Business Insurance

It’s more than a job – It’s your passion.

No matter what business you’re in, each workday is dedicated to doing your job well and providing your customers with the best service possible. BRIA Insurance & Risk Consultants would like to return the favor by giving you the coverage you need to ensure the security of your business.

At BRIA Insurance & Risk Consultants, we’re committed to keeping your business protected – so you can focus on your day-to-day operations. And with the right insurance plan, your business will be covered from top to bottom.

Protecting your business is about more than just sound commercial insurance. Watch the video below to learn about sprinkler systems, potentially saving you from unnecessary fallout in the event of a fire.

Aviation Insurance

Commercial airlines hold property insurance on airplanes and liability insurance for negligent acts that result in injury or property damage to passengers or others. Damage is covered on the ground and in the air. The policy limits the geographical area and individual pilots covered.

Contact us to learn more.

Cyber Liability Insurance in Austin and Lakeway, Texas

Recent advancements in technology have created a need for greater understanding and guidelines in a growing industry. At BRIA Insurance & Risk Consultants, we know the risks businesses face when it comes to a data breach and can provide the comprehensive coverage needed for security.

If your company utilizes computers or other forms of technology, you are susceptible to a cyber breach. We can provide your business with a comprehensive cyber liability plan to cover damages if your business’ data is lost, stolen, or compromised. We routinely protect businesses in Austin, Lakeway, Bee Cave, and surrounding areas.

Protection from data breaches, identity theft, and more!

Through our established partnerships with AIG and Nationwide, we can create tailored insurance solutions. Our team of agents will work with you closely to understand your business model and make sure your plan doesn’t have any gaps in coverage.

Our data breach insurance covers the following potential risks:

• Loss or Corruption of Data
• Business Interruption
• Various Liabilities
• Identity Theft
• Cyber Extortion
• Reputation Recovery

To get started, please request a quote.

What you can expect from us

At BRIA Insurance & Risk Consultants, we are adamant about creating the right insurance solution for each business. We take the time to get to know each client to fully understand their coverage needs and create a tailored policy to match. To learn more about our offerings for businesses, please contact us.

Management Liability Package

Management Liability insurance is a way to package certain individual liability coverage forms, which covers the liabilities of a corporation itself as well as the personal liabilities its officers, directors, and employees. It is generally made up of one or more of the following types of liabilities.

Limits of liability generally apply as shared or separate limits for each coverage. Management Liability often includes Directors’ and Officers’ Liability, and Employment Practices Liability, Fiduciary Liability, Professional Liability, Cyber/Privacy Coverage and Crime Coverage.

Coverage is available for non-profits and closed (private) corporations as well as Limited Liability Companies. Normally, Public Corporations will purchase individual coverage forms, versus sharing limits.

Directors’ and Officers’ Liability Insurance (D&O) is liability insurance that helps cover defense costs and damages arising out of wrongful act allegations and lawsuits brought against the officers’ and directors’ of a company..

It has become closely associated with broader management liability insurance, which covers liabilities of the corporation itself as well as the personal liabilities for its directors and officers of the corporation.

Employment Practices Liability (EPL) is an area of United States law that deals with wrongful termination, sexual harassment, discrimination, invasion of privacy, false imprisonment, breach of contract, emotional distress, and wage and hour law violations.

Most commonly, employment practices liability deals with laws and protections brought under various Regulations, like Title VII of the Civil Rights Act of 1964, the ADA (Americans with Disabilities Act) of 1990, the Civil Rights Act of 1991, ADEA (Age Discrimination in Employment Act) of 1967, and Family and Medical Leave Act (FMLA).[1][2] The Equal Employment Opportunity Commission (EEOC) interprets and enforces these laws.

The EEOC recognizes 11 types of employment practices discrimination: age, disability, equal pay/compensation, genetic information, national origin, pregnancy, race/color, religion, retaliation, sex, and sexual harassment.

