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Category: Risk Management
The latest insurance articles, insight, and news from Ollis/Akers/Arney Insurance & Business Advisors.
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Construction Industry Changes Require Dynamic Risk Management
November 12, 2020
Owning and operating a construction company in today’s world is remarkably challenging,” said Jeff Chronister, Accredited Advisor of Insurance (AAI) with Ollis/Akers/Arney. He cites aggressive competition, rapidly changing economic conditions, limited labor force and the evolving expectations of employees over the past few decades. “Owners have to wear multiple hats. Sometimes they have to be…
Read MoreStaff, Client Education Key to Success
October 25, 2020
“Frankly, I think education is the biggest thing we do,” says Jeff Eiserman, Certified Insurance Counselor working in Property and Casualty with Ollis/Akers/Arney Insurance and Business Advisors. “People come to us because insurance is really complicated, and they need good expert advice.” One of the biggest costs for some employers is workers’ compensation. “On an…
Read MoreMentor Relationship Leads to Customer Service Legacy
October 11, 2020
For three of the last four years an Ollis/ Akers/Arney Insurance & Business Advisors commercial risk account manager has won the National Alliance for Insurance Education & Research Outstanding Customer Service Award. Robin Talty (2017), Beth Kensinger (2019), and Ashlae Cook (2020) were each recognized for demonstrating outstanding service and professionalism within the insurance community…
Read MoreHow Is the Insurance Market Place Reacting to COVID-19 and Our Current Economy?
September 8, 2020
As we move into fall, our battle with COVID-19 continues. August brought Greene County an increase in new cases. Our seven-day rolling average increased from 35 cases per day in July to 88 cases per day throughout August, culminating in 143 reported cases on August 27. The largest number of cases are attributed to people…
Read MoreCalling All Restaurant Owners
August 30, 2020
Calling all Restaurant Owners! Many things have changed in the last few months. Not just in the way of business but also with our place in the world. We find ourselves quickly wondering what the future will look like, both as business owners and as human beings. It goes without saying that, if you own…
Read MoreCVSA Officially Reschedules Annual International Roadcheck
August 18, 2020
Due to concerns about public health and safety in the midst of the COVID-19 pandemic, the Commercial Vehicle Safety Alliance (CVSA) postponed its annual International Roadcheck back in March. While it was previously scheduled for May 5-7, the CVSA recently announced that the event has been officially rescheduled for Sept. 9-11, 2020. The International Roadcheck…
Read MoreThe Hard Market Has Arrived, Get Prepared
August 16, 2020
As we move into the second half of 2020, our battle with COVID-19 continues. Businesses are rightfully focused on this challenge and may not be prepared for another obstacle they are facing – the hardening commercial insurance marketplace. The “hard” market is causing premiums to rise and coverages to become more restrictive. We haven’t experienced…
Read MoreTop Reasons to Secure Cyber Insurance
August 7, 2020
Many organizations incorrectly label cyber insurance as a luxury purchase rather than a necessity. In fact, a recent survey conducted by insurance experts found that nearly 60% of small and midsized companies don’t have any type of cyber insurance. What’s worse, less than 30% of those companies feel inclined to purchase a such a policy…
Read MorePreparing for the Hard Market
June 28, 2020
The insurance marketplace is a funny place; pricing and availability can appear and disappear seemingly at random, and predicting changes is more an art form than a science. Some years, insurance buyers benefit from falling costs and expanded coverage. Other times, when markets harden, business owners must make tough choices regarding their insurance and loss…
Read MoreFighting the Coronavirus “Infodemic”
June 25, 2020
In addition to fighting the health effects of the COVID-19 pandemic, public health experts are also fighting the effects of what they refer to as an info-demic. Defined as an outbreak of misinformation, doctors across the country are saying that this infodemic is making it harder to treat patients. Moreover, this misinformation can lead to…
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