4 Awesome Tips from the American Red Cross

In August, the American Red Cross and Zurich teamed up to host the 5th Annual Disaster Preparedness Summit at Chicago’s Gleacher Center. This year’s goal: Discuss recovery and coordination.

The summit, which has taken place each year since 2012, focused on providing participants with disaster planning tools and resources to keep essential operations running and coordinate relief efforts following a disaster. In other words, to help keep communities and businesses up and running when a tornado, hurricane, or earthquake occurs.

Attendees included disaster teams from various major companies as well as police and fire teams, and representatives from FEMA, among others.

Disaster-Preparedness-Summit

Mike Foley, a Zurich CEO, spoke about the importance of the summit in the opening address.

 

So many participants had great notes and tips to share this year that we felt the need to share them with you. Take a look at a few of our favorite tips from this year’s Disaster Preparedness Summit:

Read More…

Start a Conversation

3-D Printing: Who is Responsible?

In July, Amazon announced the launch of an online store for 3-D printed items to allow consumers to customize and personalize over 200 items like dolls, jewelry, and cookie cutters, to name a few.

3-D-Printing

“The introduction of our 3-D printed products store suggests the beginnings of a shift in online retail that manufacturing can be more nimble to provide an immersive customer experience. Sellers, in alignment with designers and manufacturers, can offer more dynamic inventory for customer to personalize and truly make their own,” said Amazon’s Petra Schindler-Carter in a statement.

A shift indeed, has taken place. Not only is it allowing consumers to personalize products, it’s allowing them to create and sell them. Today, it has become possible for anyone to buy and use 3-D printing to create food, shoes, organs, almost anything. That, along with the added incentive to bring products to market in a fraction of the time, has become extremely attractive to the manufacturing industry.

Read More…

Start a Conversation

Fantasy Football Makes Its Way into Insurance Biz

Is this a new business opportunity for insurers?

Did you know that Fantasy Football participants can buy real insurance that provides coverage when players on their teams have season-ending injuries?

… Let that sink in for a second.

Fans across the nation rejoice!

Fantasy-Football

Read More…

Start a Conversation

5 Red Flags for Possible Identity Theft at Work

Don’t become a victim of identity theft. Learn what to look for.

When it comes to identity theft, your credit card isn’t the only item at risk.

According to the Insurance Information Institute, “More than 9 million consumer fraud and identity theft complaints have been filed with federal, state and local law enforcement agencies and private organizations over the five years 2009 to 2013.”

It’s everywhere and in every industry.

But, many industries have chosen to confront this issue head on — like the automotive industry.

identity-theft

Read More…

Start a Conversation

Is it Time to Invest in Renewable Energy Insurance?

What risk managers need to know before making the move to green technology and insurance

Businesses across the globe are increasingly turning to green technology for lowering energy costs and reducing their own carbon footprints.

We’re all thankful for that.

But, it’s also important to understand the risks associated with the photovoltaic (PV) solar panel systems so many companies are installing to help with environmental issues and costs.

 


Read More…

Start a Conversation

The Hidden Cost of Slips, Trips, and Falls

Do you know how much an STF would cost your business?

Slips, trips, and falls in the workplace are a significant loss issue for workers of all ages — and for companies of all sizes.

Regardless of the industry, when someone takes a tumble in your place of business, it’s likely not a good thing.

But how much does it cost if that tumbler — whether it be a worker or a customer — decides to file a claim against the business owner?

An analysis of slip, trip, and fall claims over a five-year period, conducted by Zurich, puts the average net cost of a claim at $30,670.

STF-Claims
Read More…

Start a Conversation

What is the FTC’s Reach After a Data Breach?

Federal Trade Commission can come down hard on businesses for failure to protect consumers

The electronic storage of consumer data is among the most useful developments to come from the technological revolution.

FTC

Read More…

Start a Conversation

Mobile Healthcare Technology Aims to Hit Underserved Populations

As mHealth technology improves, the market prepares for it

We’ve all seen the apps. The ones that track your baby’s growth, or tell you how many miles you ran, or what that weird rash really is. You know what I’m talking about. These all serve their purpose in many first world situations. But, what if there was a way to use your smart phone to reach the underserved?

Mobile-Healthcare-Technology

Read More…

Start a Conversation

Cyber Risks for Human Resources

What Are They and How Can We Prevent Them?

 

It was reported on July 9 that Chinese hackers broke into the computer networks of the United States government agency that houses the personal information of all federal employees in March, according to senior American officials. They appeared to be targeting the files on tens of thousands of employees who have applied for top-secret security clearances.

Cyber-Risk-for-Human-Resources

Read More…

Start a Conversation

2014 Hurricane Season is Upon Us

How to prepare in hurricane season

The six-month hurricane season officially started on Sunday, June 1. But, the first hurricane of the season, Hurricane Arthur, just made landfall earlier this month off the coast of North Carolina. As a Category 2 hurricane, Arthur brought 100 mph winds and several inches of rain with it, creating damage along the east coast, according to The Weather Channel.

Hurricane-Blog

Read More…

Start a Conversation