3H Compliance Group’s Post

⚠️Are you certain your non-licensed insurance employees aren't performing tasks that require a license? We've compiled 13 activities they can perform, and 7 they cannot. Worth checking out - you can't be too careful! Exploring the Limits: What Non-Licensed Insurance Agency Employees Can and Cannot Do - 3H Corporate Services https://hubs.la/Q02S4xr00 #Insurance

"There’s no shortage of insurers or insurance policies for small businesses. However, most policies are designed to provide coverage for companies in general and not for the specific risks your business might face. For example, you won’t be covered for a potentially significant event like a product recall, a data breach or a professional error that costs your clients money. For these situations, consider taking out specialty insurance. The good news is that it can be much more competitively priced than standard insurance policies." https://lnkd.in/eBFYxX-R

"There’s no shortage of insurers or insurance policies for small businesses. However, most policies are designed to provide coverage for companies in general and not for the specific risks your business might face. For example, you won’t be covered for a potentially significant event like a product recall, a data breach or a professional error that costs your clients money. For these situations, consider taking out specialty insurance. The good news is that it can be much more competitively priced than standard insurance policies." https://lnkd.in/e4DV4W4a

🔍 What’s Shaping the Future of Insurance? Discover the major trends discussed at the latest insurance conferences and how they impact commercial insurance. 👉 Read our new blog: https://lnkd.in/gMd8yd5e #InsuranceConferences #CommercialInsurance #InsuranceIndustry

"There’s no shortage of insurers or insurance policies for small businesses. However, most policies are designed to provide coverage for companies in general and not for the specific risks your business might face. For example, you won’t be covered for a potentially significant event like a product recall, a data breach or a professional error that costs your clients money. For these situations, consider taking out specialty insurance. The good news is that it can be much more competitively priced than standard insurance policies." https://lnkd.in/eqmJnRKg

Navigating Regulatory Oversight in Insurance: Insurance carriers must comply with stringent regulatory oversight when appointing agents. This not only ensures accountability but also safeguards client interests. Are you up-to-date with these crucial regulations? 🌐 Explore our latest blog to understand the essentials and stay compliant. 👉 Read the full article: https://lnkd.in/dWuQTfgy #InsuranceCompliance #RegulatoryOversight #InsuranceCarriers #Agenzee

"There’s no shortage of insurers or insurance policies for small businesses. However, most policies are designed to provide coverage for companies in general and not for the specific risks your business might face. For example, you won’t be covered for a potentially significant event like a product recall, a data breach or a professional error that costs your clients money. For these situations, consider taking out specialty insurance. The good news is that it can be much more competitively priced than standard insurance policies." https://lnkd.in/g_Xc-UA2

Protecting the interest of your homeowner association is crucial! Learn about the importance of HOA Board of Directors Insurance. #HOAinsurance #boardofdirectorsinsurance #riskmanagement #CommunityProtection

Are you familiar with the rules and regulations that govern the activities of non-licensed insurance agency employees? Can they: * Inform insureds as to coverages indicated in the policy record? * Interview customers for the purpose of developing information as part of the completion of an insurance policy application? * Assist a licensee with advertising or mailing campaigns? It's important to have clear polices and procedures, along with regular training and oversight, to ensure that your agency's operations are compliant with all applicable regulations. This is an area where what you don't know CAN hurt you. Check out this informative post to help ensure your non-licensed employees aren't inadvertently engaged in non-compliant activities. Oh, and the answers to the questions above are: Yes, No, and Yes... #insurance #insurancecompliance https://hubs.la/Q02mfD8W0

Despite the importance of D&O insurance for private businesses, many organizations overlook this essential coverage due to common misconceptions about its relevance and benefits. Want to know why D&O insurance is crucial for your clients? Read the full blog and learn how to safeguard them effectively here: https://lnkd.in/d27kK544 #Insurance #DandOInsurance #Anzen #BusinessProtection #RiskManagement