Category: Risk Management

This scam example involves Norton Antivirus, but these tactics are not exclusive to them. Scammers have used similar approaches while pretending to represent companies like Microsoft, PayPal, the IRS, Amazon, and more. This article outlines common tactics scammers use, especially against the elderly, and provides tips on preventing these types of scams. From the FBI, […]

Insurtech tools and agency management systems are game-changers for prospecting leads, closing deals, cross-selling and assisting clients. But sales and servicing tools are only as good as the data they contain. The saying “garbage in, garbage out” applies to artificial intelligence (AI) tools, no matter how advanced they are. Let’s say you train your AI […]

Cyber-attacks continue at an alarming rate. At this point we do not foresee anything to curb the trend as our economy and world are relying more on technology and Artificial intelligence (AI) every day. We urge you to consider working with an IT professional to make sure your systems are up to date and protected as much as possible.

April showers bring May flowers, but those same April showers can also bring flash flooding. Flooding is the most common disaster in the United States and floods occur in all fifty states. In the last several years, there have been dozens of flash flooding incidents in communities throughout the Midwest. While the majority of our […]

Efforts to regulate Forever Chemicals in drinking water are in motion. U.S. Environmental Protection Administration (EPA) Administrator Michael Regan said during a press call this month, “We are one huge step closer to finally shutting off the tap on forever chemicals once and for all.”

Much is written regarding the state of the personal insurance marketplace in 2024. An article in the Wall Street journal on January 8, 2024, maintains that “Buying home and auto insurance is becoming impossible.” WSJ further assert that “For many Americans, getting insurance for both their cars and home has gone from a routine, generally […]

The famous actor and author Will Rogers once said, “You never have a second chance to make a good first impression.” You may ask what that has to do with your year-end financial statement? More than you might think. Contractors who need surety bonds must provide their surety with a CPA prepared year-end financial statement. […]

The pandemic, coupled with a hard market cycle, has forced brokers and insurers to prioritize risk differently. After waves of ransomware attacks and security breaches, it’s no surprise that cyber security and cyber education is top of mind in this equation. Cyber risk has taken centre stage with the shift to remote working models last […]

As ransomware is becoming all too commonplace insurance companies are trying to find ways to assist businesses in managing their susceptibility to system penetration resulting in a ransomware attack. It has been determined that most of the penetration is through open ports and a lack of utilizing Multi-Factor Authentication (MFA) protocols. Moving forward most insurance companies […]