Protect against what can go wrong so you can invest in all that can go right.
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- Risk Management
Do Business Confidently
This program is more than just a new insurance quote.
The Business Protection Program© is risk management that gets results.
The Business Protection Protection Program works for any business.
Manufacturing | Start-ups | Education | Non-profit | Retail | Service Businesses
Set an appointment with one of our experts
We will review your current situation and conduct a thorough needs analysis.
Our team will help you put your plan in motion.
You’ve worked hard to build your business. The countless hours between client meetings, employee scheduling, job bidding add up fast. It’s a lot and we know it. Having the right insurance for your business is vital. When something goes wrong, you need to know with certainty that your policies will respond the way you want them to.
- General Liability
- Errors and omissions
- Workers Comp
- Cyber Liability
- Directors and Officers
- Business interruption
Risk management is the identification, assessment and prioritization of risks and the subsequent coordinated and economical application of resources to minimize, monitor and control the probability and impact of losses. Effective risk management activities create value and should be an integral part of the decision-making process. How does risk management impact your bottom line?
- Opportunity for better pricing on insurance premiums
- Saves out-of-pocket costs like deductibles
- Ensures a safe and stable environment for employees, volunteers and customers
- Helps you understand and be prepared for risks before losses occur
- Bid Bond – provides financial assurance that the bid has been submitted in good faith. The contractor intends to fulfill his/her responsibilities at the price bid and will provide necessary performance and payment bonds.
- Performance Bond – protects the project owner from financial loss if the contractor fails to perform the duties outlined in the contract.
- Payment Bond – guarantees that the contractor will pay subcontractors and laborers, and for supplies relating to the project at hand.
Payroll and HR
Human Resources is at the heart of proper risk management. Businesses are made up of people. Those people interact with customers (people) or other businesses (again, constituted of people). SO the effective management of people is vital to managing an organizations risk. Through our partnership with Payroll Medics, we are able to offer comprehensive HR and payroll services at a very affordable price. In fact, as a client of Magnolia insurance Group, you will receive a discount off their regular pricing.
Part of maintaining a healthy workforce is planning for the future, and retirement is a vital part of that planning. The risk of outliving your money is too great to ignore. Hilbert Financial Group, a registered investment advisor, is equipped to help personnel of all levels; from ownership to entry-level employees. Ask your Magnolia Insurance adviser for an introduction to HFG today.
- Individual Planning
- Payroll-deducted IRAs
- 401k Plans
- And More!
Group Health Plans
Does health insurance confuse you? Are you as a business required to provide it? Health insurance is an ever-changing landscape, but you don’t have to be overwhelmed by it. Dedicated advisers at Magnolia Insurance are ready to help you. Just schedule an appointment today to get the wise advice you need.
- Multiple carrier options
- Easy to use technology
- Traditional plans
- Self-insured options
- Enrollment services
- Ancillary products including dental, vision, life, accident, cancer, and more.
Business Succession Planning
most businesses, you are likely making plans for the future of your company. But how far ahead do you look? What scenarios have you accounted for? Do any of your plans operate if you or other owners arent in the picture? Good risk management takes into consideration the succession of a business. Succession planning accounts for both planned and unplanned changes in ownership. You may plan to retire and sell the business one day or pass it down to heirs or other partners. But what happens if an owner suddenly dies or is incapacitated? Magnolia Insurance Group has highly skilled experts ready to help you mitigate business succession risk.