Topics: Loss Control
Think of your favorite coffee shop, with its calming atmosphere and enticing aromas. From an insurance perspective, it might not be the first business type that comes to mind as having a multitude of insurance risks; however, when you examine them closely, there’s more than you might expect. In fact, according to our recent Restaurant Risk Report, compiled from a review of restaurant class codes as a means to reveal emerging industry trends, cafes and coffee shops actually yield the highest amount of lost time in the workplace due to employee injuries, with 45 percent more time lost than all other restaurant types.
Cybercrime is persistent threat, especially for small businesses. Why do cybercriminals seek out small businesses? They're often easy targets and are prey for identity thieves because they typically have less security in place than larger companies. A cybersecurity breach of a coffee shop location could compromise customer data, such as financial information. Check out our resources on cybersecurity:
AmTrust Financial has insurance coverages designed for small businesses: property and casualty, businessowners, workers’ compensation, cyber liability and more. Additionally, we provide coverage catered to a variety of restaurant types, as well as a wide range of loss control resources and information. Don’t forget to visit our blog regularly for more up-to-date news, tips and information on the insurance industry. This material is for informational purposes only and is not legal or business advice. Neither AmTrust Financial Services, Inc. nor any of its subsidiaries or affiliates represents or warrants that the information contained herein is appropriate or suitable for any specific business or legal purpose. Readers seeking resolution of specific questions should consult their business and/or legal advisors. Individual coverage may vary and may not be available in all states. In the event of a conflict with the material herein, the terms and conditions of any issued policy will control. Claim examples are general, may or may not be based on actual claims, and are for illustrative purposes only. Any available coverage for a claim will be determined based on the facts and circumstances of the claim as well as the terms and conditions of the policy, including any applicable exclusions or deductibles.