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Your center for insurance and risk management tips, news and trends.

Wearable Devices, Insurance and You

Posted by Parker Beauchamp on Nov 24, 2015

Wearable technology has become an increasingly popular trend over the past few years, providing consumers with the chance to live happier, healthier and more convenient lives. These technologies are becoming so popular that the global wearable market is expected to grow from $5 billion to $12.6 billion by 2018.

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Topics: Personal Insurance, Insurance News & Trends

How to Host a Headache-Free Office Holiday Party

Posted by Parker Beauchamp on Nov 17, 2015

Note: This post originally appeared on The Huffington Post

According to a recent survey, 78% of employees view holiday parties as being “important to corporate culture.” Experts also highly recommend that employees make an effort to attend the holiday party when their employer plans one. 

However, the festivities may spiral out of control when employees let loose—and holiday party lawsuits unfortunately happen more often than they should. Stimulated by eggnog and company dollars, holiday celebrations can turn into holiday disasters in a matter of minutes.

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Topics: Business Insurance, Risk Management

The Hidden (and Not-So-Hidden) Risks of the Industrial Internet of Things

Posted by Parker Beauchamp on Nov 09, 2015

The Internet of Things (IoT) is the term used to describe the proliferation of sensors embedded in everyday objects that connect a range of devices—from thermostats to refrigerators—to the internet.

IoT technology currently powers some items in homes and cars, using internet connectivity to deliver better customer experiences. This technology is soon to be everywhere: The number of internet-connected devices is projected to reach 50 billion, according to Cisco’s estimates.

Just think of the possibilities: A fridge that automatically orders your favorite snack when you need more. Home technology that calls you when the basement is flooding or the roof is leaking. A car that locks you inside and drives you right into the hands of kidnappers.

Wait, what?

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Topics: Business Insurance, Risk Management

Insure Your Business for the Unimaginable: 5 Keys to Enhance Workplace Safety

Posted by Parker Beauchamp on Nov 02, 2015

An active shooter scenario is not a situation you want to think about, but it’s an important safety consideration, especially with the rise of mass shooting incidents in the U.S.

According to the latest report from the FBI, 160 active shooter events have taken place from 2000 to 2013, which is an average of 11.4 incidents annually.

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Topics: Business Insurance, Risk Management