We all know the feeling of excitement that comes with planning a trip. The sense of adventure and anticipation is hard to beat. But before you can start packing your bags and heading for the airport, did you check if you purchased travel insurance as a backup to any mishap? Travel insurance in Hong Kong provides financial protection in the event of an emergency while traveling. … [Read more...] about Travel Insurance Hong Kong: How to Buy Travel Insurance Online
Insurance
AI for Fraud Detection in Insurance Claims
Insurers look at claims data from various sources to identify fraudulent practices and fraudulent activities. Insurers rely on a variety of tools and processes to identify fraudulent practices in the claims data they receive. However, many companies struggle with this task. An accurate fraud detection process is critical for any organization that offers insurance products or … [Read more...] about AI for Fraud Detection in Insurance Claims
How General Liability Insurance Can Protect Small Business
Accidents are bound to happen. Sometimes, the fault may be on your side, requiring you to cater for the damages. The general liability insurance policy covers damages caused by yourself or your business. However, the coverage only applies when the accident occurred, not from your mistakes, negligence, or misinterpretations. The policy is standard with many companies, although … [Read more...] about How General Liability Insurance Can Protect Small Business
What Is a Captive Insurance Company? – A Quick and Simple Answer
Insurance coverage can be one of the larger expenses for your business. Depending on your location, your industry, and your claim history, it may be difficult to find affordable insurance that also covers what you need. One option that some companies use is a captive insurance company, or a captive. This type of company can provide solutions for some of the trickiest insurance … [Read more...] about What Is a Captive Insurance Company? – A Quick and Simple Answer
Why Is Insurance Important? 3 Reasons You Need Business Insurance
In the United States, about 600,000 new businesses start every year. If you’re one of the entrepreneurs who just established a business, thumbs up! As a business owner, one thing you must spend on is insurance. But why is insurance important? A good number of owners are often reluctant to purchase business insurance because the monthly or yearly premiums can really take a toll … [Read more...] about Why Is Insurance Important? 3 Reasons You Need Business Insurance