Benefits for a Multigenerational Workforce: Meeting the Needs of Different Age Groups
AssuredPartners Blog
by AP Employee Benefits
5M ago
<p>In today's dynamic work environment, one of the most complex challenges faced by employers is managing a multigenerational workforce. From Baby Boomers who have decades of experience to Gen Zer's just starting their careers, each generation brings unique perspectives and expectations when it comes to the benefits that they value the most.&nbsp;&nbsp;</p> <p>One way to bridge this gap is through the strategic design of employee benefits packages that cater to an age diverse&nbsp;population. Let's see how you can tailor your benefits offerings to meet the needs o ..read more
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How Is Insurance Due Diligence Different From A Coverage Review?
AssuredPartners Blog
by Matt McFall
5M ago
<p>It is common practice for insurance brokers to provide a client or prospective client coverage reviews of a target Company&rsquo;s insurance program. The reviews are beneficial from a risk management perspective and typically include market pricing benchmarking. However, a coverage summary alone should not be confused as a substitute for a comprehensive due diligence work product.</p> <p>While thorough insurance due diligence will include a coverage summary section, it should go beyond this to address all matters that are &lsquo;deal impactful&rsquo; to a finan ..read more
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Celebrating Construction Appreciation Week: Honoring the Builders of Our World
AssuredPartners Blog
by AP Construction
5M ago
<p>Each year, during the third week of September, we celebrate Construction Appreciation Week&mdash;a time to honor the hardworking men and women who turn dreams into reality by building the infrastructure that drives our societies forward. Construction is the backbone of progress, and during this week, we pay tribute to the dedication, skill, and innovation of those who make it all possible. In this article, we'll explore the importance of the construction industry, the vital role of insurance and risk management, and how, together, they shape our world.</p> <p><stron ..read more
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The TRUE Cost of an Accident
AssuredPartners Blog
by Stuart Hope
5M ago
<p>You are completing the third leg of what has been a successful business trip, and as the plane touches down, there is a loud &ldquo;thunk.&rdquo; The pilot successfully maintains control of the aircraft and brings it safely to a stop. Fortunately, no one is hurt, but the deer and the airplane suffer a different fate. A quick check by the local mechanic confirms the aircraft sustained heavy damage and is not airworthy. Even though you have a good insurance program in place, you will now learn the many costs of an accident that are NOT covered by insurance.</p> <p>As ..read more
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Illinois Pre-Tax Commuter Benefits Requirement Set to Begin January 1, 2024
AssuredPartners Blog
by Nathanael M. Alexander, Esq.
5M ago
<p>With the enactment of the <a href="https://www.ilga.gov/legislation/fulltext.asp?DocName=&amp;SessionId=112&amp;GA=103&amp;DocTypeId=HB&amp;DocNum=2068&amp;GAID=17&amp;LegID=145418&amp;SpecSess=&amp;Session=" target="_blank" rel="noopener">Illinois Transportation Benefits Program Act</a> (HB 2068; P.A. 103-291), the state of Illinois has taken steps towards supporting more widespread use of public transportation services for employees who commute to and from work.</p> <p>Set to begin on January 1, 2024, employers covered under th ..read more
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What to Consider if You’re Using Drones for Aerial Application
AssuredPartners Blog
by Gina Ekstam
5M ago
<p>Do you own an unmanned aircraft system (UAS) / drone?</p> <p>Do you want to insure your drone?</p> <p>Until about a year ago, these were the only questions an insurance agent needed to ask regarding the use of drones for agribusiness operations. But today, there is one more VERY important question:&nbsp;<strong><em>What are you doing with your drone?</em></strong>&nbsp;&nbsp;</p> <p>Many agriculture policies adapted quickly to provide coverage for the drone itself and the liability created by operating the drone ..read more
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Explore Our Diverse Fall Webinar Series with CE Opportunities
AssuredPartners Blog
by APT Senior Living Team
6M ago
<p>As the leaves change color and the crisp autumn breeze sets in, it's the perfect time to engage in some professional development. Whether you're a seasoned healthcare professional or just starting your career, our Fall Webinar Series is designed to offer you a wealth of knowledge and help you stay current in the ever-evolving healthcare landscape. With topics ranging from quality assurance performance improvement to infection prevention, preventing pressure injuries, and medication management, this series promises to be an enriching experience for all attendees. Plus, you can earn val ..read more
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Resources, Capabilities, and Solutions For Government Contractors
AssuredPartners Blog
by Jim Stevenson
6M ago
<p><em><strong>Are you working a federal service or construction contract?</strong></em> Perhaps we can be of assistance. AssuredPartners stands above other insurance professionals nationally when it comes to our breadth of knowledge and experience within the government contracting market. Our Government Contractor Solutions (GovCon) team provides insurance solutions, as well as sought-after advice that contractors need to win and remain in compliance with Department of Labor regulations. Our highly specialized knowledge helps contractors remain compliant while pr ..read more
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Data Analytics and AI in Manufacturing
AssuredPartners Blog
by Patti Gander
6M ago
<p>The manufacturing industry continues to evolve and transform rapidly. The transformation and growth have been referred to as Industry 4.0 or the Fourth Industrial Revolution. With this transformation, manufacturers are moving towards a fully integrated manufacturing environment called a connected factory, as part of the Industry 4.0<em> </em>transformation. Here are some ways data and AI are and will continue to be used in manufacturing in the future:</p> <ul> <li><strong>Predictive Maintenance:</strong>&nbsp;The connected factory provides ..read more
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What does the 2024 ACA Affordability Decrease to 8.39 % mean to you? How will it affect your health plans?
AssuredPartners Blog
by Patrick Haynes, Esq.
6M ago
<p><strong>What does the 2024 ACA Affordability Decrease to 8.39 % mean to you?&nbsp; How will it affect your health plans?</strong></p> <p><em>As a result of the IRS&rsquo; updates released last week in </em><a href="https://www.irs.gov/pub/irs-drop/rp-23-29.pdf" target="_blank" rel="noopener"><em>Rev. Proc. 2023-29</em></a><em>, here are the key facts and take-aways that are most likely to impact the employee-facing costs for your Employer sponsored 2024 health/prescription drug plans.&nbsp; </em>There ..read more
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