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Social media can be great for business. But are you protecting your agency—and your clients—from possible exposures? That’s the subject of the latest cover story in IA magazine.
Everyone has an opinion, a few facts to share or some keen advice to offer. But today, such words of wisdom are posted on Facebook and LinkedIn, published in blogs and tweeted to followers. It seems everyone is becoming a de facto publisher, without understanding the related risks.
IBA West member Paul Saich, CEO of Thoits Insurance, a San Jose, Calif.-based agency is one of the firms interviewed for the story.
“We’re ahead of the curve here, pointing out what may become a potential claims situation down the line, even though for the moment there doesn’t seem to be much action,” says Paul Saich, CEO of Thoits Insurance, a San Jose, Calif.-based agency. “It reminds me of [employment practices liability] in the 1990s. Nobody was paying attention to this emerging area of exposure, and then the claims started hitting.”
Click here to read more.