Managing franchise risk is key in today’s quick-to-sue culture. Problems with customers and employees are not uncommon and can result in claimed damages and injuries for which the franchisee is often blamed. Lawsuits that follow can take years to resolve, [...]
Employee safety training keeps valued team members safe and protects your business financially — key goals for any franchise business, considering the high volume of QSR workplace injuries. But how a business approaches safety training also matters. Most QSR businesses [...]
Some risk is normal when you’re a business owner. The challenge is what to do about it. Fully assessing what your risks are, what aspects of your business could be affected and what to do about each exposure can be [...]
It’s rare in this day and age to have your call answered by a real person, even more so if they’re knowledgeable about your industry risks and have real solutions that make a difference for your business. But that’s what [...]
Storms, floods and hurricanes are common summer weather events that pose a serious threat to your Smoothie King franchise business. Commercial damage alone totals about $9 billion a year. The risks are heightened if your business is in an area prone to [...]
Exposure to even a small amount of water can quickly result in damage to your franchise’s property. For insurers, water damage is one of the most common types of property claims, initiating somewhere between 15% and 50% of commercial property [...]
What challenges will franchise owners most likely face in 2025? Many industry experts say to expect continuing challenges involving inflation and food prices, while others speculate employment and worker wages will be areas of concern. When it comes to navigating [...]
Franchise businesses face many risks — physical damage to property, liability for customer injuries, employee injuries, cyber attacks and more. While insurance exists to protect your business against the costs of these types of incidents, your organization can also do [...]
While this month is National Fire Prevention Month, fire safety should be top of mind for business owners throughout the year. In 2022 alone, non-residential structure fires reported to fire departments resulted in 1,400 injuries, 150 deaths and over $4 [...]
Originally published September 28, 2021. Last updated July 30, 2024. Have a question about your insurance? You’re not alone. Choosing the right insurance for your business is one of the most important decisions you’ll make for it. Business coverage options [...]
LOCKTON AFFINITY, LLC.
10895 Lowell Avenue, Suite 300 | Overland Park, KS 66210
(866)-222-2649 | [email protected]
MAILING ADDRESS: PO Box 410679 | Kansas City, MO 64141
The Smoothie King Franchisee Insurance Program is administered by Lockton Affinity, LLC d/b/a Lockton Affinity Insurance Brokers LLC in California #0795478. Coverage is subject to actual policy terms and conditions. Policy benefits are the sole responsibility of the issuing insurance company. Coverage may be provided by an excess/surplus lines insurer which is not licensed by or subject to the supervision of the insurance department of your state of residence. Policy coverage forms and rates may not be subject to regulation by the insurance department of your state of residence. Excess/Surplus lines insurers do not generally participate in state guaranty funds and therefore insureds are not protected by such funds in the event of the insurer’s insolvency. Smoothie King will receive a royalty fee for the licensing of its name and trademarks as part of the insurance program offered to the extent permitted by applicable law.
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