Employment-related lawsuits continue to rise and in order to be protected, a special type of coverage is needed: employment practices liability insurance (EPL).
The stats around EPL aren't pretty and give a powerful reason to have the coverage. In an article posted by Trusted Choice, employee lawsuits have risen 400% in the past 20 years!
Sledgehammers and weapons. Broken glass. Dozens of luxury watches. Gone in 60 seconds.
It all happens so fast, sometimes the most prepared jewelers can fall victim to a smash-and-grab robbery.
Even with a solid overall security program, rarely is any jeweler without a point of weakness. For some, this weakness happens to be jewelry showcases — which are also the last lines of defense in the event of a smash-and-grab.
If your business carries high-value and commonly targeted inventory like luxury watches, a door buzzer system or a mantrap could be essential in preventing crime.
Their usage comes with a few caveats, though. Simply installing either system and thinking it will act as a silver bullet for stopping jewelry crime is far from the truth.
Carefully consider these questions when examining whether a door buzzer system or mantrap is right for your business.
Hearing that in the jewelry industry creates an entirely different meaning than working in an office setting. And while it might be embarrassing to have missed out on information contained in a memo passed around the office, it would be downright scary to find out that your jewelry could be misplaced.
