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Address: 6825 Clayton Avenue St. Louis, MO 63139
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Phone: (314) 725-1414
AI is reshaping how businesses operate, but without an effective AI risk management plan, it can lead to an expensive mistake. Somewhere in your company, someone is using AI to get work done faster. Maybe it’s a report, research, presentation, or a client-facing document, but what happens when the document is entirely fabricated? In some […]
Smart technology is revolutionizing construction safety and lowering insurance costs, but it’s not always easy to see how. Imagine a construction site where accidents are virtually non-existent, where workers are constantly aware of their surroundings, and potential hazards are identified and addressed in real-time. Ensuring safety on construction sites is of incredible importance as it […]
Insuring company vehicles is a vital part of a comprehensive insurance policy for any business. But what happens when a company doesn’t own its cars and has its employees use personal or rented vehicles? In this common scenario, a Hired and Non-Owned Auto endorsement, also known as an HNOA can be an important addition to […]
Managing risk is crucial for contractors of any size. But big projects come with big risks. For large contractors and developers, the scale of projects means greater exposures and higher insurance costs.Many large companies turn to alternative risk solutions to control costs. These programs can have major benefits. However, they require expertise and a strong […]
Motor vehicle accidents continue to be a leading cause of injury and death in the US. Is your business at risk every time an employee gets behind the wheel? A driver qualification checklist can protect your company, your team, and your bottom line. Here’s everything you need to know. Definition of driver qualification Driver qualification […]
As a business owner, you’ve probably heard the term “experience modification factor” – or “e-mod” – when discussing your workers’ compensation insurance. You might know that this factor looks at your previous claims to adjust your workers’ comp premium higher or lower. But what exactly goes into your e-mod and how can you keep work […]
Understanding insurance coverage is important. No matter what kind of insurance you’re dealing with, it’s best to know the scope of your policy. Whether it’s health, auto, homeowners, or other policies, it pays to know what’s what in your insurance plan. When dealing with specialty insurance, you’ll need to pay extra close attention to the […]
The new coronavirus (COVID-19) outbreak continues to be a top-of-mind concern for organizations and individuals across the globe. As COVID-19 becomes increasingly widespread, it’s not only raising fears about the well-being of the general public, but it’s also disrupting business operations and creating insurance exposures. In fact, COVID-19 has already led to business interruptions, supply […]
You always dreamed of a round-the-world cruise, you have tickets and suddenly a pilot’s strike in Berlin puts it all in jeopardy. Can you get your money back? What happens if you break your arm in Mauritius? Or come down with Dengue fever in Senegal? Does your insurance cover that? If war breaks out near you, is an […]
In the POWERS Insurance and Risk Management family, we value our employees tremendously. Each month we put a spotlight on one of our employees to show them how much we appreciate their success in our agency. This month we have spotlighted Chris Sullivan. Chris is highly valued as our Commercial Lines Risk Management Advisor. He […]