Small business, large risks
A majority of small business owners reported being confident they're adequately insured so they can focus on their core businesses. However. there are growing areas of concern and vulnerability. Our report found that these businesses are increasingly wary of issues regarding employment practices and related litigation. That concern increases with the number of employees the business has.
Here are four key areas of vulnerability SBOs reported.
Small business owners are finding themselves with a growing list of new concerns for their business — from group gatherings, to employee conduct. They're rapidly learning that being a small business doesn't protect them from big business problems. The opportunity is there for the proactive independent agent
to lead the charge, and make sure these businesses are properly protected.