Did you know that aside from the limits that are printed on your declarations page each renewal, many commercial insurance policies now offer valuable services and resources to businesses to help manage risk? Here are some examples:
Cyber Coverage – Some carriers offering cyber coverage also provide valuable education tools to prevent a cyber breach from occurring. These include incident response and information security plan templates, education resources on risk awareness and reduction, and information on notification laws and regulation. In the event that a claim does occur, some carriers partner with third parties to develop response and notification plans, and organize a media response.
Employment Practices Liability Insurance (EPLI) – Carriers providing EPLI coverage often also include access to resources to help prevent an EPLI claim. These include access to legal counsel to discuss investigations, state laws, employment reviews, and dismissals. Education resources that may be available include training modules, articles, best practice resources, and self-audit checklists.
These are just a few of the resources available to commercial policy holders. Contact us to learn more about how we can help with your commercial risk management! Broadview Insurancecan help with business insurance all over Ohio, including Richfield, Akron, Canton, Cleveland, and all over Northeast Ohio.