Spooky business: Recent risks Halloween edition

A paranormal investigator uses all manners of advanced tools in their work, from digital audio recorders to electromagnetic fields and night vision cameras.

Cyber threats are becoming more frequent and sophisticated—with small businesses especially vulnerable. What if a cyber event wipes out the investigator’s files, meaning they lose crucial footage? Or if a data breach occurs, leading to a privacy claim? To counter this risk, the investigator took out a cyber insurance policy with CFC, gaining cover for a range of threats and exposures, also benefitting from our team of incident responders and cyber security experts.

An events company specializes in creating spooky, immersive Halloween-themed environments for both residential and commercial clients. It’s services include haunted house design and theatrical set design—uncommon activities for certain, however nothing that a good professions policy can’t cover.

We provide comprehensive professional liability insurance to cover this company’s unique exposures. The policy is broad and modular, so it can be tailored to offer complete protection.

A visual effects studio is known for its electrifying work in the horror film industry, where spectacular effects send shivers down the spine. 

Unique businesses often come with unique risk profiles. Fortunately, in this case the studio took out our media and entertainment insurance. From IP infringement and breach of contract to bodily injury and cybercrime, the studio is benefiting from comprehensive cover and the confidence it instils.

Working with blood isn’t for everyone. But putting blood samples under the microscope is vital in monitoring health. This healthcare company analyzes the blood of patients to identity vitamin deficiencies, monitor immune system function and so on.

As new methods change healthcare, the risk landscape changes with it. To stay ahead, this healthcare organization took out our healthcare policy, gaining comprehensive cover that includes professional liability, general liability, cyber cover and more.

This small cemetery is run by a not-for-profit association. It has a voluntary board of directors and just one full-time member of staff, responsible for maintenance and upkeep. But in any cemetery, risks abound.

Through our management liability policy, the cemetery’s directors and officers have cover for any claim brought against them, as well as employment practices liability for alleged wrongful acts arising from the employment process.

A medical device manufacturer developed a regenerative gel that wraps around injuries, mimicking ancient mummification techniques but with a modern, bio-tech edge. While perfect for slow-healing injuries, like any product it comes with risk.

To cover its unique risk profile, the manufacturer purchased our life science cover for medical devices. This protects against product liability, risks across clinical trials, the transit of stock, business interruption and more, mitigating scary season for this novel device.

For a computer game developer, the release of a new game that throws players into the world of a zombie apocalypse isn’t nearly as frightening as the costs associated with delays and mistakes. Not to mention other traditional and emerging risks.

Thanks to our technology policy, the developer is able to work free of fear. The policy not only covers the risks listed above, but also protects against the impact of cyber events, offering support to minimize the impact of an event, as well as cover the costs of system downtime, business interruption and so on.

Each Halloween season, this producer of frozen food products finds its pumpkin pies fly off the shelves. The food producer also knows about the risks inherent to its industry, specifically how a product recall has potential to spell disaster.

That’s why the food producer purchased product recall cover from CFC. This covers a wide range of risks, from the ancillary product recall costs such as investigation and transportation, to protecting brand and business reputation in the fallout of an event.

An ecommerce platform is known for selling Ouija boards, famously used to try and communicate with the beyond. 

To protect itself from its unique exposures, the seller took out a property and casualty policy with CFC. The policy is designed to cover product liability, bodily injury, advertising liability and more, all which helps to shield the seller’s product from unexpected frights.