The Impact of Cyberattacks on Small Businesses

While larger business may look more attractive to cybercriminals in terms of the monetary reward, small businesses experienced a 40 percent increase in ransomware attacks last year. According to Coalition’s 2022 Cyber Claims report, these events raised insurance claim costs by over 50 percent. Small businesses look more vulnerable and are seeing a growing number…

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Cybersecurity Tips for Online Shopping During the Holidays

During the holiday season, it’s often easier to shop online to find gifts for your loved ones. But while online shopping can save you the trip to the store, it also comes with cybersecurity risks. Online shoppers are often top targets for cybercriminals – especially during the holidays. In fact, according to a recent survey…

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Supply Chain Issues Affecting Craft Breweries

Most businesses have felt the effects of supply chain shortages and delays during the COVID-19 pandemic. Craft breweries are no exception, as they often need specialty ingredients, whether sourced domestically or overseas, for more exclusive beverages. With delays at ports and trucking shortages at home, consumers are continuing to see the price of alcoholic beverages…

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How Small Businesses Can Prepare for a Recession

A recession is a prolonged and pervasive reduction in economic activity. Generally speaking, multiple successive quarters of negative growth in gross domestic product – a monetary calculation of the market value of goods and services generated and sold during a set time period within a given country – constitute a recession. A recession can last…

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Harvard Pilgrim Departs CT Market: Understand Your Options for Commercial Insurance

Harvard Pilgrim Health Care, a not-for-profit insurer based in Massachusetts, has decided to depart the Connecticut market after a decade. Businesses offering employer-provided health insurance through Harvard Pilgrim will have to find another carrier or agent. By partnering with HUB/Ion Insurance, you can continue offering this incentive within your employee benefits package!  What to Know…

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