| Today's business world is evolving faster than ever | | | | businesses, and some are unsure of whether loss |
| before. With increases in technology and the ability of | | | | associated with these kinds of acts should be insured |
| the internet to bring people from all over the world | | | | against. In addition, increased scientific research and |
| closer and closer together, today's businesses have | | | | awareness of environmental devastation has some |
| been forced to not only adapt, but also become | | | | wondering how global warming might pose a risk to |
| more efficient, receptive, and innovative than has | | | | some businesses in the future. Recent epidemics such |
| ever been called for. Business on the internet has | | | | as bird flu and swine flu have also prompted debate |
| certainly posed a lot of new legal questions that | | | | on the risk that a worldwide epidemic would pose to |
| remain unanswered, and security threats as well as | | | | businesses as well. War and social unrest in other |
| other risks for both consumers and business are a | | | | countries is also a concern that can affect businesses |
| constant force. | | | | that are now operating on a global level. |
| While many different forms of business insurance | | | | As society evolves and advances, new risks continue |
| exist to protect against various forms of risk, | | | | to enter the picture which can affect businesses and |
| advance of technology and the rapid evolution of | | | | individuals at any level. With today's technology, |
| business today leaves behind some unanswered | | | | business and society are evolving at a rate that has |
| questions about the risks posed by new forms of | | | | been unmatched in centuries before, meaning that |
| business online and on the global level. Pure risk in | | | | new risks enter the picture more rapidly as well and |
| business was often much simpler: you protected | | | | more and more questions are raised for businesses, |
| yourself against fire, accident, or theft. However, | | | | business leaders, individuals, and insurance companies |
| with more and more business being conducted on | | | | that provide protection from loss for these types of |
| the internet today and transactions being done | | | | organizations. While some remain skeptical and feel |
| electronically, new threats have emerged that | | | | that it is unlikely that businesses or individuals will ever |
| concern security, theft of data and financial | | | | really need protection from loss against such things |
| information as well as personal information of | | | | as terrorism or worldwide epidemics, more recent |
| customers and employees. Also, with more business | | | | events continue to remind us that anything is |
| being conducted on the global level, fluctuations in | | | | possible, and the most efficient businesses of today |
| currency and the losses associated with it are often | | | | need to be those that are prepared for just about |
| difficult to calculate. | | | | anything. |
| Terrorism is also an increasing concern for today's | | | | |