December is a time to reflect on the year that has gone by as well as a time to start planning for the next one. It is also a time that businesses have holiday parties to celebrate the season with their employees as well as their customers. The celebration can be something as simple as […]
If you ask a room full of veteran small business owners their opinion on Professional Liability insurance, you are likely to hear a wide variety of answers. The fact is that in business mistakes are bound to happen and clients will not always be satisfied. We all want to avoid harm coming to our livelihood […]
We have been receiving a lot of queries recently about how inventory is valued by an insurer in the event of a loss. One common question is, “Why do I get what I paid to buy the inventory rather than the retail price I charge for the inventory?” This post aims to clarify how inventory […]
What makes a winning difference for small business professionals? If you get in a boat without a compass or a map, you may never reach your destination. For a sole proprietorship or a company of 10,000 people, a Unique Selling Proposition (USP) serves as a beacon in open waters helping you focus on (who you […]
As a start up business owner, you know how hectic and exciting the early stages of building a new company can be. With all of the other time consuming tasks on your plate, you may not have factored in securing insurance. Many emerging entrepreneurs are uncertain about what kind of protection is suitable for their […]
As a small business owner, you are entrepreneurial by nature and open to taking personal risks that have the potential to result in long-term financial gain. This is likely why you decided to start your own business and probably one of the main contributors to your eventual success. However, even with the most optimistic of […]
Professional liability insurance is the one form of business insurance that most professional service providers agree is non-negotiable. While they may waver over whether or not to get insurance for their business property, autos, or even for their personal lives, most professional service providers agree that professional liability insurance is a necessary cost of doing […]
With today’s insurance industry plagued by legal jargon, frivolous litigation, excessive fees and misleading small print, we’ve decided to step back and use our inaugural post to acknowledge the industry’s ancient and humanitarian roots. Although they may not have been using actuary tables, the earliest hunter and gatherer societies were in fact thinking about their […]
Once a year, your business will get a piece of mail stating that its business insurance is up for renewal. In most cases, it will include a quotation of the premium and a request for payment. It is tempting for the busy entrepreneur to just make the payment and not worry about the issue for […]
If you’ve been in the market for business insurance lately you already know that there are a full range of options. The world of insurance is constantly changing and can be difficult to understand and navigate. One of the things that a lot of people get confused about is what is covered by General, Professional […]
The idea of owning your own business has a lot of appeal. Many of us are drawn to the flexibility of our own hours, the opportunity to focus on what we’re passionate about and the potential for success with practically no limitations. There are other fundamental aspects of entrepreneurship however, and one of the most […]
“How’s your bracket doing?” With March Madness upon us, my basketball-loving friends and I are anxiously comparing stats. Along with the game comes the joy of victory, the agony of defeat, last minute heroics…and the occasional human error that thwarts that winning play. Mistakes in small businesses may not be as well publicized or as […]
BizInsure is pleased to announce our new partnership with the Career Thought Leaders Consortium! The Career Thought Leaders Consortium (www.careerthoughtleaders.com) is a nationally recognized think tank of career industry professionals who are focused on innovating all phases of career development and job search. Today, in response to their members’ request, preferred access to BizInsure has recently been […]
Since its inception in 1971, the NASDAQ has distinguished itself from the much older, world-renowned New York Stock Exchange (NYSE) by promoting itself as the more modern, technology-specialist exchange preferred by high profile, high-tech companies such as Apple and Google. Based on this reputation, it was the exchange chosen for the widely anticipated $16 billion […]
Even with the best intentions, the insurance industry can be quite confusing at times. A great example is the subtle yet important concept of “Occurrence” business insurance policies vs. “Claims Made” business insurance policies. These are relatively obscure sounding terms that can have big consequences on how your coverage responds. Occurrence policies respond to events […]
Have you heard about MF Global? If you’ve been following the top business news lately it would be hard to miss. It all started with a ratings downgrade which triggered a liquidity crisis and that then degraded into the firm’s bankruptcy on October 31, 2011. A Halloween fright for their employees, clients and shareholders for […]















