Lockton Affinity, LLC, Author at Elevanta - Page 2 of 4

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So far Lockton Affinity, LLC has created 38 blog entries.

Fire Safety for Franchises

Fire safety for franchises is crucial. According to the National Fire Protection Association (NFPA), more than 8,000 structure fires in eating and drinking establishments are reported to U.S. fire departments each year, causing $246 million in property damage. While cooking equipment was the leading cause in these fires, electrical distribution and heating equipment were each [...]

By | March 4th, 2022|Risk management|0 Comments

Password Security: The Recipe for Better Cyber Safety

Franchise businesses are increasingly experiencing disruptions, not only from the pandemic, but from hackers as well. Cybercrime is at an all-time high in many industries, and with fewer security controls, small to medium-sized businesses are facing more than their fair share. Password security is your best recipe for cyber safety, protecting all your data, devices [...]

By | January 20th, 2022|Risk management|0 Comments

10 Insurance Terms Explained in Plain English

If it's your first time shopping for insurance for your business, insurance terms can be a real stumbling block. Even for old pros, a fresh perspective on a familiar topic can help you better understand what really matters. Here's a look at 10 common but confusing insurance terms explained in plain English to make your [...]

By | January 3rd, 2022|Insurance Tips|0 Comments

Winter Car Emergency Kit

If your business has a fleet of company vehicles, ensure they contain a winter emergency kit to keep your drivers safe should they get stuck in inclement weather:  

By | December 3rd, 2021|Risk management|0 Comments

Wintertime Risk Management Checklist

The approach of cold temperatures and wintery weather can lead to an increase in certain claims. The reasons for winter claims can vary, but all ultimately relate to the unique challenges posed by wintertime. It's easy to forget about these seasonal risks when the ice thaws and the sun comes out, but a quick refresher [...]

By | December 2nd, 2021|Risk management|0 Comments

3 Tips for Training Employees on Cybersecurity

Over the last few years, franchise businesses have become a favorite target of cyber criminals. Hackers have stolen password credentials, company records and customer credit card data from thousands of well-known establishments. Most franchise businesses do not consider themselves at high risk for hackers, but the consequences of a cyber attack are serious. Data breaches [...]

By | November 3rd, 2021|Risk management|0 Comments

A Guide to Switching Insurance

As your business insurance policy comes up for renewal, it's natural to wonder if you might be able to get a better deal or access better customer service. Perhaps you're reading this blog, but currently have coverage through someone else. As a business owner, switching insurance is particularly daunting. Finding coverage that protects your assets [...]

By | October 5th, 2021|Insurance Tips|0 Comments

5 Most Common Insurance Misconceptions

Lack of good information has led to plenty of misconceptions about franchise business insurance. We wanted to take the opportunity to set the record straight about the 5 most common insurance misconceptions out there. 1. All insurance is basically the same. It’s a common insurance misconception that all insurance is basically the same. The thought [...]

By | September 9th, 2021|Insurance Tips|0 Comments

Hurricane Preparedness for Franchises in an Above-Average Season

Experts recently revised this year's forecast for an above-average hurricane season with up to 20 named storms and nine named hurricanes. There have already been five named storms, with Tropical Storm Elsa causing damage and destruction from Florida to the Northeast, including dramatic flooding in New York City's subway system. In addition to the weather, [...]

By | July 28th, 2021|Uncategorized|0 Comments

BOPs for Fast Food Restaurants

Restaurant customers often order a combo meal, since it has everything most people need—entree, side and drink. Packaging a burger, fries and a soda into a combo meal makes a lot of sense, and it's similar to how a Business Owners Policy (BOP) works in insurance. A BOP makes it easy to get the standard [...]

By | June 29th, 2021|Insurance Tips|0 Comments