GDPR: Managing cyber risks and business insurance

DAVID STARKS | April 18, 2018

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The new laws on data management within the General Data Protection Regulation impact on all businesses that hold personal information on EU citizens. This means that millions of UK businesses are currently auditing and improving their data control systems. It mandates companies to make tangible and measurable changes to the way in which data is gathered, stored, used and disposed of.

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Harford Mutual Insurance Company

Harford Mutual, named a TOP WORKPLACE by The Baltimore Sun Media Group in 2017 and Employer of the Year by the Maryland Chapter of the CPCU Society in 2016, is a provider of property and casualty insurance products and services for businesses. We offer tailored coverage coupled with claims service that is fast, fair and responsive. Our products are sold by local independent agents in DE, GA, MD, NC, NJ, PA, SC, TN, VA, and the District of Columbia.

OTHER ARTICLES

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.

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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.

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How Are Chatbots and Artificial Intelligence Are Adding Value To The Insurance Sector

Article | April 7, 2020

Chatbots are capable of providing one-on-one consultancy to website visitors, customers, as well as internal employees. In the insurance industry, this is vital, as it is a large, complex industry that customers and employees alike may have questions about. Where do chatbots fit in within the insurance industry? One of our chatbot experts has crafted a list of key areas for chatbots in the insurance industry.

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INSURING FARM VEHICLES: DO I NEED COMMERCIAL AUTO INSURANCE OR AGRIBUSINESS INSURANCE?

Article | March 5, 2020

If you are in the field of agriculture, agribusiness insurance can help protect your entire business, including your farm equipment. If you have vehicles used on your farm or in your business, you will likely want to include commercial vehicle insurance in your agribusiness insurance package. Our knowledgeable agent can advise you on the insurance coverage you need and help you find the best available rates for that protection.

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Spotlight

Harford Mutual Insurance Company

Harford Mutual, named a TOP WORKPLACE by The Baltimore Sun Media Group in 2017 and Employer of the Year by the Maryland Chapter of the CPCU Society in 2016, is a provider of property and casualty insurance products and services for businesses. We offer tailored coverage coupled with claims service that is fast, fair and responsive. Our products are sold by local independent agents in DE, GA, MD, NC, NJ, PA, SC, TN, VA, and the District of Columbia.

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