Fiduciary Liability Insurance is a form of liability insurance which helps protect officers of an organization and others persons acting in some capacity relating to an employer’s pension plan, savings, profit sharing, employee benefit, and health and welfare plans arising from a breach of these fiduciary duties.

Professional Liability insurance (PLI), commonly known as Errors & Omissions (E&O) or malpractice is a form of liability insurance which helps protect businesses and individuals from claims arising from professional advice and service, errors and omissions, inadequate work, or negligent acts.

The coverage focuses on alleged failure to perform on the part of, financial loss caused by, and error or omission in the service or product sold by the policyholder. These are causes for legal action that would not be covered by a general liability insurance policy. Professional liability insurance may take on different forms and names depending on the profession and is often a contractual requirement.

Coverage does not include Criminal Prosecution Professional Liability Insurance is required by law in some areas for certain kinds of professional practice. Learn more about how the team at BRIA can help!

Risk Management

Why?

Because most view risk management as simply buying an insurance product. Unfortunately, insurance itself is not designed nor intended to cover every possible risk a business faces. Due to that fact, we have a unique and diagnostic approach to help our clients uncover and mitigate loss exposures.

Beyond Insurance

We realize that an insurance policy alone cannot prevent a serious property loss. Insurance certainly cannot prevent a liability lawsuit, nor can it prevent your employees from being injured on the job. Our goal is to identify exposures, some of which are insurable, some of which are not. True risk management requires developing strategies and processes to reduce your company’s exposures before something happens. Ultimately, this proactive approach reduces your risk profile and therefore directly affects your bottom line.

Unfortunately for most middle market companies, the insurance transaction is trusted as the sole risk management technique. However, large companies often have a full-time Risk Manager or CRO who is able to address company risk on a 24/7 basis.

Our job is to help middle market companies address the internal void of not having a full time risk manager. In addition to insurance, we look at the policies, processes, and procedures outside of insurance that can positively or negatively affect the overall risk of a company. By doing so, we can reduce our clients’ cost of risk.

The BRIA PROCESS

This process looks different for each company that we assist. It is a four-step process that is fundamentally proactive in its approach. Here, we briefly examine the four steps.

• Discovery — This phase begins by understanding the fundamentals of your business by identifying its exposures.
• Strategy — We work directly with your company to develop personalized strategies and recommendations to manage your risk.
• Implementation — We help put the strategies to work, mitigating risk along the way.
• Monitor — We make sure the strategies put in place are working and effective. We change them as needed.

The BRIA Staff is ready to help with your Risk Management needs.

Marine Insurance

Your business never sleeps, protect it every step of the way

BRIA Insurance & Risk Consultants provides marine insurance to businesses in Austin, Lakeway, Bee Cave, Round Rock, Georgetown, Westlake, and surrounding areas.

Marine insurance is meant to provide both inland and ocean marine coverage. When your business transports property, you want that cargo to be covered every step of the way. Marine coverage provides protection throughout the entire transport. BRIA Insurance & Risk Consultants proudly provides businesses of all sizes with the protection they need to run smoothly.

Our marine insurance options include, but are not limited to:

• Property insurance.
• Loss control services.
• General liability.
• Umbrella coverage.

Contact a representative at BRIA Insurance & Risk Consultants to set up a consultation.

Business Owners Policy (BOP)

Combined coverage for special advantages

At BRIA Insurance & Risk Consultants, we’re committed to providing insurance solutions that keep small-to medium-sized businesses protected. That is why we combine various coverage options into one convenient package – for more benefits than a typical business policy and better savings through competitive pricing.

A Business Owners Policy (BOP) from BRIA Insurance & Risk Consultants allows your business to create a customized insurance policy that combines Property, Commercial General Liability, and Crime Insurance, as well as additional coverage types based on your needs.

