Add a Layer of Protection with Stop Gap Insurance

Stop Gap Insurance

Businesses large or small that employ staff have a responsibility to provide a safe working environment for employees. However, even when safety guidelines and protocols are followed, accidents and illnesses can occur and the employer may be held liable for damages. Typically, workers’ compensation policies contain coverage for employer liability, but in monopolistic states, this type of coverage is not included. Therefore, businesses need to invest in supplemental stop gap insurance to guarantee protection in the event of a claim.

When You Need To Supplement Your Coverage

Monopolistic states require employers to buy into a fund that provides workers’ compensation coverage. These states include:

  • Washington
  • Ohio
  • North Dakota
  • Wyoming

However, these state funds do not provide liability insurance for employers. To make up for this lack of coverage, stop-gap insurance should be purchased. This type of policy protects an employer against job-related accidents or injuries as well as illnesses that may have originated in the workplace. With this coverage, an employer is insured against allegations of unsafe working conditions.

Whether a business hires 10 employees or hundreds, supplemental stop gap insurance is essential if the company is in a monopolistic state that doesn’t provide employee liability coverage. Purchasing additional insurance is akin to purchasing peace of mind. Smart business owners understand that guarding against liability is critical for success and that this type of protection pays off in the long run.

Covering Your Design Firm with Professional Liability Insurance

Professional Liability Insurance

Engineers and architects leverage years of training backed up by professional licenses to design the facilities and public infrastructure that form the backbone of modern society. From bridges to buildings to major utility systems and more, these facilities originate from the specifications and blueprints drafted and detailed by design firms like yours. Despite the rigorous design and QA/QC methods you employ, mistakes do happen. Errors and omissions or E&O in your construction plans can have serious consequences, so you need professional liability insurance to cover lawsuits and damages that may arise from these oversights.

Understanding Who Needs Professional Liability Coverage

The process from developing initial schematics to final details is one that involves several roles and includes many steps. Errors and/or omissions at any stage can result in major problems, especially after a facility is erected including injury, loss of life and costly redesign and/or corrective construction. You should strongly consider professional liability coverage to cover the work of the following positions:

  • Structural Engineers and Designers
  • Civil Engineers
  • Geotechnical Engineers
  • CADD Technicians and Drafting Professionals
  • Mechanical Engineers
  • Safety Managers
  • Design-Build Consultants

Protecting the Future of Your Business

Whether you just need general civil engineer E&O Coverage or something that is specifically tailored for certain types of project delivery, it is important to have a plan in place. Many public owners require potential design consultants to maintain a certain level of professional liability insurance before entering into a contract. Protect your business with a complete insurance policy today.

The Benefits of Using Big Data Analysis

big data insurance

The Benefits of Using Big Data Analysis

The evolution of today’s modern computer technology continues to increase the type of information that businesses have access to. Increased storage capacity, interactive programs and applications and internet capabilities that continue to grow, have provided an invaluable resource that can be utilized to show trends that guide research and in some cases drive profits. When discussing big data, insurance, security and continuing education can help ensure that this information is utilized to the best of its potential both safely and efficiently.

Types of Fields That Can Benefit From Coverage

While the concept of collecting large amounts of data may not be anything new, technology today has made this possible on a much larger scale. Because of this, many types of institutions can benefit from this type of research. Some fields that can benefit most from big data include the following:






Big Data not only includes basic identifying information from the participants but can also include sensitive or confidential information. Because of this, having safeguards such as big data insurance may be even more crucial depending on the nature of your field. If you are an organization that utilizes this type of information, it is important to ensure that it is covered under your existing business insurance plan. If not, speaking to insurance professional the understands your cybersecurity needs can be a good starting point in finding ways to supplement your coverage.