October 25, 2024
Silicon Valley Risk & Insurance ServicesDo I Need Commercial Property Insurance for a Shared Office?
While your company’s coverage needs may evolve as circumstances change, certain components of sufficient business insurance typically remain staples in its loss control measures. Commercial property insurance is an essential investment for nearly all businesses, regardless of size or sector. Even for those who may share workspaces and offices with other tenants, the importance of […]
September 5, 2024
Silicon Valley Risk & Insurance ServicesWhat Is Key Person Life Insurance and Why Is It Important?
Key person life insurance, also known as key man insurance, is a specialized type of life insurance policy designed to protect businesses from the financial impact of losing a crucial member of their team. This individual could be a founder, executive, owner or any employee whose skills, knowledge and contributions are vital to the company’s […]
August 20, 2024
Silicon Valley Risk & Insurance ServicesUnderstanding the Cyber Risks of End-of-life Software
Software is the backbone of many business operations in today’s digital age. However, when software reaches its end-of-life (EOL) stage, it no longer receives updates or support from its manufacturer, posing significant cyber risks. Understanding these risks is crucial for maintaining a secure IT environment. Heightened Vulnerability to Cyber Threats One of the primary risks […]
July 15, 2024
Silicon Valley Risk & Insurance ServicesCybersecurity Tips for Companies with Remote Workers
Companies in the digital era must account for rising risk levels related to cybersecurity, hacking and potential data breaches. As more businesses move various parts of their operations online, such as video chat software and cloud servers, leaders and risk management professionals must be aware of how these changes may impact their risk profile. This […]
May 27, 2024
Silicon Valley Risk & Insurance ServicesInformation Security and Privacy Insurance in San Mateo, CA
The digital era is upon us and the onus is now on businesses to adapt or potentially fall behind. However, introducing and implementing technology into your workplace is not a simple process. You must vet these new programs and advancements to ensure you can manage possible risks and exposures that may be introduced or exacerbated. […]
April 17, 2024
Silicon Valley Risk & Insurance ServicesD&O Liability Insurance in the Tech Industry
In the fast-paced technology industry, where innovation is both a driving force and a battleground, directors and officers often face unique challenges. From navigating complex regulatory landscapes to managing shareholder expectations, the responsibilities of decision-makers can be daunting. Amid this dynamic environment, directors and officers (D&O) liability insurance emerges as a critical financial safeguard. What […]
February 8, 2024
Silicon Valley Risk & Insurance ServicesWhy Your Company Should Be Offering Benefits
In the ever-evolving landscape of the corporate world, businesses are increasingly recognizing the pivotal role that employee benefits play in shaping a thriving workplace. Beyond just a competitive salary, companies are now emphasizing the importance of comprehensive benefits packages, as such offerings can help employers garner many advantages. What Are Employee Benefits? Employee benefits encompass […]
December 29, 2023
Silicon Valley Risk & Insurance ServicesWhat Are the Top Cyber Risks for Businesses?
In an era where technological advancements have revolutionized the business landscape, the prevalence of cyber risks looms as an ever-present threat to organizations of all sizes. As businesses increasingly rely on digital platforms to streamline operations and interact with customers, the need for robust cybersecurity measures becomes paramount. What Cyber Risks Should My Business Be […]
October 26, 2023
Silicon Valley Risk & Insurance ServicesWhat Is a Key Person Life Insurance Policy?
In the business world, some individuals play pivotal roles essential to the company’s success. These individuals are often called “key persons” or “key employees.” Key person life insurance, also known as key man insurance, is a specialized insurance policy designed to protect a business from financial hardships that may arise if one of these key […]
August 22, 2023
Silicon Valley Risk & Insurance ServicesHow Does Business Interruption Insurance Work?
Business interruption insurance, or business income insurance, protects businesses from financial losses resulting from unexpected disruptions to their regular operations. Various incidents, such as natural disasters, fires, theft, equipment breakdowns or other covered perils, could cause these disruptions. The primary purpose of business interruption insurance is to help businesses recover their lost income and cover […]