Professional Lines Archives - Jencap, Inc. (2024)

Unless you've navigated a recall event before as a business, there's a good chance you don't understand the critical role product recall insurance plays in protecting a company's assets and reputation—or how quickly financial losses begin to pile up during a recall...

In life and business, mistakes are inevitable. Some are minor and easily fixed, while others are costly and — in the most extreme circ*mstances — business-ending. Errors and omissions (E&O) coverage, a specialized type of professional liability insurance, is...

When it comes to professional lines risks and exposures, the rules of the game are ever-changing. The world of professional insurance is incredibly nuanced and complex. Business risks and coverage needs can vary dramatically, from industry to industry and from...

A new year marks a new beginning, with hope, anticipation, and curiosity for what the coming months may bring. And in a dynamic industry like insurance, you never know with absolute certainty what might be just beyond the horizon. Stepping into 2024, we asked Jencap’s...

In a world where technology seems to leap further and further ahead each day, artificial intelligence (AI) remains a transformative force, revolutionizing industries across the board. Insurance agents and their clients are witnessing a complex paradigm shift as...

Professional liability insurance protects business professionals and their companies against claims due to professional errors, mistakes, negligence, or omissions. Unfortunately, professional liability coverage forms aren’t always straightforward, and policy terms and...

We all can appreciate the conveniences of technology in our lives. That convenience along with digital interconnectedness have given rise to a multitude of cyber risks that threaten organizations of all sizes and types. The cost of these annual cyber threats in the...

QR codes have become commonplace in our everyday lives. With a quick scan from a smartphone camera, they offer a fast and easy way to find additional information, access services, or process payments. However, scammers have found ways to take advantage of their...

No business wants to think they might be at risk for a professional liability lawsuit. In an ideal world, most businesses would have happy and satisfied customers because their needs were met properly and completely. In reality, however, even highly skilled...

While technology can improve efficiency and convenience, it's not without risk. Technology E&O insurance protects businesses and their staff from negligence, mistakes, and cyber threats. Learning what E&O insurance is and is not will help you better meet your...

GoDaddy, an internet domain registrar and web hosting company, recently disclosed that they experienced three cyber attacks in the past three years. Through these attacks, hackers stole GoDaddy source code, employee login info, and sensitive customer account data....

Across the board, we’ve seen a rise in cybercrime over the past few years, and the healthcare sector is being hit especially hard. HIPAA Journal reports that between 2009 and 2022, there were a combined total of 5,150 healthcare data breaches of 500 records or more....