CYBER VS CRIME INSURANCE. WHAT’S THE DIFFERENCE?

Cyber and computer crime are among the leading risks facing businesses globally, with smaller businesses being particularly vulnerable. In Kenya alone, cybercrime costs the economy up to KES 20 Billion annually. When cybercriminals infiltrate a network, hold data hostage, or acquire sensitive data, the company they steal from can be exposed to huge losses. It…

UNDERSTANDING DIRECTORS & OFFICERS LIABILITY INSURANCE

What Is It? Do I Need It? Only large, publicly traded companies buy or need Directors & Officers (D&O) Liability Insurance. Smaller, privately owned businesses just don’t have the same level of exposure to create the need. The only potential claims, if any, would come from a disgruntled shareholder, if those even exist outside of the family. Right or Wrong? Wrong….

WHAT TO DO DURING A CAR ACCIDENT

Driving can be a risky proposition.  Whenever you are in a vehicle, there’s a risk of being involved in a road traffic accident.  Whether it’s a small or a major injury accident, knowing in advance what to do can help you avoid costly mistakes.  This guide discusses what to do immediately after an accident. Stop Immediately…

WHY YOU NEED A GOOD INSURANCE INTERMEDIARY

We know it can be hard to get excited by insurance. For the most part, it’s one of those things that we buy because we have to, not necessarily because we want to. But insurance matters, and having the right insurance in the event of a claim is vital. Anything less could result in your…