By Shayne Bevilacqua, MBA | 08-10-2022

The term metaverse is loosely defined as a virtual environment shared by many people via digital devices. The four technologies that the metaverse is usually accessed through are virtual reality, mixed reality, extended reality, and augmented reality.    Metaverse Market Predictions As our world is transitioning into being immersed in technology, the metaverse market is […]

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By Shayne Bevilacqua, MBA | 08-08-2022

In 2021 we experienced rapidly climbing ransomware attacks, which then led to cyber insurance rates rising. Experts around the world are doing their best to stay ahead, but it doesn’t seem to be looking up in 2022. Rates are projected to stay the same despite the efforts to slow down the devastating attacks. With our […]

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By Shayne Bevilacqua, MBA | 08-01-2022

With crime rates rising in big cities such as New York City, Philadelphia, Chicago and more, there is a growing concern among workers about returning to their offices.    What’s Causing the Scare? In New York City on Tuesday April 12, a shooting occurred on the subway leaving a Goldman Sachs employee dead, and ten […]

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By Shayne Bevilacqua, MBA | 07-28-2022

With the constant worry of cybersecurity breaches in today’s world; how can we safely send HIPAA compliant text messages out to our patients/clients?   What is the Risk You Take in Sending Private Information Over Text? Although texting is an easy and efficient way to send information out to patients and or clients, there is […]

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By Shayne Bevilacqua, MBA | 07-20-2022

As challenges and trends surface on TikTok, people of all ages attempt to recreate them. A recent challenge that has resurfaced, the “blackout challenge”, took the lives of two young girls. Following their tragic deaths, TikTok is being sued for wrongful death.   What is the Challenge? The blackout challenge is when people essentially choke […]

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By Shayne Bevilacqua, MBA | 07-09-2022

Cybercrime groups around the world attempt to steal data and threaten their victims into paying. As time goes on, these cybercrime groups are getting wiser to the game, and are making the threats increasingly worse.    What are the Groups Threatening Now? A ransomware group by the name ALPHV/BlackCat went from exposing victim data on […]

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By Shayne Bevilacqua, MBA | 06-09-2022

In the first quarter of 2022, global commercial insurance prices rose by around 11%, marking the fifth consecutive quarter with an increase of rates. However, the level of increase in premium has declined slowly and steadily.  The five-quarter rate increase has been the longest since 2012, but there still remains one big outlier: Cyber insurance!  […]

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By Shayne Bevilacqua, MBA | 06-06-2022

    Trends are constantly changing and reappearing in all areas of life, especially in the business and insurance industry. With 2022 reaching its midpoint, it is important for business owners to not only reflect on what they have accomplished so far within the year, but it is also important to understand trends that are […]

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By Shayne Bevilacqua, MBA | 05-02-2022

    With the COVID-19 pandemic slowing down, more and more employees are returning back into the workplace. However, the idea   of the common “workplace” will never be the same again, and remote work has proven to be more efficient in some cases for some   businesses as well. Since the workplace environment is […]

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By Shayne Bevilacqua, MBA | 02-16-2022

      What is First-Party Cyber Coverage?   First-Party cyber coverage is liability insurance that can help small businesses protect themselves against cyberattacks. The financial impacts of cyberattacks can be significant, so it is very important to make sure that your small business is protected against the potential financial burden of cyber attacks. First-party […]

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By Shayne Bevilacqua, MBA | 04-10-2020

April 10, 2020   UnitedHealth to offer nearly $2B in accelerated payments, financial support to providers (Fierce Healthcare-April 7, 2020) The insurer said that it would accelerate claims payments to both medical and behavioral health care providers across its fully insured commercial, Medicare Advantage (MA) and Medicaid plans. It will also make $125 million in […]

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By Shayne Bevilacqua, MBA | 03-27-2020

Please read this announcement from the SBA regarding their disaster loan program for new applications:   U.S. Small Business Administration   To submit an application:   Email: Email your completed document(s) as attachments to: disasterloans@sba.gov Any information you send to SBA via email is sent via an unsecured email link. Due to the nature of […]

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By Shayne Bevilacqua, MBA | 09-25-2018

Social media is a significant part of everyone’s lives now. Nearly every adult in the US spends some time on a social network whether it’s on Facebook, Twitter, WhatsApp or LinkedIn. There are many reasons why someone might spend time on these social networks, but some of the top reasons include sharing information about businesses, […]

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By Shayne Bevilacqua, MBA | 03-12-2018

It’s getting tougher every year to make an impact in the world of ecommerce, yet there has been significant growth. In 2015, online sales were worth $1.6 trillion. In 2018, that figure is expected to be $2.5 trillion. However, ecommerce is becoming very crowded. Statistically only one in every twenty online shops will sell more […]

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By Shayne Bevilacqua, MBA | 02-16-2018

Running an accounting firm is not easy. There’s a lot of competition for your business, and the work is demanding, especially around the tax season when workloads are higher than normal. Completing work isn’t your only problem. There are numerous challenges which you could face daily that could be harming your accounting firm’s bottom line. […]

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By Shayne Bevilacqua, MBA | 07-24-2017

The world is becoming increasingly digital and online payments are now an important part of a customer’s experience. In fact, if you don’t take online payments, people are less likely to buy from you. If you don’t currently take payments online, but are looking to provide this convenient service, what do you need to consider? […]

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By Shayne Bevilacqua, MBA | 06-19-2017

Remote working is the future it seems. According to surveys, business leaders believe that three-quarters of employees won’t work in a traditional office by 2020. This could mean they work from home or they operate on the go. In addition, more cloud-based applications are being used in businesses to help manage them than ever before. […]

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