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Wade Millward
Feb 266 min read
The Reality of Franchisor Insurance Costs: A Misunderstood Risk
Is Vicarious Liability Driving Up Your Franchisor Insurance Costs? Franchisors operate in a high-stakes world where every dollar...
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Wade Millward
Feb 196 min read
Understanding Action Over Coverage in New York: A Contractor's Guide to Navigating the Scaffold Law
One accident. That's all it takes to potentially bankrupt a construction business in New York. The culprit? Action Over claims, a unique...
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Wade Millward
Feb 64 min read
Are You Sure Your Professional Liability Insurance Covers You?
“I have insurance, so I’m covered.” It’s a common assumption, but how true is it? In the health and beauty industry, professional...
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Wade Millward
Feb 45 min read
Can a Franchisor Require a Bond for Deferred Franchise Fees?
One of the key risks franchisors face is ensuring that franchisees can uphold their financial commitments, particularly when franchise...
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Wade Millward
Jan 24 min read
Is My Workers' Compensation Classification Correct for My Business?
When it comes to workers' compensation, few topics generate as much confusion and debate as classification codes. It’s a question...
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Wade Millward
Nov 4, 20245 min read
Staying Protected in a Fast-Evolving Industry: Medical Malpractice Insurance for IV Infusion Therapy Businesses
As the IV infusion therapy industry expands, so does the complexity of its insurance needs. Once focused primarily on IV hydration and...
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Wade Millward
Sep 17, 20246 min read
Is your website misleading carriers about your services?
In the rapidly evolving franchising industry, maintaining an updated and accurate digital presence is crucial for your business's...
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Wade Millward
Sep 9, 20245 min read
Franchisors: Concerned about the vulnerability of your franchisees?
As a franchisor, are you confident that your franchisees fully understand their insurance coverage? Or is uncertainty exposing your brand...
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Wade Millward
Aug 30, 20245 min read
Franchisors: Still stuck juggling multiple brokers and drowning in paperwork?
As a franchisor, your primary focus should be on expanding your business, supporting your franchisees, and ensuring the success of your...
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Wade Millward
Aug 20, 20245 min read
Navigating Insurance Requirements: Mitigating Risks for Franchisors and Franchisees
As a franchisor, ensuring that your franchisees fully comprehend the insurance requirements outlined in the Franchise Disclosure Document...
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Wade Millward
Aug 13, 20246 min read
Why Insufficient Insurance is Costing Your Franchise Millions
Are you aware that insufficient insurance coverage could be the reason your franchise is missing out on lucrative national accounts? In...
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Wade Millward
Aug 8, 20247 min read
How should we manage subcontractors' insurance?
As a franchisor, scaling your business efficiently often involves leveraging subcontractors to handle various aspects of operations....
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Wade Millward
Aug 6, 20245 min read
Are You Risking Your Franchise's Future by Relying on Standard Insurance? Discover How One Plumbing Franchise Faced Financial Ruin
The Misconception: "Standard Insurance Policies Will Cover All My Franchise's Specific Needs" Many franchise owners fall into the trap of...
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Wade Millward
Aug 2, 20246 min read
I'm a franchisor, should I buy E&O and D&O?
In the franchising industry, franchisors face unique risks that require robust strategies to protect their brand, operations, and...
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Wade Millward
Aug 1, 20245 min read
Franchisor D&O - What is it?
As a franchisor, managing a network of franchisees and ensuring the smooth operation of your business comes with significant...
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Wade Millward
Jul 30, 20244 min read
Franchisor Vicarious Liability - Why is it Important?
What is Franchisor Vicarious Liability? In the franchising industry, protecting your brand is paramount. One of the significant risks...
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Wade Millward
Jul 29, 20245 min read
Worried About Compliance Issues from Outdated Insurance Requirements?
As a franchisor, your primary concern is protecting your brand and ensuring the smooth operation of your franchise network. However,...
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Wade Millward
Jul 26, 20247 min read
I'm a franchisor, how do I get my franchisees to have the same insurance?
Case Studies, Practical Strategies, and Techniques: Insurance Fundamentals for Franchisors As franchisors grow their businesses,...
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Wade Millward
Jul 25, 20245 min read
Is Your Franchise Losing Insurance Approvals Due to Misleading Websites?
Many franchisors unknowingly sabotage their insurance approvals by overlooking critical details in their websites and marketing...
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Wade Millward
Jul 23, 20248 min read
I’m a franchisor that manufactures products, who is liable if something happens?
As a risk manager and insurance professional, I'm often asked about product liability exposure, especially by franchisors who have their...
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