The proper Business Owners Policy can keep your day-to-day operations protected with options such as:

• Products and Completed Operations.
• Premises Liability.
• Premises Medical.
• Fire Legal Liability.
• Business Income Insurance.
• Building and Personal Property Protection.
• On-Site Equipment Insurance.
• Coverage for Inventory Loss.
• Crime Insurance.

Find out if your business is eligible

Since Business Owners Policies apply only to special types of businesses with specific needs, operations, and risks, it’s important to contact a specialist at BRIA Insurance & Risk Consultants who can help you determine whether a BOP is right for your small-to medium-sized business.

Commercial Auto Insurance

Peace of mind for business on the road

BRIA Insurance & Risk Consultants understands the value of your commercial vehicles and the employees who drive them. From trips across the country to local deliveries and promotions, your mobile business fleet takes on the open road to keep operations running smoothly – but accidents do happen.

To prevent losing your hard-earned revenue due to an auto accident, you will want to ensure that your vehicles, products, and drivers are insured in the event of property or vehicle damage, bodily injury, legal costs, and more. With Commercial Auto Insurance from BRIA Insurance & Risk Consultants, we will work with you one-on-one to create a customized policy that may include:

• Bodily Injury Liability.
• Medical Payments.
• Personal Injury Protection (PIP) Coverage.
• Comprehensive Coverage.
• Collision Coverage.
• GAP Coverage.
• Uninsured and Underinsured Motorist Coverage.

Additional options like Bailee Coverage are available if needed. Bailee Coverage insures property loss or damage when in your company’s care, control, or custody – for example, product protection for items on a semi or delivery truck.

Since Commercial Auto Insurance coverage varies, it is important to discuss your business’s options with a specialist at BRIA Insurance & Risk Consultants who can help you determine the proper amount of coverage for all your commercial needs.

Auto Insurance is an essential financial decision that will keep your business covered. The next time your fleet takes the road, make sure it is protected with a Commercial Auto policy from BRIA Insurance & Risk Consultants.

Commercial General Liability

Critical assurance for the protection of your business

Running a business is a major responsibility that can involve many risks. Not only are you responsible for ensuring that your day-to-day operations run smoothly, but you are also accountable for keeping your employees and property insured from injuries and damages. At BRIA Insurance & Risk Consultants, we can help you create a policy that is designed to safeguard the best interests of your business – so you can focus on serving your customers and increasing your profits.

Commercial General Liability from BRIA Insurance & Risk Consultants can prevent major financial losses if your business is sued or held legally responsible in the event of bodily injury or damage. With the proper policy, you can have most medical expenses, attorney fees, settlements, and reimbursements covered. Coverages from BRIA Insurance & Risk Consultants include:

• Premises Liability.
• Products and Completed Operations.
• Premises Medical.
• Fire Legal Liability.
• Casualty Coverage.

Other types of Commercial General Liability include Garage Keepers Liability and Employment Practices Liability. If you run an auto service operation, having Garage Keepers Liability coverage will protect your customers’ vehicles from fire, vandalism, theft, or other damages. An option like Employment Practices Liability will protect your business if an employee’s legal rights have been violated.

Additional commercial liability

Other specialty types of Commercial Liability, such as Foreign, Liquor, and Concession Liability, can aid in furthering the safety of your business’s future.

• Foreign Liability protects employees who travel out of the country (for business purposes) in the event of injuries, damages, and lawsuits.
• Liquor Liability includes covering damages and injuries in which your business is held legally responsible as a result of serving liquor – from liquor establishments to office parties/special events.
• Concession Liability keeps your special event stand insured from damage, accidents, or accidental injuries sustained to pedestrians.

Since there are many types of liability coverages, it is important to talk with a specialist at BRIA Insurance & Risk Consultants about the best options for your business.

Commercial Property Insurance

Protection for your business itself

Every day you work hard to ensure that your business stays up and running. From serving your customers and offering your products and services to providing your employees with jobs, your business is a powerhouse of activity. That is why it is important to make sure your commercial property is protected because accidents do happen, and the last thing you want to experience as a business owner is being out of commission and under the wrong policy.

