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Private company decision makers need D&O insurance

By agent, bankrupt, Business Insurance, company, competitors, creditors, D&O, decisions, directors, frequency, governmental, independent, individuals, Insurance, lawsuit, liability, management, mergers, officers, partners, private, protect, severity, shareholders, small, sue, suit, suppliers, vendors
private-company-owners

Owners of private companies without shareholders often believe they do not need directors and officers liability coverage. The misconception takes hold, I believe, because small, privately held companies often have no formal board of directors or shareholders – which seemingly limits exposure to lawsuits and dismisses the need for D&O liability coverage. While logical, this could not be further from the truth.

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Strengthen your data privacy practices

By access, agent, breach, business, Business Insurance, claim, compliance, confidential, control, cyber, data, electronic, HIPAA, independent, information, Insurance, loss, negligence, physical, prevent, privacy, private, proprietary, protect, protected, release, scam, secure, security, threat, unauthorized, vulnerabilities, vulnerability, vulnerable
data-privacy

Your business, whatever its size, most likely processes and maintains information every day. At least annually, take time to review your data privacy practices to reinforce your information security and to reassess your cyber protection.

The post Strengthen your data privacy practices appeared first on The Cincinnati Insurance Companies blog.

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