You don’t know what you don’t know, but Susan Combs can tell you. I talked with this business insurance whiz and got some great information for you on insuring your business.
Though Susan often works with companies just entering the U.S. market, her wisdom applies to every company — even solopreneurs and small businesses.
In this audio interview, we discuss:
- The basics and benefits of insuring your business
- Terms you need to know, like underwriting
- What information your insurance company will need from you
- Why you might be getting contracts with odd or unnecessary clauses
- An inside look at health insurance for companies with employees
- How liability insurance works for people in co-working spaces or home offices
- Why underwriters look at your website
- The danger in eating your own dog food (yes, really)
One of the most interesting things I learned is particularly relevant in the pandemic age: If you’ve pivoted your business to start offering online classes or courses, your insurance needs might have changed, too.
Listen below!
Susan L Combs began her entrepreneurial journey in 2005 when she formed Combs & Company at 26 years old. A mentor told Susan that her tenacious spirit and “fixer” personality would shake things up in the insurance industry. Combs & Company is a full service insurance brokerage firm with an expertise in the “weird & unusual.”
Leveraging a knack for solving difficult circumstances, Combs & Co. has become a go-to resource for those companies that don’t fit an insurance carriers’ typical profile, such as entertainment, food, and international companies setting up their first U.S. operations. Susan also serves on the Advisory Board of Directors for Allay, Inc and Oscar Health, both insurance technology companies based in San Francisco and NYC respectively.
Susan has built her company on the concept of “Do more, better,” and has worked to instill that attitude in every member of her team. She also takes this message to the companies she advises and the developing leaders who she mentors through Women in Insurance & Financial Services (WIFS). Susan is noted as the youngest National President (2014-2015) in the 80+ year history of WIFS, and served on the National Board for 7 years.
Although she lives in New York City with her husband, Sean, and their four-legged “kids,” she enjoys heading back to Missouri for a visit with her mom (former entrepreneur), who still live in her hometown of King City, MO (population 1013).
Susan L Combs, PPACA, ChHC, REBCCombs & Company, LLC234 Fifth Ave, Ste 501New York, NY 10001W: 646-736-3737E: scombs@combsandco.comW: www.combsandco.com
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