Description

7 Costly Insurance & Risk Mistakes that Business Owners Make (And How to Avoid Them)

Most business owners buy insurance but few truly understand how coverage decisions, contract wording, claims handling, and operational risks can impact their company when a loss occurs. 

In this practical and engaging presentation, commercial insurance professional Angie Smucker will explain common risk management and insurance issues affecting small and mid-sized businesses, including gaps in coverage, misconceptions about claims, hidden cost drivers, and preventable mistakes frequently seen in real-world situations. Drawing from more than 40 years of experience as both an underwriter and broker, Angie provides insights rarely discussed outside the insurance industry, helping business owners make more informed decisions to better protect their companies, employees, and investments. 

Topics may include: 

• Common insurance misunderstandings
• Coverage gaps and claim surprises
• Risk management strategies for business owners
• How underwriting decisions affect pricing
• Questions every business owner should ask

Meet your speaker 

Angie Smucker, CPCU, ARM, CLCS, TRIP, is the founder of Nexus Business Solutions and a commercial insurance and risk management professional with more than 40 years of industry experience. Her background includes both underwriting and brokerage, with expertise in commercial property, liability, workers compensation, inland marine, construction, manufacturing, transportation, and risk analysis. Angie has worked with businesses ranging from small contractors to large commercial accounts and is known for helping clients better understand insurance coverage, underwriting, claims issues, and operational risk. Through Nexus Business Solutions, she provides independent risk management consulting focused on helping business owners identify gaps, reduce unnecessary costs, and make more informed business decisions.