With a custom Property Insurance policy from BRIA Insurance & Risk Consultants, you can ensure that the building itself and the personal property of your business is protected from minor accidents or a major financial loss. Our insurance specialists can help you create a policy that keeps your small-to medium-sized business insured from top to bottom by covering such items as:

• Your building.
• All interior items (desks, furniture, etc.).
• Any outdoor signs on your property.
• On-site equipment.
• Your inventory.

Other items that are typically found on a Property Insurance policy may include Builder’s Risk Insurance and Equipment Breakdown coverage. Builder’s Risk protects any materials or equipment from damage or loss sustained during construction or remodeling, while Equipment Breakdown, or Boiler and Machinery, keeps any electrical, electronic, or pressurized equipment on your premises insured from breakdowns or loss.

Additional business protection

In some cases, your business can save more by combining property with liability for the convenience of having your business needs met. To find out more about combining coverages, contact BRIA Insurance & Risk Consultants today.

Commercial Umbrella Insurance

Extra protection that keeps you in business

As a business owner, keeping your business insured is one of the most important financial decisions you can make. But if you don’t have a sufficient amount of coverage, your current policy may not have the extra layer of protection needed for situations that can jeopardize your finances or even your operations.

With Commercial Umbrella Insurance from BRIA Insurance & Risk Consultants, you can protect your business and your assets in the event that your company gets sued in a major lawsuit.

A Commercial Umbrella policy will provide your business with additional coverage should a lawsuit or major accident exceed the limits of your existing or underlying, general, auto, or other business liability policy. It can also insure an incident that occurs outside of your coverage territory.

What does commercial umbrella insurance cover?

Major lawsuits are a result of accidents that occur either on or off the premises of your business. The following are examples of situations where Commercial Umbrella coverage can safeguard your business:

• Accidental falls or slips on your property.
• A carbon monoxide leak in your building.
• Libel, slander, or invasion of privacy.
• If one of your products causes injury or illness.
• If a fire in your building damages other property.
• Violations of Employment Practices Liability.
• If your business vehicle is involved in an accident.

How much umbrella coverage is enough?

Since lawsuits can be expensive and accidents do happen, you can never be too careful with your coverage options. That’s why at BRIA Insurance & Risk Consultants, our helpful insurance experts will work with the individual needs of your business to find a level of protection that keeps you and your operations secure. Commercial Umbrella Insurance is simply an affordable coverage that can help you avoid major losses.

Protect your business personally and financially with a Commercial Umbrella policy from BRIA Insurance & Risk Consultants.

Crime Insurance

Specialty coverage for dishonesty in the workplace

Unfortunately, crime and employee dishonesty can happen. As a business owner, sometimes it’s impossible to know whether the employees you hire are an honest fit for the job, and, by the time you discover the truth, the damages can be costly.

At BRIA Insurance & Risk Consultants, we can help your business develop a plan that keeps your assets protected in the event of such a specific circumstance. With Crime Insurance, your policy can include coverage for various situations, such as:

• Robbery or burglary.
• Computer Fraud.
• Employee Dishonesty.
• Theft of Business Property.
• Forgery.

For more details, check out an informational video courtesy of our friends at Chubb Insurance.

Directors’ and Officers’ Liability

Directors’ and Officers‘ Liability Insurance (D&O) is liability insurance that helps cover defense costs and damages arising out of wrongful act allegations and lawsuits brought against the officers and directors’ of a company.

It has become closely associated with broader management liability insurance, which covers liabilities of the corporation itself as well as the personal liabilities for the directors and officers of the corporation.

Please contact our office with any questions.

Employment Practices Liability

Employment Practices Liability (EPL) is an area of United States law that deals with wrongful termination, sexual harassment, discrimination, invasion of privacy, false imprisonment, breach of contract, emotional distress, and wage and hour law violations.

