The experienced brokers at PJO Insurance Brokerage can present your company with insurance coverage so your company will be protected. For professional consultants who provide services, the most likely policy is a Professional Liability Policy. This type of insurance coverage protects you and your company against claims by clients related to the performance of your work. These coverages can include: alleged errors or omissions and negligent acts resulting from you or your company’s performance and protection from loss of client data, negligence or non-performance claims. Also, please note that Professional Liability Insurance policies may also cover attorney fees and judgment awards; personal liability (libel and slander); intellectual property; and covers employees and independent contractors.
Las Vegas E-Commerce:
Electronic commerce, also commonly known as e-commerce, ecommerce or e-comm, refers to the buying and selling of products or services over electronic systems such as the Internet and other computer networks. However, the term may refer to more than just buying and selling of products online. It may include the entire online process marketing, selling, servicing developing, delivering and paying for products and services. With the incredible widespread use of the Internet, the amount of business done electronically has grown over ten fold. The use of commerce is conducted in this way, drawing and spurring in electronic funds transfer, Internet marketing, electronic data interchange (EDI), supply chain management, automated data collection systems and inventory management systems.
As a company’s e-commerce starts to flourish, there can be new risks that may appear and owners could constantly review their insurance program. There is big difference in online businesses and their brick-and-mortar counterparts, which present what challenging situations concerning insurance coverage. An example would be a small e-commerce company that operates in this matter: The company that owns the site conducts business from their office in the Las Vegas/Clark County, NV area, the “store” or server as it is called is based in San Francisco and a third-party fulfillment company that stores their products is based in Salt Lake City, UT.
Data security, in which the most commonly publicized areas of exposure involve unauthorized access to customer data and/or the dissemination of customer data by accident or through fraud. For online merchants, it becomes an added obligation to protect that data. If that information is exposed or compromised, there could serious potential cyber liabilities.