Why Scenario Planning Matters in Risk Management Risk Management is all about predicting future risk events and ensuring there is protection in place for those risks. To be successful at Risk Management, organizations need to have a way to foresee and plan for these events. This is where Scenario Planning comes into play. According to Read The Full Article →
Insurance Nerd Day: Fun Facts about the Industry Insurance Nerd Day is a special holiday that celebrates the Insurance Industry every July 18th. The goal of this day is to raise awareness about the importance of insurance in our daily lives. To break the “boring” stigma associated with the Insurance Industry, we are joining the Read The Full Article →
SmartCompliance was Honored with Bryan Rotary 10 Award College Station/Bryan, Texas – July 12, 2021 Since 1994, the Bryan Rotary 10 award recognizes ten of the fastest-growing businesses in Bryan, Texas. This year, SmartCompliance is immensely proud to have been recognized with this award and share this honor beside other exceptional businesses in the area. Read The Full Article →
When fun needs Insurance: all about Amusement Park Coverage Summary 30,000 injuries occur at amusement parks each year. We’re looking at how parks and patrons are protected by amusement park insurance, and how venues can lower risks. In June of this year, a 47-year-old woman from Ohio passed out while riding The Voyage, a roller coaster at Read The Full Article →
Why Property Managers need to use Additional Insured Policies Many Property Managers look over the importance of Additional Insured Endorsements when, in fact, they bring many benefits. As a property manager, you can save thousands of dollars in insurance costs by requesting to be an additional insured. To benefit from an additional insured endorsement, you Read The Full Article →
Is the Likelihood of Injury Correlated to the Cost of Workers’ Compensation Insurance? Summary Workers’ Compensation coverage varies significantly from state to state, but does the likelihood of injury in a job have anything to do with the cost of this coverage? We look at data from some of the states with the highest number Read The Full Article →
Why Compliance Tracking in Manufacturing Matters Insurance Compliance tracking for manufacturers is no easy task and simple mistakes can cost thousands of dollars in damages. Manufacturers need to get compliance tracking right because of the many possibilities there are for accidents that can become detrimental to the supply chain. The company RiskAlternatives, is an organization Read The Full Article →
Half-year reset for Health Insurance Deductibles If you recently signed up for a new health insurance policy, you might have some questions about your deductible since the year is halfway over. What is your current payment like for health insurance? Do you have to pay the full deductible? Should your deductible be prorated to half Read The Full Article →
Return to normality brings Insurance Concerns about business maintenance Summary With COVID restrictions and mask mandates easing up in many states, venues are seeing an increase in bookings. Businesses are excited to reopen in the coming summer and customers are hurrying to fill up their social calendars. Also, summer weather turns on the preference for Read The Full Article →
Understanding the 7 Most Common Risks in the Energy Sector The Energy Sector spans from coal mines and oil rigs to power plants and wind farms making it one of the most global industries in the world. This sector is characterized by its changing regulations, technology, and solutions to change. These conditions make staying in Read The Full Article →
