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The latest insurance articles, insight, and news from Ollis/Akers/Arney Insurance & Business Advisors.

Virtual Workplace Holiday Parties

Virtual Workplace Holiday Parties

December 8, 2020
At the end of the calendar year, workplace holiday celebrations are an experience that many employees look forward to as a highlight of the season. These celebrations are often a long-standing tradition allowing employees to celebrate with their colleagues—and sometimes family and guests. However, in response to the COVID-19 pandemic, many organizations are evaluating how…
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Cyber Liability Trends for 2021

Cyber Liability Trends for 2021

December 3, 2020
In 2020, the COVID-19 pandemic forced many businesses to send employees home to perform their jobs. Cybercriminals have found this new remote workforce a tempting target, unleashing phishing, malware and ransomware attacks. These threats exploit the weaknesses of many businesses’ cybersecurity systems. In 2021, businesses will see a continuation of these attacks and new, emerging…
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HR Consulting Shifts With Bank Needs

HR Consulting Shifts With Bank Needs

November 29, 2020
Karen Shannon, VP of Business Consulting/CHRO for Ollis/Akers/ Arney has been in the banking and human resources game for over 30 years. She and her team work with worldwide clients on key business and HR strategies which have resulted in cost savings upward of $7 million. A key component of Ollis/Akers/ Arney’s business consulting division…
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Construction Industry and The Internet of Things

Construction Industry and The Internet of Things

November 26, 2020
How the Internet of Things Can Benefit Your Workplace As workplace technology continues to advance across industry lines, the construction sector is no exception. Specifically, the Internet of Things (IoT) has quickly developed a reputation as one of the most promising technological advancements in the construction industry over the past decade. In fact, according to…
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Employee Benefit Plan Limits for 2021

Employee Benefit Plan Limits for 2021

November 24, 2020
Many employee benefits are subject to annual dollar limits that are periodically updated for inflation by the IRS. The following commonly offered employee benefits are subject to these limits: High deductible health plans (HDHPs) and health savings accounts (HSAs); Health flexible spending accounts (FSAs); 401(k) plans; and Transportation fringe benefit plans. The IRS typically announces…
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New Study Finds That Mega Claims Are on the Rise

New Study Finds That Mega Claims Are on the Rise

November 22, 2020
While any workers’ compensation claims can result in costly ramifications for your organization, one category of claim in particular—known as a “mega claim”—has the potential to carry significant consequences. True to its name, a mega claim is characterized as an exceptionally large claim—typically totaling $3 million or more in incurred losses. In the realm of…
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Cybersecurity Tips for Online Shopping During the Holidays - Infographic

Cybersecurity Tips for Online Shopping During the Holidays – Infographic

November 19, 2020
[Click image below for downloadable PDF version]
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Scope of Employee Benefits Changing to Meet Demand of Competitive Employers

Scope of Employee Benefits Changing to Meet Demand of Competitive Employers

November 17, 2020
The employee benefit landscape is constantly evolving, and business owners must keep pace. No longer is the traditional offering of basic medical and ancillary products providing employers with the competitive edge. In the battle to attract, retain and engage employees, data driven long-term strategic plans provide win/win opportunities for both employers and employees alike. A…
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Jeff Chronister-Construction Industry Changes

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…
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Work Comp Insights Utilizing Telemedicine

Work Comp Insights: Utilizing Telemedicine

November 10, 2020
In the world of workers’ compensation, it can be a challenge for employers to find a way to ensure high-quality, yet affordable care for an employee following a work-related injury. That’s where telemedicine can help. Telemedicine allows employees to receive medical services virtually after they’ve been injured on the job. Such an option can give…
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