Entries by Optimus1

Business Insurance over the festive season

With Christmas fast approaching, it is often the busiest and most stressful time of the year for many businesses. While we rejoice for the increase in customers and sales, the increase in activity can mean extra risk for your business. Now is the time to check in to ensure you have enough financial protection to […]

La Niña likelihood increases

It is that time of the year again, La Niña event is imminent. La Niña brings an increase in rainfall which in turn increases the risks of flooding and water damage to properties. The bad news is that the chances of a flood-inducing La Niña system forming this year have risen, yet again. According to […]

What is Volunteer Insurance?

Whether you run a charity, a not-for-profit, or regular live events, volunteer insurance exists to protect both you and the volunteers that work for you. From music festival ticket collectors to ongoing charity work, volunteers are often the most important part of your organisation, and they need to be protected from accidents. Volunteer Insurance will […]

Why do I need Professional Indemnity insurance?

Mistakes can happen. If your business is found liable for negligence, the costs can be financially devastating. Not only could you be subject to an expensive lawsuit, but your business’s hard-earned reputation may be damaged as a result. Professional Indemnity insurance is mandatory in some industries such as medicine, accounting, law, and financial advisers. However, […]

Why is Management Liability insurance important for your business?

Conflicts arising from the workplace have become increasingly common, in particular with current market conditions affected by the global pandemic. SMEs are subject to legal action which can be financially devastating for both the business and its executives. The need for Management Liability insurance has grown in importance. Management liability insurance covers the costs of […]

Social media risks for your business

Social media is everywhere. It’s unavoidable, it’s powerful, and it’s here to stay. That being said, social media does come with a set of risks. According to the latest EY Global Information Security Survey, 59% of organisations had a “material or significant incident” in the past 12 months. In fact, social media risk management is […]

How Cyber Insurance can help protect your business

As our reliance on technology, the internet, and all things digital continues to grow, so does cyber risk. For businesses of all sizes and even government bodies, falling prey to cyber attacks is one of the key areas of concern every day. Evidently, every business with an online presence or electronic data records is potentially […]

7 Types of Insurance Your Business Needs

Running your own business is exciting. It can also be risky. As a business owner, you’re exposed to a variety of business risks that could damage your business, cause you extensive financial problems or even sink your business altogether. But if you’re protected with the right insurance, you can go about your work with the […]

Reviewing Your Business Insurance

Insurance is something that most business owners set and forget. They simply don’t think about insurance unless they need to use it. Like your business, your insurance needs will change over time. It is a good idea to review your coverage periodically to make sure that you are not paying for insurance that you don’t […]

Real Risks in Business: A Guide to Insurance

Starting a business is a risky business, which is why it pays to be prepared! While it is impossible to predict exactly which possible hardships may befall your company throughout its years of operation, it is possible to load up on the right business insurance that will provide you with coverage when you need it […]