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Insurance

7 Common Mistakes to Avoid When Insuring Business Vehicles

Operating a business fleet, no matter its size, is a complex undertaking. One of the most critical aspects, often overlooked or misunderstood, is the realm of commercial auto insurance. Whether you run a burgeoning small business or manage a fleet with years of service, navigating the various coverage options, entitlements, and each policy's intricate details is vital. In this comprehensive guide, we'll highlight the most common pitfalls that small business owners and fleet managers encounter when insuring their vehicles, and offer strategic tips to ensure you're on the right path to effective risk management.

Understanding Cybersecurity Insurance Requirements and How Network Visibility Can Help

From supply chain cyber attacks to ransomware, there is plenty of risk facing modern digital businesses. Cyber insurance can help mitigate that risk, but the complexity of cybersecurity insurance requirements can often create a catch-22 for businesses.

Operational Strategies for Water Damage Recovery

Water damage can turn into a daunting issue, causing severe destruction to our homes and properties. If not addressed promptly and correctly, it can lead to hefty expenses for repairs and replacements. In this blog, we'll delve into the operational strategies you can adopt for an efficient water damage recovery process.

Understanding What Accident Management Is and How It Can Help

Have you ever been involved in an accident and felt overwhelmed at the thought of having to manage everything that comes next? From dealing with insurance companies to medical bills, the entire process can be overwhelming and time-consuming. But what if there were a way-an organized system-to navigate through to make it easier? That's exactly where accident management steps in. In this post, we'll help you understand why accident management is important and how it can take some of the guesswork (and stress) out of managing things after an unfortunate event. Read on for more information!

Beyond Borders: 7 Ways to Safeguard International Business Privacy

Businesses in the current global landscape frequently cross national boundaries for better opportunities. However, this growth comes with its share of challenges, especially concerning data privacy and security. Ensuring the confidentiality of sensitive information is essential for safeguarding intellectual property and building trust with clients and partners.

Retirement Planning 101: 6 Essential Steps for a Secure Future

For many of us, retirement is a distant dream that we all hope to one day be able to achieve. However, certain steps must be taken for you to ensure a comfortable and secure retirement for yourself. This article will walk you through the essential aspects of planning your ideal financial future. From setting realistic goals and understanding risk levels to investing wisely and constructing an exit strategy - this guide has it all! Keep reading as we explore everything you need to know about retiree fortune building.

ServiceNow and Guidewire collaborate to improve insurance experiences

Insurance companies need to provide exceptional customer experiences. This has been a priority for years. However, insurance teams continue to be bogged down by manual processes and siloed point solutions. Companies need intelligent and connected solutions that streamline processes, improve operational efficiency, and enable easy, empathetic experiences.

How DevOps is shaping Financial Services #2: The challenges in insurance

In this series of blog posts, we speak with database professionals from Financial Services organizations around the world to better understand how DevOps is shaping the sector. On the way, we dig into key current factors including the rise of technology upstarts in fintech and insurtech, the speed of digital transformation and the ever-increasing threat of cyberattacks.

Why AI Underwriting Software Is a Boon to the CRE Loan Sector in 2023

Artificial intelligence (AI) underwriting software has the potential to revolutionize the commercial real estate (CRE) loan sector in 2023. These cutting-edge technologies can streamline the underwriting process, improve risk assessment, and increase the speed of loan approvals. The CRE loan sector in the US is huge. According to IBIS World, the market size of the CRE loan sector is measured to be approximately $1.2 trillion in 2023 in the US. Hence, it is not easy to handle such a huge market manually. AI underwriting software helps increase loan processing speed, saving lenders and borrowers time and effort.