Companies in the financial industry have access to numerous types of client records. Whether you are a CPA, a lawyer or an investment advisor, requests for records can come from multiple sources. What should you do if a request for …Read More
Reasons to Send an Engagement Letter
Simply put, an engagement letter is a contract between you and your client. Each new client or project, big or small, should start with a letter that is signed by both parties. These letters can be used as binding contracts …Read More
Frequently Asked Questions about Professional Liability Insurance
As a financial advisor, you need Professional Liability coverage for the services you provide. From disgruntled clients to fiduciary liability or even typos, the right coverage makes all the difference. What is the Difference between Professional Liability and E&O? Professional …Read More
Education Resources to Protect your Business
Lockton Professional has built a library of education resources and tools to help professionals like you. Whether you are accountant, financial advisor, attorney or architect, there are many ways you can protect your business from the risks you face each …Read More
Cloud Storage for Businesses
The cloud is a great piece of technology that can save storage space and technology funds. Working on the cloud can allow your company to be more efficient and cost-effective. But what are the threats to cloud storage for businesses? …Read More
The Importance of Business Owner’s Insurance for Accountants
As an owner of your own accounting firm, you never want to think about damage to your hard-earned business. Unfortunately, it’s a risk you face each and every day. Whether a fire shuts you down for months or a broken …Read More
How secure is your company’s data
Cyber Security is a growing concern for large and small businesses alike. As more and more company and client information is stored digitally, it is critical to protect that data. And if you store Personally Identifiable Information (PII), such as …Read More
The Importance of Screening Your Clients
The Importance of Screening Your Clients Landing a new client is often the result of weeks or even months of hard work. While the idea of a new prospect is exciting, it is important to screen them thoroughly before beginning …Read More
Does your business enforce a Bring Your Own Device Policy?
Companies in the financial industry are becoming more and more susceptible to the threat of cybercrime. In addition to Cyber Liability Insurance, companies need to take as many precautions as possible, like enforcing rules around Bring Your Own Device (BYOD) …Read More
10 Frequently Asked Questions about Cyber Liability Insurance
Companies in the financial industry are increasingly vulnerable to the menace of cybercrime. Cyber criminals are smart, and even businesses that take preventive measures can still find themselves vulnerable to a determined hacker. Learn all you need to know about …Read More