The Biggest Cyber Threats to Law Firms
Embroker Blog
by Mike McLean
5d ago
Risk is all around us. There’s the extreme physical kind, including earthquakes and sidewalk punchers. Then there are digital risks, like hackers who target individuals and businesses alike. That’s part of the reason why keeping track of the biggest cyber threats to law firms is so important. Law firms are increasingly targeted by cybercriminals due to the sensitive financial and confidential information they store digitally. This data may be more valuable to them than a safe full of cash. In fact, businesses are 67% more likely to experience a cyber incident than a physical theft, according t ..read more
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Law Firm Cyber Attack Response Plan
Embroker Blog
by Mike McLean
5d ago
As a lawyer, your clients trust you with their most confidential information, making you a prime target for cybercriminals who are increasingly targeting law firms. But, do you have a law firm cyber attack response plan? While we hate to be the bearers of bad news, there’s a good chance you’ll experience a cyber incident at some point in your career. According to a 2023 survey by the American Bar Association (ABA), 29% of law firms said they had experienced a security breach, while 19% reported not knowing if one had occurred.  At Embroker, we also release our Cyber Risk Index report each ..read more
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Do Law Firms Need Cyber Insurance?
Embroker Blog
by Mike McLean
2w ago
Do fish need water? Do humans need air? Do law firms need cyber insurance? Not to oversimplify the answer to the question, but yes. Cyber insurance should be seen as essential. That’s because cyber risk is an inherent part of the job these days, and the total cost of damages incurred by cybercrime is expected to reach $10.5 trillion by 2025. But you don’t have to panic. That is, if you have a cyber insurance policy in place. You don’t? Well, we’ve got you covered. Here’s everything you need to know about what cyber insurance for your law firm will cover, what it won’t, and how to get it.  ..read more
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What Does Home Inspector Insurance Cost?
Embroker Blog
by Mike McLean
1M ago
You may think that home inspector insurance costs are just additional business expenses you don’t need. But, as someone crawling into unknown and old homes, have you ever thought about the cost of not having insurance? Consider this: The cost of insurance can make all the difference between growing a successful business and having your professional ambitions jeopardized because of a mistake or injury. Switching insurance providers is easy. Let us show you. Upload your policy and let us get the process started. Upload Your Policy Home inspectors have a massive responsibility that requires ..read more
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How Much Does Real Estate Business Insurance Cost?
Embroker Blog
by Mike McLean
1M ago
Running your own real estate business isn’t all designer handbags and stilettos. Let’s face it, in spite of what Netflix might want us to believe, it’s very rarely that glamorous. Instead of selling sunsets, most realtors and brokerages are focused on selling properties. In fact, that’s what makes real estate business insurance so important. In a world where there are more realtors than houses to sell, time is money. That’s why we want to make sure you spend it wisely. Whether you’re looking to open your own real estate office or one with some partners, here’s how to make sure you’re properly ..read more
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How Much Does Real Estate Business Insurance Cost?
Embroker Blog
by Mike McLean
2M ago
Running your own real estate business isn’t all designer handbags and stilettos. Let’s face it, in spite of what Netflix might want us to believe, it’s very rarely that glamorous. Instead of selling sunsets, most realtors and brokerages are focused on selling properties. In fact, that’s what makes real estate business insurance so important. In a world where there are more realtors than houses to sell, time is money. That’s why we want to make sure you spend it wisely. Whether you’re looking to open your own real estate office or one with some partners, here’s how to make sure you’re properly ..read more
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CPA Insurance Cost: How Much Should Accountants Pay?
Embroker Blog
by Mike McLean
2M ago
As an accounting professional, having insurance is essential to the success of your business, but you may be wondering what to expect when it comes to CPA insurance costs. Or, maybe more importantly, what is the cost of not having it? After all, the accounting profession is complex, with numerous laws and regulations that accountants must keep up with while continuing to serve their clients. While the profession’s demands mean accountants and other financial professionals are typically detail-oriented, that doesn’t mean they won’t ever make a mistake. And when those mistakes happen, they can l ..read more
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January 2024 Newsletter: Insurance Tips for 2024
Embroker Blog
by Mike McLean
2M ago
Your insurance tips for 2024 are here. It’s January, which means many of us are still emerging from the post-holiday haze and pretending we haven’t already forgotten our New Year’s resolutions.  January often gets a bad rap. It’s hard to follow a month of glitter, gifts, and endless cheese – especially this year since Mother Nature has opted to kick off 2024 with deep freeze temps and relentless snow.  But, truthfully, January isn’t as bad as it’s made out to be. This is the month of fresh starts, new plans, getting down to business, and setting priorities for the rest of the year. 2 ..read more
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Embroker Launches New Financial Professionals Insurance Programs
Embroker Blog
by Embroker Team
3M ago
Today, we are announcing the release of our next insurance programs: Coverage for Financial Services Professionals. These professionals, including accountants, bookkeepers, and tax preparers, often face various risks due to the constant navigation of numbers, regulations, client needs, and cyber criminals. Today, we are excited to introduce a transformative solution – our Financial Services Insurance Programs – designed to elevate financial services professionals’ security and peace of mind. Built on Embroker ONE, Financial Services Professionals can now enjoy an industry-tailored, single-appl ..read more
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Embroker and SecurityScorecard Announce Partnership to Enhance Cybersecurity Insurance
Embroker Blog
by Embroker Team
4M ago
Today, we are announcing our partnership with SecurityScorecard, a renowned authority in cybersecurity ratings. In joining forces, our two organizations continue to improve the insurance buying process for businesses by integrating cybersecurity hygiene directly into the process. This partnership is a win for policyholders as companies with an A grade from SecurityScorecard are now eligible for up to a 10% discount on their Technology E&O/Cyber Liability policies. To see if you qualify, get your free SecurityScorecard account here.  A Fusion of Expertise Embroker’s reputation for inno ..read more
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