Technology allows us to connect anywhere, anytime, and with anyone. No matter where we are in the world, we can shop, control our homes, and even run our businesses. Although this technology makes life convenient, it also brings an increased risk of identity theft and internet scams.

Identity Theft & Internet Scams

Cyber awareness is a term we hear a lot nowadays. Cybercriminals are continually coming up with new ways to steal your personal or business information, money, and identity. It’s important to know what methods they are using and how to recognize them.

  • Identity Theft is acquiring and using someone else’s personal information illegally to obtain money or credit. Signs of identity theft include: bills for products or services you did not purchase, suspicious charges on your credit cards, or new accounts opened in your name that you did not authorize.
  • Imposter Scams occur when you receive an email or call from a person claiming to be a government official, family member, or friend requesting personal or financial information. For example, an imposter may contact you claiming to be from the Social Security Administration. The imposter will inform you that your Social Security number (SSN) has been suspended, and hope you will reveal your SSN or pay to have it reactivated.
  • Debt Collection Scams occur when criminals attempt to collect on a fraudulent debt. Signs the “debt collector” may be a scammer are requests to be paid by wire transfers or credit cards. In 2018 there was a spike in requests for gift cards and reloadable cards as well.

Keep Yourself and Your Business Safe

Anytime you are online; you are vulnerable. Follow these 5 tips to stay safe.

  1. Practice safe web surfing wherever you are by checking for the “green lock” or padlock icon in your browser bar—this signifies a secure connection.
  2. When you find yourself out in the great “wild Wi-Fi West,” avoid free Internet access with no encryption.
  3. If you do use an unsecured public access point, practice good Internet hygiene by avoiding sensitive activities (e.g., banking) that require passwords or credit cards. Your personal hotspot is often a safer alternative to free Wi-Fi.
  4. Don’t reveal personally identifiable information such as your bank account number, SSN, or date of birth to unknown sources.
  5. Type website URLs directly into the address bar instead of clicking on links or cutting and pasting from the email.

Victim of Cyber Attack or Fraud?

If you ever find that you or your business has been a victim of cyber-attack or fraud, contact the authorities immediately. Be sure to keep and document all evidence of the situation and its source.

How Can Bankers Help your Small- or Medium-Sized Business?

Approximately 60% of all small- or medium-sized companies go out of business within six months of experiencing a data breach. These companies lack the expertise or resources to address the cyber landscape. Bankers now offers Cyber Liability coverage with a $0 deductible as an addendum to your current or new BOP. Our Cyber Liability program includes cyber awareness training, data handling, breach response training, and more for your staff.

Read more about our Cyber Liability Insurance here. Call 800.627.0000 x 4900 for an agency near you or visit

October is National Cybersecurity Awareness Month

National Cybersecurity Awareness Month (NCSAM) is a collaborative effort between government and industry to raise awareness about the importance of cybersecurity and to ensure that all Americans have the resources they need to be safer and more secure online. The NICCS has provided a large number of resources for personal and business use. You can find this information and more on their website here.

Laptop with Cyber Security. Bankers Insurance Corporation Cyber liability insurance

Bankers Insurance Group is pleased to announce we now offer cyber liability insurance at a low-cost, with $0 deductible to help protect businesses against cyber threats. Our Comprehensive Commercial Cyber Service will be an option as an addendum to your current or new BOP.

Approximately 60% of all small- or medium-sized companies go out of business within six months of experiencing a data breach. These companies lack the expertise or resources to address the cyber landscape. Our Comprehensive Commercial Cyber Service will include:

  • Assistance with compliance
  • Protection and Planning
  • A breach or Ransom Response Consulting regarding information protocols and best practices
  • Resolution for consumers
  • Access to certified forensic examiners
  • Post-Resolution Education and Ongoing Protocol Review

Cyber awareness is essential, and so is creating a company culture that is proactive instead of reactive. That’s why cyber security training is included in our Comprehensive Commercial Cyber Service. Our program allows a business to deploy the training platform in a variety of ways; giving your team the knowledge needed to help reduce the chances of becoming a victim of cyber crime. The cost of a data breach includes legal expenses, lost customers, reputation management, and more. Unfortunately, actual costs extend beyond the dollars spent to address the incident:

