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Geoff Johansing Talks With De Ivett about Professional Liability Insurance

In Business Wellness, Cost Containment, Customer Testimonials, Insurance 101, Partner Stories, Uncategorized by Geoff Johansing

Welcome to our first Facebook Live Broadcast – I am here with the founder of 5D Spectrum, De Ivett to discuss the topic of professional liability insurance for your business. Who needs professional liability insurance? Why does a services business need a professional liability policy? What are the benefits of having a professional liability policy? By adding a professional liability …

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Commercial Auto Insurance Basics

In Business Wellness, Cost Containment, Customer Testimonials, Insurance 101, Uncategorized by Geoff Johansing

Insurance coverage for automobiles can create numerous gaps in coverage and is another example of why your insurance agent needs to know your organization when placing your insurance coverage. There are issues with pollution, cargo, employees driving their own cars for work and mobile equipment that need to be addressed when reviewing or putting in place this coverage. There are …

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Cyber / Data Breach Liability Basics

In Business Wellness, Cost Containment, Customer Testimonials, Insurance 101, Uncategorized by Geoff Johansing

Most states have legislation requiring notification in the event of a cyber/data breach involving personal information which increases the liability for companies and their directors and officers. The insurance industry is developing new coverages as new threats from this exposure are found. Some of the coverages on these policies include the following; Privacy Liability / Pays for a loss from …

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New Workers’ Compensation Regulations for 2017

In Business Wellness, Cost Containment, Customer Testimonials, Insurance 101, Uncategorized by Geoff Johansing

Reporting of small medical only or first aid claims The Insurance Commissioner of California has approved an amendment requiring all employers to report small medical or first aid claims to their carrier who is required to submit them on the Uniform Statistical Report. The Commissioner and the Workers’ Compensation Insurance Rating Bureau of California (WCIRB) have put this ruling into …

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Your Risk Advisor Team Launches a New Website

In Business Wellness, Cost Containment, Customer Testimonials, Insurance 101 by Geoff Johansing

Introducing your Risk Advisor Team’s brand new website, blog and newsletter!   You’ll find tools to keep you on the pulse of insurance industry changes.  We hope you’ll consider our site an easy and reliable resource for insurance coverage, ideas and concepts. Insurance programs are like a “puzzle”.  Each piece of the puzzle varies depending on the characteristics of your organization. …

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The History of Insurance

In Business Wellness, Cost Containment, Customer Testimonials, Insurance 101, Partner Stories by Geoff Johansing

Some sources on the history of insurance believe it originated in the 3rd millennium BC in China. Chinese merchants would put their wares in several ships instead of just one so if one ship sank all of their wares would not be lost. This practice was used on the rough rivers traveled by the merchants and limited their exposure in …

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General Liability Basics

In Business Wellness, Cost Containment, Customer Testimonials, Insurance 101 by Geoff Johansing

In this article I would like to go over the basics of a commercial general liability policy. Like workers compensation, this can also be a confusing coverage but I will do my best to simplify the concept. This type of policy covers certain exposures but not others and should be considered a very important part of your insurance puzzle. What …

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Workers’ Compensation Basics

In Business Wellness, Customer Testimonials, Insurance 101, Partner Stories by Geoff Johansing

Insurance can be very confusing. Knowing what policy covers what exposure can be overwhelming. I would like to provide a simple explanations to the various types of Insurance coverage companies may have. Insurance is like a puzzle and policies are written to cover specific types of exposures. You need to make sure you are not missing a piece. What is …