The hospitality industry is booming in Austin, and we are here to assist any business in this field. The main businesses under this umbrella are going to be restaurants and bars; however, our services extend to venues, lodging, event planning and several other aspects of the industry.
The following are some of the Waterloo 365 services tailored to help transportation businesses:
Cyber Exposure Analysis: Underwriting cyber risk is hard. The threats are diverse and complicated – ranging from phishing and ransomware attempts to denial-of-service attacks and cloud-service interruptions – and they continue to multiply and evolve. We help insureds to realize what they are exposed to and then suggest the correct coverage to protect their businesses.
Website Review and Analysis: Business websites contain a lot of information, sometimes too much. We assess business websites and give them suggestions based on how an insurance underwriter will look at certain things. This is the first thing an underwriter is going to look at and there are a lot of things you can do to help how you are perceived.
OSHA Compliance: The insured who has prepared for the possibility of an OSHA inspection will find the inspection far less disruptive than the employer who has never given an inspection any thought or who claims “it will never happen here”. OSHA fines can be costly and range from $12,000 for first time violations to $120,000 for repeat offenders. We want to make sure our insureds are not subject to these costly penalties.
Safety Program Review and Development: A comprehensive management program designed to manage safety elements in the workplace. It includes policy, objectives, plans, procedures, organization, responsibilities and other measures. A good safety program leads to better losses and good loss history leads to lower overall cost of insurance.