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Top 10 ways to control your ex mod and increase your profitability

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

I find it good to review basics every now and then and wanted to share these ideas with you.  These protocols will help you minimize the impact claims will have on your premium which in turn boosts your bottom line. Of course keeping your employee’s safe and preventing claims needs to be a top priority. This lets your employees know …

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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 Property Insurance Basics

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

Commercial property insurance protects many aspects of a company. Some of the basic coverages are building, stock or inventory, work in progress, furniture and fixtures, electronic data processing equipment, business income, cargo and equipment breakdown. There are many complex components of property insurance. I am going to briefly discuss what an underwriter needs to offer property coverage, buildings or real …

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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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Enhancing Employee Happiness is just another reason to look at RiskScore

In Business Wellness, Cost Containment, Happy Employees, Insurance 101 by Geoff Johansing

It is amazing to me how many business owners and managers I encounter that realize the power behind a truly happy employee. It is just as amazing to me how few people really focus on making this a reality. If you have not thought about the impact your employees’ attitude has on your company, I suggest you do this. Going …

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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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Great Video on Lloyd’s of London

In Business Wellness, Insurance 101 by Geoff Johansing

In my blog “The History of Insurance” I refer to Lloyd’s of London. I really like this video from Property Casualty 360 “Inside Lloyd’s:John Nelson and the Lloyd’s Building”, specifically how it describes Lloyd’s of London. You can call me an insurance geek but I find the history behind this organization very interesting.

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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. …