The Multi-Factor Authentication (MFA) controls described below are now the minimum controls required by more and more cyber insurance carriers as policies come up for renewal. MFA is expected to become the cyber insurance underwriting standard before long.
What is Multi-Factor Authentication?
This is the first time in a long time that the word ‘uninsurable’ is being commonly used related to business property insurance renewals. It’s not so much that insurance coverage isn’t available, but too often the cost, particularly in wildfire areas, is making it unaffordable. Premiums are much higher than most insurance buyers are willing to pay.
To achieve affordable property insurance in a “wildfire” area, buyers must evaluate their risk tolerance for increased deductibles and for sharing risk with insurance carriers and others.
I recently received this blog from futurist, Peter Diamandis, related to raising capital for start-up companies over Zoom. It’s a powerful message about how to use Zoom for our advantage.
Since just about everything translates into the insurance world for me, I immediately thought of all of us, everyone who intersects with the VANTREO world, and how Peter’s message can help each one of us stand out and achieve more over Zoom.
Please see below. I made a few edits to move the advice beyond a venture funding pitch to creating confidence every time we communicate via Zoom.
ThinkHR, provides the tools and guidance businesses need to manage the day-to-day risks of employing people. www.ThinkHR.com
This robust online resource is available to VANTREO commercial clients and can be added to your Instant Access dashboard... If you are interested, just Reply here.
HR IMPACTS OF THE AMERICAN RESCUE PLAN ACT (ARPA)
“Is loss of business income resulting from the COVID-19 pandemic covered under business property insurance policies?”
As this question steadily navigates its way through the insurance claims process throughout the country, more than 1,000 complaints have been filed in state and federal courts against insurance companies in an attempt to establish that coverage does exist.
While insurance is governed individually by state, here’s a quick update on the top three COVID-19 insurance issues nationally and where they stand today:
“90% of top performers score high on emotional intelligence; just 20% of low performers score high on emotional intelligence — The more emotionally intelligent you are, the more likely you will be a top performer. Given this statistic, it is extremely unlikely that anyone with a low emotional intelligence will become a top performer. Pulse Dec 10, 2018