Cyber Liability Insurance: Four Ways to Safeguard Your Small Business

Cyber Liability Insurance

Since big companies such as Target, with nearly 2,000 stores in the U.S., and Equifax, with more than $3 billion annual revenue, are targeted by cybercriminals, one might think small businesses would not need cyber liability insurance. This could not be farther from the truth. Unfortunately, small businesses also are targeted with depressing frequency. According […]

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Leading in the Insurance Industry: An Interview with KMRD Co-Founder and President Kevin McPoyle

Kevin McPoyle

The co-founder and president of one of the Mid-Atlantic region’s largest providers of risk management, insurance and human capital solutions discusses leadership, character, and what it means to care. With over 2000 clients, 35 staff members, and three offices operating in the Greater Philadelphia area, KMRD Partners is one of the nation’s fastest growing independent agencies […]

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7 Tips For A More Effective Insurance Claim

Involving the insurance broker in the claim can help policyholders better navigate the process and create a more effective insurance claim. Insureds should involve their insurance broker in the management of their insurance claims. Why? Because an effective claims advocate will maximize return on insurance investment and minimize the impact of poorly managed claims and […]

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Personal Lines Insurance

We combine the technical expertise and product knowledge with a dedication to service excellence designed to provide total peace of mind. Our experienced team of specialists can work with you to provide customized coverage options for most every risk exposure in and around the home. At KMRD, we make sure to locate and secure choices […]

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The importance of checking insurance provisions in a commercial lease

As insurance professionals, we can help insureds review the insurance provisions in their commercial leases prior to signing the documents. Insurance-related risks are not always obvious and could result in a costly uninsured surprise for commercial leaseholders. Read the full article >> (subscription may be required) Please direct questions and comments about this article to contactus@kmrdpartners.com

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Employers Prepare for Possible 6% PA Workers Compensation Insurance Rate Hike

PA Workers Compensation Insurance

Pennsylvania employers could face a 6 percent increase in workers compensation costs later this year. Employers may also witness a spike in claims formerly capped by Impairment Review Evaluations, as well as the possibility of past claims being reopened. This increase in the PA workers compensation insurance rate – the steepest rise recorded in the […]

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15 Construction Insurance Considerations to Help Manage Contractor Risk

construction insurance

Contractors should expect much more from their insurance brokers than to simply negotiate pricing and terms and conditions for their construction insurance programs. Safety, claims management, contractual risk transfer support, bid and accrual support, loss sensitive adjustment forecasting, construction defect allegation strategies and more are all important elements of a successful risk management program. Unfortunately, brokers […]

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6 Critical Insurance Provisions in Commercial Leases

insurance provisions in commercial leases

Make sure to allow your insurance professional to review the insurance provisions in commercial leases prior to signing the documents. Why? Because the insurance-related risks are not always obvious and might result in a costly uninsured surprise. Commercial lease agreements can be complex and time consuming to negotiate. Business owners often fail to consult with their P&C […]

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10 Situations When You Need Pollution Liability Insurance

Pollution Liability Insurance

Oil and chemical companies understand the need for pollution liability insurance coverage. But they aren’t the only ones with potential exposure to pollution-related incidents. In fact, many other types of companies have uninsured pollution exposures. And it’s possible there are literally thousands of companies exposed and unaware of the financial risk they currently face. We can’t know for sure […]

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