Aegis Blog

Prepare for the unpredictable with the right business insurance

Arizona entrepreneurs have many factors to consider when trying to create a comprehensive business plan that will bring short- and long-term success. Stability is essential, which is why having the right Arizona business insurance policy will help build a level ground that company owners can rely on.Fox Business recently spoke with several business leaders who are still working their way back to a full recovery following Hurricane Sandy. The superstorm struck at the end of October last year, but many businesses in Lower Manhattan's historic South Street Seaport are ...

Data breaches affect businesses of any size, in any industry

Small to medium-sized business owners cannot afford to think that they will never encounter a data breach. With more companies relying on computers and other forms of mobile technology, organizations across numerous industries are more connected—and possibly accessible—than ever before.While this blog previously discussed how two-thirds of data breaches were caused by human error or system glitches, businesses must keep their information and that of their customers safe. The recovery process following a loss of data or a hacker breaking through a system will not be easy, or necessarily inexpensive. ...

Coney Island continues to rebuild

For some, it might seem like Hurricane Sandy swept across the Eastern Seaboard ages ago. In reality, it was just seven months ago that businesses and residents were devastated by damages from flooding, heavy winds and long-standing power outages. Company leaders who rely on seasonal income were especially nervous about their recovery process, as summer means customers. If there is nowhere for people to go, how can owners make money?That was a common question for many on Coney Island, a New York area that offers roller coaster rides, hot ...

Strengthen your Nevada business for the long-term

Commercial property insurance should be at the top of every entrepreneur's checklist when he or she starts a company. When this necessity is overlooked—or a current policy is not updated—owners could face a long road to recovery.The tornado that swept through Moore, Oklahoma last month is one example of organizations being forced to rebuild."Dozens of businesses were damaged or destroyed by the massive Moore twister," explained a Huffington Post article. "Of these, some were big-box stores and chain restaurants, which in some instances shifted employees to other locations. Others, ...

How to guarantee that your business survives a natural disaster

Depending on where a small to medium-sized business is located, its owners will have varied insurance policies. Companies in Maine will likely not have the same things covered as in a California business insurance policy. One of the reasons for this is that different areas of the United States will experience different types of weather.Regardless of an organization's location, being able to survive—and bounce back from—a natural disaster is essential. According to a contribution piece in the Washington Post, preparedness is vital and there are certain aspects that business ...

Do you have the right Arizona business insurance?

This blog has previously discussed how as a small to medium-sized business owner, it is beneficial to regularly review the insurance policies that you have in place. There can often be small nuances that are forgotten about, and when an unexpected event does occur, company leaders can find themselves facing financial hardships.For example, let's say that you are a landscaper who operates his own Arizona business. With summer quickly approaching, perhaps more customers are interested in making sure that their lawns are as pristine as possible. Have you really ...

National Small Business Week is perfect time to review insurance

President John F. Kennedy first declared a National Small Business Week back in 1963, and now, 50 years later, President Barack Obama declared the week of June 17 -21 to be the time to honor small business owners and their firms.It is not easy to lead a company, as this blog often discusses, because organizations of all sizes experience unforeseen events. For small to medium-sized businesses, any type of severe weather or time when the company doors are shut can be extremely costly. With National Small Business Week upon us, ...

Prevent debt from being part of your recovery process

No business owner can predict severe weather, let alone how a storm will affect his or her company. What is even more unforeseen though, is how long the recovery process could take. Organizations that do not have a general business insurance policy, or have coverages that do not account for all aspects of the company, could face a difficult recovery.Owners who do not have commercial property insurance could be forced to pay for expenses out of pocket, or they might need to take out an extreme amount of loans, ...

Tourist-dependent businesses require the right insurance

The wildfire season has begun, with many Southwest and West Coast states feeling the heat from unpredictable blazes. For many residents, having to temporarily evacuate from their home is inconvenient, but it is not likely to cause continuous losses. Small to medium-sized business owners on the other hand have a whole other set of issues to deal with should a fire disrupt their normal operations.Take Colorado, for example, which is the latest state to experience wildfires. According to Reuters, the Black Forest fire was 65 percent contained as of ...

Errors happen, technology insurance is needed

"Anything that can go wrong, will go wrong."While Murphy's Law might be an extreme scenario, it is a mindset that small to medium-sized business owners should still prepare for. Running a company is not necessarily always riddled with mishaps and unforeseen events, but assuming that nothing will ever happen can be extremely costly in the long-run.This example can be seen when it comes to data breaches. Without the right technology insurance and types of liability policies, businesses could be facing a lengthy and expensive recovery process should information be ...

 

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