Central Insurance

teenSMART: A Smart Solution to the 100 Deadliest Days of Summer

teen driving course

The teen years bring many milestone moments. Perhaps none is more simultaneously exciting and nerve-wracking for parents than the day your teen becomes a driver. Even the most responsible teen drivers face many potential dangers ranging from passenger distractions to the temptation to text, unfavorable road conditions to hazards posed by other drivers behind the wheel. And there’s no better time to start thinking and talking about it than heading into the summer season. 

100 Deadliest Days

This time of year marks a joyous season with the end of the school year, graduation parties, and summer vacation travel. Behind the scenes, however, a very real danger lurks. Memorial Day weekend marked the unofficial start of summer but also represents a dangerous time of year for young drivers. Due to a sharp increase in automobile fatalities involving teen drivers between Memorial Day and Labor Day, this time of year is referred to as the “100 Deadliest Days.” 

Each year, an average of 2,063 teen drivers are involved in fatal crashes, and 31% of those fatalities occur during the 100 Deadliest Days. This equates to more than seven automobile accident-related teen deaths per day throughout the summer. 

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Who Is Most at Risk for Contractor Fraud?

contractor frauds

Home improvement scams like contractor frauds have become the top form of fraud in the United States, with Americans losing a whopping $82 million from 2020 to 2021 alone.

To combat this, organizations across sectors are collaborating to try and educate and protect homeowners from these ongoing scams. Central Insurance, for instance, has an entire team dedicated to identifying, mitigating, and preventing insurance fraud. Similarly, groups such as the National Insurance Crime Bureau host annual awareness events like Contractor Fraud Awareness Week to provide homeowners with the information they need to stay alert. 

While these methods have certainly been effective in training people to recognize the signs of fraud, contractors are often strategic in choosing their victims and target those most vulnerable in hopes of catching them off guard.

In this article, we review what these groups look like and how to protect yourself from contractor fraud if you fall within one of them.

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How do I Know What my Auto Liability Insurance Covers?

If you’re a car owner, chances are you understand the importance of having auto insurance. Among the various risks and uncertainties that come with owning a vehicle, one of the most crucial aspects your insurance policy covers is liability. In the event that you are deemed liable for an accident, liability insurance covers financial responsibility for any property damage or bodily injury resulting from the operation of your vehicle. 

In this article, we will delve deeper into the significance of auto liability insurance and how it safeguards you against potential financial burdens. Read on to explore why liability insurance coverage is vital for every responsible driver on the road.

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Tech Startup vs. Established Organization: What Type of Company is Right for Me?

tech startup

Professionals seeking jobs in software engineering, data science, AI, product development, and other tech fields have traditionally had a more seamless job search experience than those looking for positions in other industries. Why? Because the tech industry just keeps growing. In 2022 alone, companies across sectors opened up nearly 300,000 new tech roles, creating countless opportunities for tech professionals to capitalize on the demand.

While some tech-based job seekers consider this growing demand for their skills exciting, many find multiple possible paths forward less than ideal. This is because, when faced with too many options, many professionals freeze under the pressure of making the right decision, and end up making rash or uneducated choices rather than figuring out what they really want.

To combat this, top career experts suggest exploring different paths a career in your field might take before beginning the job hunt.

For most tech professionals, this means deciding what kind of industry you ultimately want to work in, which includes determining if you’re going to work in a tech role within a tech company or apply your tech skills to another field like healthcare, manufacturing, or insurance. It’s also important to consider the size and maturity of the company you want to work for, which would include deciding between taking a role at a small and scrappy tech startup or an established, well-funded organization. 

In this article, we uncover the key factors that define typical startups and established organizations to help you determine which might be the best fit for you.

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Central’s People-First Policies

people first policies

Central Insurance operates on a people-first culture, so when feedback on its employee engagement survey suggested the paid time off policy had room for improvement, the company took it to heart. 

“At Central Insurance, we invest in our people and treat each of our employees as owners,” says Vice President of Human Resources Jena Wierwille. “When we heard from our team that paid leave was an area for improvement, we acted.” 

Inspired by progressive policies within the tech industry, the company revamped its PTO package to maximize flexibility, better support employees and their families, and foster a company culture that prioritizes the care of its people.  

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Named Insured vs. Additional Insured: What’s the Difference?

named insured vs. additional insured

Insurance can be confusing enough at times, and adding terms like “named insured,” “other insured,” and “additional insured” to the mix doesn’t help. While these terms may sound similar, they each signify different levels of liability protection afforded with a policy, so it’s important you understand the meaning of each.

Who is the “named insured” on my policy?

The named insured on a policy includes any person, firm, organization, or any of its members specifically designated by name as an insured(s) in an insurance policy.  Named insureds have responsibilities and benefits not afforded to other or additional insureds —they bought the policy, they pay for the policy, they can change or cancel the policy, and they receive all the protection it provides. 

Learn More: What is Named Insured In Underwriting?

They are the person(s) or entity(s) named on the declarations page, and are often referred to as “you” in the policy. The named insured may be a sole proprietorship, partnership, corporation or another type of entity.

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Central’s InsurTech Team: A Successful Use Case in Connecting Business Needs with Technology Solutions

technology solutions

Connecting business needs with technology solutions can be a complex dynamic for any business. 

