We’re thrilled to announce some new improvements to our existing Quote Snapshot based on the feedback of our agents and brokers. Now, you can send a quote to a client and they can pay whenever it’s convenient for them. Give your small business clients the convenience they’ve been asking for with Quote Snapshot. Here’s how […]
Diversity & Inclusion at Coterie Insurance
Coterie Insurance first established its Diversity & Inclusion group in summer 2020 with the creation of the company’s Racial Equity Initiative. Since then, Coterians have decided to expand the range of scope of the group to include all diversity and inclusion initiatives at work. Read on for an update on the group and how we […]
Supporting Claims Documentation: Be Prepared
Companies can build up a substantial collection of records over their years in operation. While nobody wants to be stuck holding onto documents that have outlived their usefulness, throwing away a document only to find out later that you need it can be a costly mistake. Insurance paperwork is particularly problematic—many businesses are unsure of […]
8 Common Small Business Insurance Mistakes: Are You Making Them?
Shopping for small business insurance can be confusing, tedious, and time-consuming, particularly for new businesses that are not familiar with insurance terminology. The needs and risks of businesses vary much more than personal lines insurance products. In conjunction with our partner, WorkCompOne, we’re sharing the most common small business insurance mistakes. Efforts to cut time […]
Team Member Spotlight: Morgan Smith
At Coterie Insurance, we have a team of true rockstars and powerhouse individuals driven to disrupt the outdated processes of the insurance industry. As a company, we wouldn’t be able to accomplish that goal without the stellar team members helping us reach that goal each day. This team member spotlight blog series is an opportunity to […]
Start-Up Insurance: Take Care to Protect Your New Venture
You just started your new business venture. You’ve thought of everything…but have you thought about what could go wrong and cost you your livelihood? As a start-up ourselves, we understand what start-ups need to stay covered. We’ve experienced first-hand how complicated getting insurance is, and knew there had to be a better way. Insurance is not something to put off as you grow your new […]
Replacement Cost vs. Actual Cash Value for Commercial Insurance
It’s not abnormal for businesses to experience property loss. Whether small or large, loss will most likely happen at some point in the lifetime of a business. As most businesses have some type of property that is used in the operation of the business, how do you determine the type of business property and its […]
6 Steps to Minimize Your Small Business Loss
Imagine pouring your passion, energy, time, and finances into getting your small business off the ground, only to experience an extreme and detrimental disaster, completely out of your control. According to the Federal Emergency Management Agency (FEM), 40% of businesses never reopen after a disaster. Implementing steps to prepare for and respond to disasters can […]
Understanding Total Cost of Risk
Risk exists everywhere in business. As a small business owner, risk is everywhere. One of the biggest mistakes that companies make is assuming that the cost of risk only involves their insurance premiums paid, retained losses and administrative costs. However, the total cost of risk encompasses much more than that. While a risk management program […]
Small Business Boon: Tips for Striking It Out on Your Own
Since the pandemic started, the creation of small businesses has been at an all-time high in the United States. Whether due to losing jobs during the pandemic, or meeting new and rising consumer demands, more and more Americans are taking a chance on entrepreneurship. In fact, according to Salesforce, many economists say that the combination of new technology, staying […]
Insurance Checklist for the New Year
The start of a new year is a great time to reevaluate your insurance policies to avoid expensive surprises in the future with an insurance checklist. Take some time to speak with your agent to review your policies to make sure you are properly covered. Even if you haven’t experienced a major change, you could be eligible for discounts or […]
10 Tips for Data Scientists from Coterie’s Original Data Scientist
Today, Coterie Insurance’s original data scientist, Steve Barnard, is sharing some tips for other data scientists. Through Steve’s tenure at Coterie, our data team has grown to a team of seven. They are constantly innovating and Steve has played a key role in the growth of the team. We’ll kick it over to Steve… I […]
