National Insurance Awareness Day

It’s National Insurance Awareness Day and there’s no better time than now to review your policies and make sure your business has the right coverage.  You need protection to reduce your risks against property damage caused by theft, natural disasters, loss of income, liability claims, and more. Insurance policies are the most common way to transfer risk and protect everything from employees to assets to operations. To recognize this day, we’ve included three steps business owners can follow to ensure you have the right coverage in place.

1. Set up a meeting with your risk advisor:

Sitting down with your insurance advisor and reviewing your policies is a great way to make sure you have the appropriate coverage. In-depth reviews can shed light on where possible gaps in your coverage may lie or at least prove you have adequate coverage limits. It also gives you a chance to go over things that may require a modification to your policies like new hires, products, or services.

2. Ensure employees are familiar with safe workplace practices:

Workplace injuries can amount to thousands or even millions of dollars as well as slowing down your workforce and business’s production. Worker’s compensation insurance is designed to protect your business and employees, but the ideal situation is to avoid injuries altogether. A helpful way to do this is scheduling time with your associates to review best practices for safety in your workplace.

3. Make sure the proper cyber security policies are in place.

A fast-growing problem in this modern business landscape is the risks posed by cyber security. It’s important to realize anyone can be targeted by cybercriminals and no account or business is too small to protect from a cyber-attack. The best course of action is to know what actions to take if a breach occurs; secure the business, have a plan in place, and ensure all workers know the proper corresponding protocols for preventing and responding to a breach.

These few simple steps can give you peace of mind and can help you ensure that your business has the right coverage where it counts. For any questions you may have about your business insurance coverage and to learn more about our full line of risk management solutions, please contact our team of advisors at The Prewitt Group.

Chubb has bestowed its Cornerstone designation on The Prewitt Group. Of the approximately 2,300 personal lines insurance agencies and brokerages that work with Chubb North America Personal Risk Services, fewer than 12 percent have earned the Cornerstone designation.

Chubb is a premier provider of personal insurance and is known for its Masterpiece® products and services designed for the owners of custom and historic homes, luxury automobiles, yachts, fine arts, antiques, other valuable possessions, and excess personal liability.

“It is truly an honor to have earned the Cornerstone designation with Chubb. The Prewitt Group is committed to, and excels in, providing the best available options to our successful clients, and we look forward to continuing our strong partnership with Chubb in the years to come,” said Brian Fleury, The Prewitt Group COO.

As a Cornerstone agency, The Prewitt Group will receive several benefits, enabling it to address clients’ insurance needs faster and more efficiently. The agency’s staff will be able to work with Chubb’s most experienced underwriters and risk consultants. Chubb will assign a claim specialist to the agency. In addition, agency employees will have preferential access to educational Chubb seminars to enhance their client service and agency management skills.

About The Prewitt Group

J.R. Prewitt & Associates was founded in 1974 by John R. Prewitt, Jr. on the basis of offering clients a wide array of risk management services including commercial, personal, life, and health, professional liability, workers compensation and bonds. In 2018, J.R. Prewitt & Associates transitioned to The Prewitt Group, one of the few family-owned agencies in the southeast serving over 4,000 clients and representing over two dozen insurance carriers. The Prewitt Group is committed to understanding the customer’s needs and delivering custom insurance solutions in order to obtain the highest level of client satisfaction. For more information on The Prewitt Group, visit www.prewitt.group.

About Chubb

Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 31,000 people worldwide. Additional information can be found at: www.chubb.com.