by Smith Brothers | Insurance
The past five years have seen the commercial property insurance market progressively harden, evidenced by consistent rate increases since 2017. However, according to industry data, such rate jumps showed some signs of stagnation in early 2022, with average increases...
by Smith Brothers | Insurance
Over the last few years, employers have been expanding their voluntary benefits offerings as a way to address their employees’ needs and improve overall attraction and retention efforts. While voluntary benefits have become increasingly important to employees as they...
by Smith Brothers | Insurance
When a data breach or other cyber event occurs, the damages can be significant, often resulting in lawsuits, and serious financial losses. What’s more, cyber exposures impact businesses of all kinds, regardless of their size, industry, or status as a private or public...
by Smith Brothers | Insurance
To assure continuity of a business’s operations, many companies use succession planning. This is the process by which talent from within the company is identified and developed to potentially fill key leadership positions. Succession planning increasesthe availability...
by Smith Brothers | Insurance
Cyber incidents—including data breaches, ransomware attacks and social engineering scams—have become increasinglyprevalent, impacting organizations of all sizes and industries. Such incidents have largely been brought on by additionalcyberthreat vectors and growing...
by Smith Brothers | Insurance
It is a trend today for mergers and acquisitions to have more condensed timelines than they used to, which can lead to lesstime for performing a due diligence review. A rushed due diligence process increases the number of risks that could slideunder the buyer’s radar...