Coinsurance is a term that is often included in various insurance policies, but it is commonly misunderstood by policyholders. This concept is particularly relevant in commercial property insurance policies, and…
In today's business world, many organizations rely on third-party vendors and contractors to fulfil certain business needs. However, these partnerships can also expose businesses to various risks that need to…
Understanding the importance of loss runs is crucial for organizations looking to secure commercial insurance policies. Loss runs are comprehensive reports that provide a detailed snapshot of an organization’s claims…
Premium audits can be a source of stress for businesses, especially if they are unprepared for the process. However, understanding what a premium audit is and how to prepare for…
What is Cryptocurrency? Cryptocurrency is a digital currency that operates independently of the banking system, allowing for faster transactions, fewer processing fees, and limited chargeback risks. However, as with any…