Protect Yourself With Surety Bonds
The way project owners evaluate and manage risks on construction projects and make fiscally responsible decisions to ensure timely project completion are crucial to their success. Since private owners cannot afford to gamble on a contractor whose reliability is uncertain or who could end up bankrupt halfway through the job, a surety bond is a great safety net for the investment.
Emergency Response Safety for Schools
Most school districts and individual schools have emergency management plans in place. However, they are not always practiced regularly, coordinated with community resources, updated regularly or based on factual data and circumstances. As a result, when schools and districts find themselves in situations that merit an emergency response, they are often left unprepared. Having a solid emergency response plan in place is essential, as emergencies of all shapes and sizes occur in schools on a daily basis, and these incidents can have lasting physical, emotional and educational ramifications.
Disaster Response Plans for Manufacturing Businesses
Your business needs to be prepared for anything so that it can survive even the most unexpected disaster. Though terrorism may not seem likely, it is still a viable threat that you must consider, particularly if your manufacturing facility is in or near a large city. You also must consider more tangible, common risks, such as criminal activity or natural disasters. To protect your company against such threats that could strike at any time, it is important that you have effective security preparation and disaster response plans.
Communication and Technology Preparedness
According to The American Red Cross, the internet—including online news sites and social media platforms—is the third-most popular way for Americans to gather emergency information and let their loved ones know they are safe. Through the use of everyday technology, individuals, families, responders and organizations can successfully prepare for, adapt to and recover from disruptions brought on by emergencies and/or disasters. With effective planning, it is possible to take advantage of technology before, during and after a crisis to communicate with loved ones and manage your financial affairs.
Six Steps to Minimize Business Interruptions
According to the Federal Emergency Management Agency, 40 percent of businesses never reopen after a disaster. Implementing steps to prepare for and respond to disasters can help to reduce loss. In order to protect your business from unavoidable interruptions, it is recommended that you have an emergency plan in place to protect your business.
Understanding Your Technology Risks
Businesses today don’t only hold physical assets. Through the use of technology companies now are responsible for very valuable intangible assets, such as sensitive data, software and intellectual property, which a general liability policy doesn’t account for. General liability provides protection in the event of bodily injury or property damage. Technology insurance coverage is designed to protect against the significant risk of economic loss related to the intangible assets a company owns. A comprehensive risk management plan needs to guard against the unique exposures that the use of technology presents.