
Michael Spath
7 posts
A small business insurance counselor and broker, Michael Spath joined Kapnick Insurance Group after more than four years of running his own small business. Michael has always been a champion for small businesses and believes not only in providing advice and service but investing in their success, offering an extensive collection of networks and potential partnerships that can be mutually beneficial.
Your Technology Company Needs E&O Insurance: Here’s Why
Every business has unique risks that can seriously harm its operations if not properly addressed. As a business utilizing technology to produce and deliver products or services, it’s important to recognize and take precautions against...
May 16, 2022
When Do You Need Business Insurance?
A few weeks ago, I bought a new car. It was a stressful experience because of the shortage of vehicles at dealerships across the country. Incredibly, I was able to work out a sale price...
November 29, 2021
Errors and Omissions Coverage Is A Must for Technology Businesses
In early September, I attended the Ann Arbor New Tech showcase. This event featured several startups in the technology sector, ranging from software programming to app development. After three presentations, I offered a two-minute spiel...
October 4, 2021
A Summer Of Storms In Michigan Has Made Business Income Interruption Insurance A Must
In early August, on one particular Wednesday, thunderstorms raged through southeast Michigan for hours – I remember well because our 1.5-year-old was awoken by every loud rumble of thunder – leaving more than 900,000 DTE...
August 30, 2021
There’s No One Way to Pick an Insurance Broker (But Here’s a Cheat Sheet)
To start or run a small business, an entrepreneur has an incredible number of tasks to check off, the biggest being getting paid customers through the door or clients to sign on. With such an...
August 18, 2021
Business Owner’s Policy: Why Your Startup Needs This Type of Insurance Now
Like many industries, the insurance world has its own language, with a glossary full of acronyms that routinely spill out of an agent’s mouth: GL (general liability), E&O (errors and omissions), EPL (employment practices liability),...
July 20, 2021
Here’s Why Cyber Insurance is a Must for Startups (and it’s Affordable)
The dreaded 180-day notification arrives on your computer. It’s time to change your password again. What version of a pet’s name or mother’s maiden name will you use this time? Max1234? Sherbert5678? Now, you must...
July 13, 2021