  • 31% of breach notification recipients terminate their relationship with the organization
  • 59% of breached companies were involved in subsequent litigation
  • 33% faced potential regulatory fines
  • 32% experienced a decline in share value

Call your local Bankers agent or dial 800.627.0000 x 4900 for an agency near you or visit

It’s still hurricane season: here are a few things you need to know to be prepared.

holding a trophy

Christina Seigler, our Operations Supervisor here at Bankers, has been a member of our team for 12 years! Get to know a little more about Christina and why she loves working at Bankers.

What do you like the most about working for Bankers? What aspect of your job do you enjoy the most?

I love the Bankers family! You spend more time at work than you do at home and you build lifelong relationships with the associates. Bankers has always made you feel special whether it’s the baskets you get every year around the holidays or the fun activities they have each month.

What’s your favorite thing to do in your spare time?

I coached cheerleading for 16 years, so before I would say coaching. But now I just love relaxing outside by the pool and spending time with my family!

Where is the best place you’ve traveled to and why?

I love to travel to the Carolinas and Tennessee! I love to be in the mountains, I feel like that’s the best place to de-stress and enjoy the scenery.

What would you do (for a career) if you weren’t an Operations Supervisor?

I like to help others, so probably a nurse or something in the medical field.

What are you most proud of?

My children will always be what I am most proud of, but i am also proud of buying my first home at the age of 20. I was raised to never rely on anyone else but yourself to take care of YOU! That way no one can take it away from you!

Where is your favorite place to eat?

ANYTHING Mexican, I love chips and salsa!

Tell us something that might surprise us about you.

I went to the University of Florida to become a Pharmacist. I decided that it wasn’t for me, and that’s when I started at Bankers! #Gatorforlife

We have always loved having Christina as part of our team and we look forward to many more years working together.

Could a PEO Be Right For Your Client?

Many business owners dread the human resources side of business, but it’s a necessary element in keeping companies successful and thriving. Professional Employer Organizations (PEOs) are designed to provide human resources services to businesses and help lessen the burden of complicated processes that most employers face. NAPEO, the National Association for PEOs, indicates in a study conducted by two independent economists that companies choosing to use a PEO grow up to 9% faster than those that use other services. In addition, those companies experience up to 14% lower turnover and are 50% less likely to go out of business.  For agents, this means more stable and profitable clients now and for years to come.

As a subsidiary of Bankers, DecisionHR is a PEO that serves small and mid-sized businesses nationwide and can help clients grow faster and safer. DecisionHR empowers their clients with industry-leading benefits and human resources so they can focus on what’s truly important: running their businesses. As a PEO, DecisionHR delivers customizable, scalable, practical workforce solutions which enable business owners to reduce costs, increase profits, and attract, develop, and retain engaged, long-term employees.

Aside from helping business owners grow faster and safer, here are a few examples of how companies can help leverage PEO relationships:

Tax Compliance

A PEO takes care of everything related to employment taxes, including withholding and reporting income tax, FICA, and unemployment tax. That means fewer headaches for the business owner.  DecisionHR offers these services in all 50 states.  With thousands of tax law changes each year, this is the largest area for concern among business owners.

Benefits Packages

Sometimes, partnering with a PEO is the only way a small business can afford to offer employees an affordable benefits package. PEOs tend to get better rates than small businesses because their insured groups are larger.  Currently, DecisionHR only offers health insurance in Florida but is looking to expand its offerings.

Workers’ Compensation

Workers’ compensation insurance is another issue for small businesses that can quickly become costly and difficult to manage. PEOs can often obtain blanket coverage for all co-employed workers at a better rate than individual businesses.  On average, DecisionHR customers are offered rates 20% lower than what they are currently paying.

The PEO model is growing rapidly with small businesses across the country. A co-employment arrangement created when a small business partners with a PEO can be the most important factor that enables the small business to thrive, allowing the owner to focus on their core business.