Most commonly, EPL deals with laws and protections brought under various Regulations, like Title VII of the Civil Rights Act of 1964, the ADA (Americans with Disabilities Act) of 1990, the Civil Rights Act of 1991, ADEA (Age Discrimination in Employment Act) of 1967, and Family and Medical Leave Act (FMLA).[1][2] The Equal Employment Opportunity Commission (EEOC) interprets and enforces these laws.

The EEOC recognizes 11 types of employment practices discrimination: age, disability, equal pay/compensation, genetic information, national origin, pregnancy, race/color, religion, retaliation, sex, and sexual harassment.

Fiduciary Liability

Fiduciary insurance is a form of liability insurance which helps protect officers of an organization and other persons acting in some capacity relating to an employer’s pension plan, savings, profit sharing, employee benefit, and health and welfare plans arising from a breach of these fiduciary duties.

We are here to help. Learn more about BRIA Insurance & Risk Consultants.

Inland Marine Insurance

Off-site protection for your valued assets

Your products and equipment are the backbone of your success as a company. From transported goods and hauled equipment to storage items and even construction tools, it is important to keep your investments protected. With Inland Marine coverage, you can avoid damages sustained in the event of accidents, theft, vandalism, or total loss.

At BRIA Insurance & Risk Consultants, we are dedicated to providing the coverage your business needs for the asset protection it deserves. Our Inland Marine policies ensure that when your business is on the move, we will protect certain items, such as:

• Transported property.
• Computer equipment and data.
• Contractor’s tools.
• Artwork.
• Buildings under construction.

What inland marine can do for your business

No matter what business you are in, an accident can happen at any time. That is why it is important to have an Inland Marine policy from BRIA Insurance & Risk Consultants to provide your business with the appropriate coverage it needs during transit.

Since Inland Marine covers items outside of your standard Business Property Insurance policy, having additional coverage to keep your equipment insured off-site is critical. This coverage can also extend to protect your business’ goods or equipment when transported by ocean and air, also known as Ocean Marine.

Contact an Inland Marine specialist at BRIA Insurance & Risk Consultants today to find out how your business can insure its most valuable assets while working or traveling off-site.

Professional Liability

Mistakes happen

In today’s litigious society, lawsuits against businesses are common. And as a business owner, you need to be prepared to protect the integrity of your company if an incident or mistake turns into a claim.

At BRIA Insurance & Risk Consultants, we understand that mistakes happen. That is why we are committed to helping you create a Professional Liability policy that keeps your day-to-day operations protected should your business be held legally liable.

What does professional liability cover?

While it is important for your business to have general liability coverage for property damage and bodily injury, BRIA Insurance & Risk Consultants recommends adding Professional Liability Insurance to your business portfolio because it insures the people and/or entities of your business from negligent claims made by third parties or even internal sources.

From failure to render a service to malpractice suits, Professional Liability can provide a wide variety of options, such as:

Errors and Omissions Liability (E&O) – E&O covers any mistakes made by employees who work on behalf of your business, if your business charges fees for your services. It can include coverage for any errors such as failure to perform or violations of contract. Depending on your industry, your insurance needs will vary.

Looking to learn more? Watch the video below from our partners at Chubb Insurance.

Worker’s Compensation

Keep your employees protected

BRIA Insurance & Risk Consultants understands the value of good employees. We know that your day-to-day operations depend on their hard work, expertise, and dedication, and if you supply them with quality benefits and plans, they can work with the peace of mind assurance that they are properly protected.

But should an accident happen, having the right Workers’ Compensation plan from BRIA Insurance & Risk Consultants can allow your business to ensure payments and cover expenses if an employee is injured from a work-related accident. Injuries can range from car accidents and back injuries to equipment malfunctions and, in some unfortunate cases, death.

