In this article for Entrepreneur, CIC Services’ Randy Sadler discusses the surging rates of crime and the necessity for commercial insurance. Sadler dives into property and supply chain crime and their effect on commercial businesses. He goes on to explain how captive insurance solutions can provide coverage for this type of risk.
In this article for Entrepreneur, CIC Services’ Randy Sadler discusses the complexity and nuance of business interruption insurance. Sadler then goes on to discuss how traditional forms of insurance may fall short when it comes to issues like natural disasters and pandemics, leaving your company vulnerable.
The business landscape has drastically changed in the past two years, as the pandemic fast-tracked technological advances. According to a McKinsey Global Survey, companies have accelerated the share of digital or digitally enabled products in their portfolios by a whopping seven years since Covid-19 became a global phenomenon. They are leveraging emerging technologies in areas such as cloud computing, cybersecurity, artificial intelligence (AI), telehealth, tools supporting decentralized or remote workforces, and robotics.