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Should You Revisit Insured Property Value Estimates?

Risk Management Monitor

One of the first steps in obtaining commercial property insurance is to determine the value of the property being insured. On the other hand, performing an appraisal (which insurers typically consider the “gold standard”) can provide much-needed accuracy and thoroughness, but will require a greater commitment of time and resources.

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Inflation Considerations for Risk Managers and Insurance Buyers

Risk Management Monitor

Inflation’s Impact on the Insurance Market. In light of current economic conditions, the directors and officers (D&O) insurance market is now facing several notable inflationary risks. With high unemployment and higher costs, this also poses a risk to employment practices liability (EPL) insurers.

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Making Business Continuity affordable

KingsBridge BCP

Your insurance will keep you running through your business day, but once the money runs out you better know who your customers are going to be. KingsBridge develops plans that are cost-effective (just the savings in insurance premiums can be enough to pay for the plan) and your plan can differentiate you from your competitors.

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Auto-on SafeModeTM: Default Ransomware Protection

Pure Storage

SafeMode snapshots help them recover from the damage of ransomware attacks in hours instead of weeks, and earn high marks during evaluations for cybersecurity insurance coverage. Snapshots Occupy Little Capacity Snapshots are mostly just pointers to data. It just happens. Upgrade to Purity 6.4.10 for Auto-on SafeMode Today!

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Can You Afford Business Continuity Planning?

KingsBridge BCP

Your insurance will keep you running through your business day, but once the money runs out you better know who your customers are going to be. KingsBridge develops plans that are cost-effective (the savings in insurance premiums often are enough to pay for the plan) and that is a differentiator for you and your competitors.

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How to Set Up a Staged Recovery Environment 

Pure Storage

Insurers may not let you use it. You won’t use your staged recovery environment for all of your applications and data, only those that are critical to operationalize your business in a limited capacity. Immediately following a breach or event , you should consider your existing environment closed for business until further notice.

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What to do to your business before and after winter weather strikes

Disaster Safety

Monitor your roof’s snow load to ensure it does not exceed its maximum capacity. Place non-slip mats in front of entryways to prevent slipping as employees and customers enter/exit your business property. Conduct an assessment (visual and/or measurements) of the snow and ice equivalent as described in Figure 2.

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