Newsbrief

August 17, 2021

Higher property value-ups

Various economic factors, including the COVID-19 pandemic, have been driving up the cost of construction, which has in turn driven up the cost of repairing and replacing commercial property. Higher property value-ups offset these inflationary factors and keep your customers’ businesses insured to value. Get the low-down in this handy downloadable infographic.

Various economic factors, including the COVID-19 pandemic, have been driving up the cost of construction, which has in turn driven up the cost of repairing and replacing commercial property. Higher property value-ups offset these inflationary factors and keep your customers’ businesses insured to value. Get the low-down in this handy downloadable infographic.

Cyber crime’s on the rise. Take steps to protect your agency

Did you know that insurance has become one of the most targeted sectors for cyber-criminal activity? Hackers are targeting the personal and financial data that passes through online quoting and rating systems – and the credentials you use to log in to those systems are a common starting point for these attacks.

 

What you need to do

The best way to reduce the impact of credentials theft is to reset your password regularly – at minimum every 90 days, and immediately after a staff member leaves your agency. Other tactics recommended by the Big “I” for safeguarding data on the systems your agency uses:
• Avoid sharing passwords among staff as this increases the risk and impact of a data breach.
• Never use the same user ID and password for multiple systems.
• Safeguard your user IDs and passwords – and never post them where they can be seen, such as on sticky notes or in spreadsheets.
• Learn about common social engineering ploys – methods hackers use to gain your trust and compromise the security of your systems.

 

What we’re doing

Earlier this year, we required agencies to reset their passwords for our systems – something we’ll continue to require periodically.

 

In the next few months, we’ll also be rolling out multi-factor authentication for agency log-ins – a security feature that should make our systems much more secure. Note that all agency log-ins will require multi-factor authentication by the end of 2021.

 

Multi-factor authentication will make it challenging to share IDs and passwords, so we’re strongly advising agencies to create unique credentials for their staff and update them regularly. To obtain your agency access code and create unique IDs for staff, visit the User Report screen (Agency Administration tab > Manage Portal Users) on the Agents’ Portal.

Did you know that insurance has become one of the most targeted sectors for cyber-criminal activity? Hackers are targeting the personal and financial data that passes through online quoting and rating systems – and the credentials you use to log in to those systems are a common starting point for these attacks.   What you…

Deadline soon: LinkedIn regional groups sweepstakes

You can connect with other agents in your area and catch the latest local Liberty Mutual events and opportunities all in one place! Joining a regional Liberty Mutual agent group on LinkedIn is the quickest way to stay in the loop.

 

But networking pays off even more than you think! When you request to join your regional group, you’ll be entered for the chance to win one of three $25 Amazon gift cards. Existing members will automatically be entered into the drawing. The sweepstakes runs from August 3 to August 31 and we’ll email winners by September 10.

 

Find your state in the list below:

Northeast (CT, MA, ME, NH, NJ, NY, RI, VT)

Request to join

 

Midwest (IA, IL, IN, MI, MN, ND, NE, SD, WI)

Request to join

 

Central (AR, KS, LA, MO, OK, TX)

Request to join

 

Southeast (AL, FL, GA, MS, NC, SC, TN)

Request to join

 

Northwest (AK, ID, MT, OR, WA)

Request to join

 

Mid-Atlantic (DC, KY, MD, OH, PA, VA, WV)

This group will be live in January 2022!

 

Mountain (AZ, CO, NM, NV, UT, WY)

This group will be live in January 2022!

 

Pacific (CA) Launching later in 2021

 

Sweepstakes rules apply.

You can connect with other agents in your area and catch the latest local Liberty Mutual events and opportunities all in one place! Joining a regional Liberty Mutual agent group on LinkedIn is the quickest way to stay in the loop.   But networking pays off even more than you think! When you request to…

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