Worker’s Compensation can cover financial obligations such as:

• An injured employee’s medical expenses/treatment.
• The replacement of lost wages from injury time off.

If your business does not offer Workers Compensation, serious injuries that occur on the job could lead to an employee suing your company for damages. That is why it is important to discuss your options with a specialist at BRIA Insurance & Risk Consultants who can help you find the right coverage options for all your business needs.

Bonds

Assurance for you and your business

Owning a business means taking risks. At BRIA Insurance & Risk Consultants, we offer a variety of bond and license services to ensure that your business is protected. While there are many bonds from which to choose, they can be issued for an extensively wide range of circumstances, and choosing the right bond to suit your needs can be a difficult task.

The professional and knowledgeable bond specialists at BRIA Insurance & Risk Consultants will work with you to develop a business solution to help meet all of your bonding goals. In addition to providing quality surety products, we also provide various licensing and permit services to ensure that your business runs to the letter of the law.

Our business solution services include:

• Performance Bonds.
• Contractor’s Bonds.
• ERISA Bonds.
• Fiduciary Bonds.
• Sub-Division Bonds.
• Court Bonds.
• Conservator Bonds.
• Surety Bonds.
• Fidelity Bonds.
• Public Officials.
• Liquor Licenses.

We provide bonding and license services to businesses near Austin, Lakeway, Bee Cave, Round Rock, Georgetown, and Westlake.

If you need a bond or license, contact a bond specialist at BRIA Insurance & Risk Consultants today to help you find the surety products and keep your business covered.

Fidelity Bonds

Protect your business from theft and dishonesty

As a business owner, even if you take every precaution possible to ensure the security of your business assets, theft and dishonesty can still happen. Without the right coverage, businesses can lose important data or experience major financial losses as a result of fraudulent activity.

A Fidelity Bond from BRIA Insurance & Risk Consultants can indemnify your company in the event of theft. Our coverage options range from the protection of businesses to the security of non-profit and professional organizations. With the right Fidelity Bond, you can cover your assets, including money, personal belongings, computer equipment, supplies, and more. Your business or organization can also cover any employees or volunteers.

Types of fidelity bonds

Fidelity Bond options from BRIA Insurance & Risk Consultants include:

• ERISA Bonds – for covering any claims that involve a violation of the Employee Retirement Income Security Act (ERISA). This includes situations that range from imprudent investments to failure to enroll employees.
• Employee Dishonesty Bonds – that cover fraudulent acts committed by employees on the property of your business, including theft and other violations.
• Business Service Bonds – that protect against theft of a client’s or customer’s property on their premises as a result of your employee’s careless actions.

While there are other options available, it is important to discuss the needs pertaining to your business with a licensed professional. At BRIA Insurance & Risk Consultants, we can provide you with the proper protection to keep your assets secure. We invite you to learn more about BRIA.

Surety Bonds

Back your obligations

Your primary goal as a business owner is to ensure that your operations run smoothly and efficiently on a daily basis. But in special circumstances, the performance of your business may require extra attention that assures an obligee that you, the principal, are performing as promised.

At BRIA Insurance & Risk Consultants, we specialize in providing bonding services that help to protect the integrity of your business. Our Surety Bond services include writing agreements that guarantee the party requesting the bond that your business will uphold its obligations.

Types of surety bonds

BRIA Insurance & Risk Consultants can write a variety of Surety Bonds including:

• Performance and Payment Bonds.
• Contractor Bonds.
• Sub-Division Bonds.
• Court Bonds.
• Conservator Bonds.
• Fidelity Bonds.
• Public Officials.
• Liquor Licenses.

Since there are many types of surety products, it is important to discuss your options with a licensed, professional bond agent. Our underwriting services are flexible to meet your unique business needs, and we specialize in a high degree of customer care that will ensure maximum consideration for your assets.

Contact a bond specialist at BRIA Insurance & Risk Consultants today to keep your commercial responsibilities protected.