Why Your Insurance Agency Needs to Consider a Cloud Solution

To be successful in today’s market, your insurance company needs to be constantly moving forward, keeping up with the competition and enhancing its reputation. Normally, insurance companies have a business continuity plan that helps you to adapt to different working practices and technology while continuing to run at the best capacity.  Often, these plans include adoption of a cloud solution.

Security and BDR

The worst thing that can happen to any company is the loss of critical and sensitive data. The loss of reputation and physical cost can close businesses for good. This is much more likely to happen if you depend solely on in-house hardware systems. If you have a break-in, or even a flood, all of your hardware backups will be useless. Using a cloud storage solution provides a backup and disaster recovery system that doesn’t rely on data stored onsite. Data can be backed up incrementally, meaning you pay less for storage as no data is stored more than once. Read more. . .

695 Views

How a Private Cloud Could Benefit Your Insurance Agency

In today’s market, the majority of businesses have become cloud-based. Cloud services have two options – public and private. A service vendor on the public cloud will provide applications storage and other resources to multiple companies using its own servers. The private cloud is an infrastructure that is solely for one business to house and distribute their data and apps. Private clouds can be kept on the business’s own servers, or through a third party.

Deciding which type of cloud you need will always depend upon the types and volume of sensitive data your company handles and regulatory data protection requirements that are relevant to them. Those businesses that specialize in financial or medical data have to comply with strict rules around the control and security of their information. As an insurance company, you will see a lot of financial and medical data in your files so a private cloud could be right for you. Read more. . .

656 Views

The Benefits of Remote Work Capability for Your Insurance Agency

More and more insurance companies have begun to see the benefits of employing remote workers. Remote working does not mean the end of the office culture, there will always be a need for a hub. What remote working does offer is a more fluid alternative to the ‘presenteeism’ of in-house staff.

So what are the benefits for your insurance business?

Attracts and retains staff

Offering remote work employment can be a great way to tap into a whole new field of workers in the digital market, with many people now preferring to work from home due to other commitments such as child care. This flexibility has a positive effect on staff morale, which can mean higher insurance sales than when your workers are in the office worrying about getting back to pick up the children. Finding employment that can work around obligations means employees are less likely to leave. Read more. . .

750 Views

3 Ways to Keep Client Data Safe

Whatever your business specializes in, you’re going to have sensitive client data on your system. That information could include names, addresses, bank details, etc., and all that information can be very handy to a hacker.  Your customers trust you with their details, in belief that you are going to keep it all confidential and safe from prying eyes. Your client data security will determine the success or potential damage to your business.

If that sensitive information falls into the wrong hands it’s not just your business that can suffer. In the majority of such cases, it’s illegal to not protect client information. The federal Fair Credit Reporting Act will heavily fine companies that don’t provide enough security for sensitive client details. Read more. . .

726 Views

Cybersecurity Tips for Your Insurance Agency

The internet has brought the world together through speedy communication. It allows us to share ideas, programs, images, and various other forms of media in the blink of an eye. But so much connectivity also brings its fair share of problems, often related to security. Web attacks can come from anywhere, be it from dangerous malware or the attempts from a hacker. For a business, being unprepared for these malicious strikes can be devastating, especially when those attacks are able to obtain sensitive data like insurance. If your company is sweating the cyber-attack, here’s a few tips to protect precious business information. Read more. . .

640 Views

How to Deal With Unnecessary Email Spam

Running an insurance company is hard enough without having to deal with the mountain of spam email that clutters up your inbox. Don’t get me wrong, some of it may actually be useful. Offers from companies you’ve previously done business with for example, may send helpful blasts, but the majority of it simply gets in the way of important messages you’re trying to find. Some of it isn’t simply useless, it can be dangerous. Behind that email telling you you’ve won a gift card you never applied for can lurk some very dangerous viruses. If they get into your system they have the capacity to harm your device, disrupt your business and potentially spread to the other people in your address book. Read more. . .

740 Views

5 Cybersecurity Tips for Your Insurance Agency

Cybercrime is becoming more and more common – and no business is immune. Smaller businesses don’t always have the money or resources to protect themselves properly and are more vulnerable to attacks.  Large businesses tend to overlook threats and end up just as susceptible to hackers looking for information.  Insurance agencies’ collections of personal and financial data make them a uniquely attractive target for cybercrime – hacking for theft. What measures are in place to protect your insurance agency? Read more. . .

688 Views

6 Signs Your Business Needs A New Managed Service Provider

IT has become a core component to most modern businesses, especially those handling important client data. If you’re a mid-size company or bigger, you probably have an IT department. Whether it’s a few experts or a whole team, IT handles the technical issues of a business, whatever this entails. In some cases, companies outsource this to a Managed Service Provider, a third party handling your IT needs. This has its benefits; however, no MSP is perfect. If you currently feel like you MSP is not performing to standards, here are a few things to look out for when considering whether a change is needed. Read more. . .

922 Views

How Your Insurance Agency Can Benefit From BYOD

More and more businesses are finding out the truth that Michael Finneran was telling people way back in 2012: fighting BYOD is a losing battle. It’s here, and it’s not going anywhere. Sometimes we just have to bow to the inevitable. But other times, like this, we should welcome it with open arms. BYOD is set to transform how employees interact with each other, their work networks, and their jobs. It also has some specific advantages for our industry.

So, how can BYOD benefit your insurance agency? Read more. . .

1010 Views

5 Mistakes Made in Internet Security

As modern businesses become more and more dependent on the internet and technology to expand their growth, whether it is to reach out to the customers or to manage their workload, it has become more and more important for such organizations to keep their networks secure. Any data breach in the networks can completely halt the functioning of their internet-based business. And it’s not just the big organizations that have a security threat looming, small businesses also face the same threat. But, small business heads shouldn’t focus too much of their resources to protect themselves from the security threats. They should just focus to eliminate some common internet mistakes that often put your business in risk. Here we have compiled together some common internet security mistakes you and your staff should be aware of: Read more. . .

962 Views