The future is now, and if you want your business to compete over the next few years you may want to pay attention to the following topics. There are a number of factors that will affect the business of insurance in the near future.
Our world has gone digital. Technology has changed the way you relate with your customers. Have you invested in the right technology, and do you have it insured?
With the growth of technology, we can now access and store data from our cars, homes and while on the go. This creates a real need to have effective data security, the most up to date protection, and policies and procedures for use and storage. Part of cyber management includes having a cyber-liability policy for your business.
The Next Generation of Leaders
Millennials will lead the next generation in the workforce. Is your business prepared? Millennials like to live and work in the same community, use public transportation and work from home.
As the price of oil drops it has become more economical to deliver goods and services. However, there are more auto accidents as a result.
Managing your employees and customers will create new challenges for your business. Be prepared.
If you have employees, you are exposed to potential employment liability claims. Employees know their rights, and it is time for all employers to become more informed about how to protect their companies. An EPLI policy covers claims made against directors, officers, employees, the company, and its subsidiaries.