Lockton Affinity, LLC, Author at Smoothie King - Page 3 of 4

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So far Lockton Affinity, LLC has created 32 blog entries.

The Anatomy of EPLI for Franchises

Employment practices liability insurance protects your business from common claims and lawsuits brought by your employees. The number of lawsuits in the industry is rising and the cost to defend yourself against a claim can be substantial. Now more than ever it’s important to make sure your business is protected. Even though employment practices liability [...]

By | March 18th, 2022|Insurance information, Insurance tips, Quick service industry|Comments Off on The Anatomy of EPLI for Franchises

Fire Safety for Franchises

Fire safety for franchises is crucial. According to the National Fire Protection Association (NFPA), more than 8,000 structure fires in eating and drinking establishments are reported to U.S. fire departments each year, causing $246 million in property damage. While cooking equipment was the leading cause in these fires, electrical distribution and heating equipment were each [...]

By | March 4th, 2022|Franchise safety, Risk management|Comments Off on Fire Safety for Franchises

Risks and Benefits of Parking Lot Improvements

Parking lot improvements can make a big difference for the customer experience and curb appeal of your restaurant business. Every parking lot poses a risk for cars, pedestrians and property, as customers and employees can be involved in accidents and cause damage. Improperly maintained parking lots may pose an increased risk for your business. However, [...]

By | March 4th, 2022|Risk management|Comments Off on Risks and Benefits of Parking Lot Improvements

3 Tips for Training Employees on Cybersecurity

Over the last few years, franchise businesses have become a favorite target of cyber criminals. Hackers have stolen password credentials, company records and customer credit card data from thousands of well-known establishments. Most franchise businesses do not consider themselves at high risk for hackers, but the consequences of a cyber attack are serious. Data breaches [...]

By | January 24th, 2022|Franchise safety, Risk management|Comments Off on 3 Tips for Training Employees on Cybersecurity

Password Security: The Recipe for Better Cyber Safety

Franchise businesses are increasingly experiencing disruptions, not only from the pandemic, but from hackers as well. Cybercrime is at an all-time high in many industries, and with fewer security controls, food-based businesses are facing more than their fair share. Password security is your best recipe for cyber safety, protecting all your data, devices and systems [...]

By | January 20th, 2022|Franchise safety, Risk management|Comments Off on Password Security: The Recipe for Better Cyber Safety

10 Insurance Terms Explained in Plain English

If it's your first time shopping for insurance for your business, insurance terms can be a real stumbling block. Even for old pros, a fresh perspective on a familiar topic can help you better understand what really matters. Here's a look at 10 common but confusing insurance terms explained in plain English to make your [...]

By | January 3rd, 2022|Insurance information, Insurance tips|Comments Off on 10 Insurance Terms Explained in Plain English

Wintertime Risk Management Checklist

The approach of cold temperatures and wintery weather can lead to an increase in certain claims. The reasons for winter claims can vary, but all ultimately relate to the unique challenges posed by wintertime. It's easy to forget about these seasonal risks when the ice thaws and the sun comes out, but a quick refresher [...]

By | December 2nd, 2021|Franchise safety, Risk management|Comments Off on Wintertime Risk Management Checklist

5 Most Common Insurance Misconceptions

Lack of good information has led to plenty of misconceptions about franchise business insurance. We wanted to take the opportunity to set the record straight about the 5 most common insurance misconceptions out there. 1. All insurance is basically the same. It’s a common insurance misconception that all insurance is basically the same. The thought [...]

Building a Risk Management Program

As a franchise owner, you know that things don't always go according to plan. Success always involves some amount of risk. Discover how building a successful risk management program for your franchise can help manage those risks, better protect your employees and guests from harm and shield your business from associated costs. Fundamentals of Your [...]

By | September 28th, 2021|Insurance information, Risk management|0 Comments

Cyber Security Tips for Franchises

Over the last few years, franchsies have become a favorite target of cyber criminals. Hackers have stolen password credentials, franchise business records and customer credit card data from some of the biggest names in the industry. The consequences of a hack are serious. Claims and legal fees routinely cost businesses more than $1 million and [...]

By | September 28th, 2021|Franchise safety, Risk management|0 Comments