Smaller Businesses More Aware and Afraid of Cybercrime: Zurich Survey

Small to mid-sized businesses in the United States show more concern about cyber crime, including losing customer data, than similarly-sized businesses elsewhere in the world, according to a new survey from Zurich Insurance Group.

The survey also revealed that only three percent of those businesses feel they have the security measures in place to combat cyber crime.

Read more at http://www.advisenltd.com/small-business-more-aware-afraid-of-cyber-crime/

Erin Ayers, Smaller businesses more aware and afraid of cybercrime: Zurich survey (December 1, 2016), available with subscription at Advisen Cyber Front Page News.

D&O Insurance Needs are Growing for Small & Medium Enterprises

June 2016

While companies of all sizes have faced increasing exposure to Directors and Officers (D&O) losses in the past decade, research shows that small Private and Non-profit businesses have had the largest share of D&O losses and loss increase in terms of company size.

Are small and mediums enterprises (SMEs) ready to face this increasing exposure?

This infographic, which forms part of a series of infographics released by Advisen and Hiscox, shows the different claims types for private and not-for-profit SMEs. It also highlights the importance of D&O insurance in protecting an organization.

Click the link to view the full infographic: http://www.advisenltd.com/2016/06/13/do-insurance-needs-are-growing-for-small-medium-enterprises/

"D&O Insurance Needs are Growing for Small & Medium Enterprises [Infographic]". Hiscox | Advisen. N.p., 2016. Web. 13 Jun. 2016.