver with no or too little insurance coverage.

Medical Payments Coverage – To cover the costs of medical bills incurred by you and your passengers in your work vehicle from an accident.

Beyond these fundamental components, you can customize your business car insurance policy with the following coverages:

  • Roadside Assistance – If you break down on the side of the road, this service can deliver fuel to you or tow you to a nearby garage.
  • New Vehicle Replacement Cost Coverage – Your totaled, brand new car can be replaced for one that’s the same model year as your totaled car.
  • Rental Reimbursements – If your vehicle is in the garage, you may need to get a rental car. Fortunately, it won’t be out of pocket with this coverage.

Commercial auto insurance protects your vehicle, employees, and business from falling due to a stumble. Maneuver the road ahead with reliable coverage by calling the professionals at Chambers & Company Insurance Brokers today.

Different Types of Property Coverage for Your Business

Types of Property CoverageCommercial insurance is broad and there are many different policies. What is best for your business?

Business owners may be overwhelmed when deciding on a policy that suits their company, assets, and financial future! Fortunately, we’ve compiled a handy-dandy list that provides an overview of the coverages available to businesses.

Commercial Property Insurance: As the most common form of commercial property policy, this typically covers buildings, production machinery, office equipment, furniture, and stock. The policy is fairly flexible and can be adapted to meet the needs of your business.

Businessowners Policy: A businessowners policy is a type of package policy designed for small and medium-sized businesses, and covers commercial property and general liability coverages. It can also include business income, extra expense, and various crime coverages.

Inland Marine Insurance: Commercial property and BOP policies cover property situated at the premises described in the declarations, typically away from the businesses premises. This coverage is designed to protect movable property.

Builders Risk Insurance: This insurance covers a building in the course of construction, beginning when construction starts and ending when the project is completed so that your building is protected throughout every stage.

Crime Insurance: Including employee theft coverage, computer fraud coverage, and money and securities coverage, this policy is designed to protect against losses.

Are you ready to receive quality and all-encompassing insurance for your business in California? Don’t get dumbfounded by the different types of property coverage for your business. Contact Chambers & Company Insurance Brokers as our expert California agents know the risks of each business, and can take steps to safeguard your company.

How Does Workers’ Compensation in California Operate?

Workers’ Compensation in CaliforniaWorkers’ Compensation in California is a legal requirement!

If you’re a business owner in California, you’ll likely be overwhelmed with insurance policies that you might need. From protecting your building to your employees, everything should be covered so that you can focus on excelling at your business.

An insurance coverage that is non-negotiable is workers’ compensation insurance. California law requires employers to have workers’ compensation if they have even one employee. What’s more, out-of-state employers may need workers’ compensation coverage if an employee is regularly employed in California or a contract of employment is entered.

Workers’ Compensation 101
In an employee gets hurt on the job, the employer is required by law to pay for workers’ compensation benefits. Whether you get hurt by one event at work, such as falling on a wet floor to getting into a car accident while making deliveries, or repeated exposures at work such as repetitive-motion injuries, the employer can be held responsible.

Employee Protection
Workers’ compensation insurance is part of your cost of doing business, therefore no employee must help pay for the policy. In California, you must post the “notice to employees” poster at work where employees will be able to see it. This poster details information about workers’ compensation coverage and where to get medical care for work injuries. For California-specific requirements, view the California Labor Code. Should the employer not put up this poster, the company could face a penalty of up to $7,000 per violation.

Fall Into Your Safety Net
If your employee gets sick or injured on the job, you must:

  • Provide a workers’ compensation claim for to them within one working day after the work-related injury or illness is reported.
  • Return a copy of the completed form to the employee within one working day of the receipt.
  • Forward the claim form and your report of occupational injury or illness to the claims administrator within one working day.
  • Within one working day of receiving the employee’s claim, authorize up to $10,000 in appropriate medical treatment.
  • Provide transitional work (light duty) whenever appropriate.
  • If the employee is the victim of a crime that happened at work, you must give notice of workers’ compensation eligibility within one working day of the crime.

To prevent your employees getting hurt at work, be sure to follow proper safety procedures and supply them with safety tools or education. In addition to protecting your employees, safeguard your business with quality workers’ compensation insurance. For your policy in California, contact Chambers & Company Insurance Brokers today!

Tips for Cyber Liability Insurance in California

cyber liability insurance california

Smart business owners secure their company with cyber insurance in California.

With the rise of technology comes a growing risk of data breaches and cyber liability lawsuits. While you may have thought your computers were safe behind locked doors, this is certainly not the case anymore. All businesses are at risk of cyber attacks, be sure to secure yours with cyber insurance in California.

What Are the Risks?

Skilled hackers are now able to tap into devices within seconds, gaining instant access to sensitive data, emails, online bank accounts, employee records, and everything in between. If important information was to fall into the wrong hands, you could lose the business and trust of vendors, clients, guests, and your employees.

  • Liability
  • System Recovery
  • Notification Expenses
  • Regulatory Fines
  • Class Action Lawsuits

Cyber Liability Insurance Coverage

To protect your business from data breaches, cyber liability can step in should an incident occur. A policy can cover several types of risk, including:

  • Loss or corruption of data
  • Business interruption
  • Multiple types of liability
  • Identity theft
  • Cyber extortion
  • Reputation recovery

With your cyber liability insurance at hand, your business can protect against any possible risks with daily practices to prevent attacks and lower risks. You may be able to limit your cyber liability risk by:

  • Installing, maintaining, and updating security software and hardware
  • Contracting with an IT security services vendor
  • Using cloud computing services.
  • Regularly backing up data to a secure offsite location.

Protecting your business has never been easier with Chambers & Company Insurance Brokers! Our expert insurance professions allow you to receive optimum cyber liability insurance coverage for your business!

Effective Retail Risk Management Strategies You Should Be Using

Retail Risk Management Strategies You Should Be Using

Risk management in the retail business – Implement these strategies to reduce the risk

Recent breaches at major retailers have highlighted the risks that businesses in the retail industry face. In fact, a recent Verizon report reveals that retail makes the list of top five industries with the most data breaches. This explains how important risk management in the retail business is. We want to help you protect your retail business physically and digitally, so we’re offering these retail risk management strategies.

  • Equip your employees. Make sure you have people on the ground who know the risks facing your business and how to mitigate them. For example, if your store is in a high-theft area, it’s wise to hire a security guard who will focus on eliminating that issue. Then, empower every member of your team to take steps to slash your risk—from monitoring exits to checking IDs with credit or debit purchases to verifying currency.
  • Keep records. As liability claims are increasing year after year, your business needs to consider that it could be held liable for an injury in its store. Take steps to minimize hazards (e.g. having someone walk through at certain times of day to look for tripping or slipping hazards) and keep thorough records on those steps. These steps will save you if you are taken to court!
  • Stay up-to-date digitally. Routinely evaluate and update your software so you can patch any vulnerabilities. While updating, opt for two-factor authentication and take note of any abnormalities in administrative access.

We hope that these effective strategies will help you with risk management in the retail business. That’s why we offer top-tier commercial insurance to our retail clients. Contact the dedicated California agents at Chambers & Company Insurance Brokers to get the right commercial policies to manage your retail business’ risk.