Do You Need Business Insurance While Dropshipping?

| January 1, 2020

article image
Increasing numbers of entrepreneurs are getting interested in drop shipping. Why? The transaction is fast and easy. If you’re a reseller, your store doesn’t keep the items. Your supplies are coming from third-party suppliers. Here’s a simple explanation. If you want to sell something, but you have no means to store the items, your option is to coordinate with a dropshipping company. That company has a vast range of connections to various suppliers, typically, around the globe.

Spotlight

Pekin Insurance

We help our customers build their dreams. Or rebuild their lives. At Pekin Insurance,® we provide peace of mind and long-term security for our policyholders, shareholders, agents, and employees.

OTHER ARTICLES

3 ways AI is transforming the insurance industry

Article | February 24, 2020

As AI, big data, and the internet of things (IoT) find their way into every aspect of our lives, many industries are undergoing a transformation. “Insurance executives believe that artificial intelligence (AI) will significantly transform their industry in the next three years, with insurers investing in AI to empower agents, brokers and employees to enhance the customer experience with automated personalized services, faster claims handling and individual risk-based underwriting processes,” consulting firm Accenture forecasted in 2017.

Read More

IoT Combined With AI? A Revolution

Article | February 17, 2020

Data is the foundation of insurance, and two emerging technologies, the Internet of Things (IoT, and artificial intelligence (AI), are making that foundation more useful than ever. IoT allows internet-connected devices to send and receive real-time data. Insurers are increasingly using IoT data to streamline operations, improve customer engagement, offer discounts for and encourage healthy behavior such as safe driving and regular exercise, calculate risks more accurately, boost competitive advantage and streamline compliance.

Read More

Is Your Small Business Protected by Cyber Insurance?

Article | March 6, 2020

The expenses resulting from a data breach can be staggering. A cyber insurance policy can help you recover without putting your business at financial risk. Cyber insurance can help small businesses recover from a data breach – but finding the right policy for your business can be challenging. These tips will help you find the right cyber insurance policy.

Read More

INSURTECH AND RISK MANAGEMENT: RESHAPING RISK SCORING AND UNDERWRITING

Article | February 21, 2020

The vibrant combination of insurance services and technical innovation takes a swing at the insurance sector. Let’s look at the current state of the market and how it pushes insurers toward rethinking risk scoring and underwriting procedures. In a global sense, the insurance industry is safe and sound. The sector is growing steadily, showing overall profitability.

Read More

Spotlight

Pekin Insurance

We help our customers build their dreams. Or rebuild their lives. At Pekin Insurance,® we provide peace of mind and long-term security for our policyholders, shareholders, agents, and employees.

Events