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Today’s small business owners face some serious exposures, including losses from cyber events and high employee turnover.
Businesses that had previous workers' comp claims were more likely to take advantage of safety training.
Renewed focus on customer service and workplace culture can help safeguard small businesses against an array of risks.
No business is too small to fall victim to cybercriminals, says Sam Shay of Socotra.
A survey from Pie Insurance highlights the less visible risks keeping business owners up at night.
By leveraging technology, brokers free up resources to apply the 'high touch' necessary to secure and nurture new business.
During the past 12 months, 42% of small businesses that suffered a cyberattack lost revenue because of the incident, the ITRC reports.
"The most common mistake that many business owners make is to blindly renew their insurance," says the U.S. Chamber of Commerce.
The U.S. Bureau of Labor Statistics reports that over the last two decades, around 20% of new businesses failed within the first two years.