For many companies, tech adds functionality to the systems supporting various stakeholders. Leveling up requires exploring customer wants, then layering on new technology solutions to meet those emerging and evolving needs. 

Beyond that, successful integration requires bringing together the right leadership and teams to build a deeper understanding of what’s needed, where you’re collectively going, and how to best achieve getting there. We recently sat down with Farres Moidu, Senior Director of Software Engineering at Central Insurance, to explore what that looks like for Central.

The Key to Successfully Connecting Business and Technology 

In his experience integrating business needs and technology, Moidu emphasizes the importance of weighing the opportunity cost against how the team plans to deploy their time and resources.

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10 Top IT Jobs in Columbus, Ohio

it jobs columbus ohio

As of 2022, Columbus, Ohio, ranks as America’s ninth most affordable city. This ranking is largely due to affordable housing in the area and the fact that the overall cost of living remains 11% lower than the national average.

However, one of the most often overlooked aspects of Columbus’ appeal is access to many incredible career options. With prominent healthcare, retail, and insurance brands based in the city, countless opportunities across various fields are available for professionals of all levels.

Why should I consider IT jobs in Columbus Ohio?

The technology industry is the fastest growing in the Columbus area today. The city is quickly becoming the Midwest’s tech hub

Not only are top tech companies with offices in Columbus looking for talent in the city, but organizations in other prominent fields are also seeking professionals who can provide and support cutting-edge tech solutions to their customers. 

Here, we list ten of the hottest tech jobs available in Columbus today.

10 Top IT Jobs in Columbus, Ohio

1. IT Program Manager- NetJets

NetJets operates the world’s largest and most diverse private aircraft fleet. With customized private aviation solutions designed to exceed the standards of the world’s most discerning travelers, this organization is known for its unwavering commitment to safety, service, and unmatched global access.

The IT Program Manager is responsible for delivering value through large business initiatives and multiple projects that align with the organization’s technology objectives. The role involves collaboration across departments and functions to ensure communication and the successful delivery of programs and projects. The program manager is also responsible for managing meetings effectively with detailed discussions  and maintaining partnerships with program sponsors and stakeholders. 

2. Senior Data Engineer – Central Insurance

Central Insurance is a national insurance carrier specializing in property and casualty insurance. Heavily invested in technology, Central is building a world-class digital product team to help leverage technology and drive continued growth. 

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Does My Business Need Professional Liability Insurance?

professional liability insurance

As a business owner, you work hard to provide your loyal customers safe and effective products and services. But what will happen if you or someone on your team happens to make a mistake that results in injury, damage, or other legal issues? You need protection designed to cover you and your business in the face of the unexpected. That’s where Professional Liability Insurance comes in. 

In this blog, we uncover what professional liability insurance is and why it’s important, what kind of businesses can benefit most from this type of coverage, and how Central can help get you started with professional liability insurance today.

What is Professional Liability Insurance?

Professional liability insurance—often referred to as errors and omissions insurance—acts like a safety net for businesses. It provides protection in case a client or customer sues  because of a mistake made in the business’ course of work.

This insurance covers the price of legal counsel and helps pay for the damages awarded to those who suffer financial losses due to the insured’s mistake.

Without this coverage, a business or professional may have to pay out-of-pocket for defense costs and damages—a situation which, in many cases, can lead a business to financial ruin.

Who Needs Professional Liability Insurance?

Professional liability insurance is a crucial form of coverage for businesses across industries, as even the most competent professionals can make mistakes or face allegations of negligence. 

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Insurance Careers: How Do I Know if One Is Right For Me?

insurance careers

Believe it or not, there aren’t many people working for insurance carriers or agencies who grew up dreaming of insurance careers. Unless insurance is a family business, most people aren’t even aware of the opportunities this field offers.

The insurance industry offers exciting, lifelong career paths that professionals across many areas of expertise can find fulfilling. In this article, we explore what working in the insurance industry looks like, what kinds of experience and training apply to the field, and how to determine if an insurance career is the right fit for you.

What does an insurance career look like?

There are a lot of stereotypes held about working in the insurance industry. From stuffy spreadsheets to piles of paperwork to stodgy suits, the misperceptions are plentiful. Some even believe insurance people are uptight, boring, or out to take advantage of others.

Nothing could be further from the truth.

First, many different insurance careers are available to professionals beyond those that these incorrect stereotypes reference. In 2021, the insurance industry employed approximately 2.8 million people; 1.6 million for insurance companies, 1.2 million for agencies, brokers, and other insurance-related enterprises. 

These numbers also support industry-wide diversity. Employees of insurance organizations represent many different backgrounds, educations, experiences, and interests. 

Where those with a knack for numbers may end up in underwriting, for instance, a person with great people skills can find a home in customer service. Similarly, employees with creative passions might work in insurance marketing, while those with a tech background can lend their skills to innovative insurtech projects.

No matter your path, an insurance career is what you make of it.

Who is a good fit for an insurance career? 

Insurance is often referred to as a relationship business. People assume if you work in insurance, you will likely have to interact with your coworkers and peers across other organizations.

For some roles in the industry, this is true. If you’re a people person, there are countless opportunities to embrace career paths that allow you to connect with others, sell products and services, and share your knowledge. 

However, there are countless other options for those with different skills and backgrounds. Raters, processing clerks, actuarial, legal, support staff, marketing, design, IT, and product development all offer career tracks for different personalities and preferences.

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