What is the NATE STAR Initiative?
What is the NATE STAR Initiative? The National Association of Tower Erectors, or NATE, has developed the STAR Initiative program as a way to improve safety for tower climbers, as well as providing education and programs for companies in the telecommunications industry. Currently in its sixth year, the NATE STAR Initiative has 134 companies enrolled, which is an all-time high. The program’s main purpose is to encourage telecom companies to work under best safety practices for tower climbers and to recognize those who hold themselves to a higher level of safety standards. After all, the goal is to… Read More >
Do You Have A Tragedy Management Team?
Do You Have A Tragedy Management Team? Disaster can strike at any time, and often does when you least expect it. When the unthinkable happens, does your telecom company have a team assembled to help you recover? While avoiding tragedy altogether would be ideal, it is important to be prepared for unforeseen circumstances. A tragedy management team focuses on creating plans to deal with the impact of disaster minimizing its effect. Without one, your company risks the loss of revenue and damage to assets due to natural disasters, fire, public disorder, or industrial accidents. Tragedy Management Basics When planning… Read More >
The Advantages of Directional Boring
The Advantages of Directional Boring Directional boring is a method used by many companies in the telecommunications industry to install underground piping and conduit along a predetermined path from the surface, while disturbing the surface and surrounding area as little as possible. Also known as horizontal directional drilling or HDD, directional boring allows telecommunications personnel to install piping and conduit up to 6500 feet in length, and up to 4 feet in diameter. Directional boring is used in a wide range of tasks including running water and gas lines, but the telecommunications industry generally uses this technique for running… Read More >
Why You Need 3rd Party Employment Practice Liability Coverage
Why You Need 3rd Party Employment Practice Liability Coverage We live in an ever-increasingly litigation-happy world, where the threat of a lawsuit is always present. Even staying within legal limits at all times is often not enough to avoid being sued by a disgruntled employee or customer. Though the majority of lawsuits are groundless, the cost of defending your company is high, and the process is time-consuming. By carrying Employment Practices Liability Insurance (EPLI), you protect your business against lawsuits from present, prospective, and past employees who may sue your company for any ‘wrongful acts’ like discrimination, sexual… Read More >
How does Crime and Fidelity Coverage offer your Company a Safety Net?
How does Crime and Fidelity Coverage offer your Company a Safety Net? As indicated by the 2016 Report to the Nations on Occupational Fraud and Abuse, the typical organization loses 5% of their total revenue per year as a result of fraud, totaling over $6.3 billion in 2016 alone. With statistics like that, it’s critical to ensure your telecommunications company is adequately protected from crime and theft with crime and fidelity coverage. You may think that your company has taken the appropriate measures to prevent crime and fraud by retaining trusted employees and implementing risk management controls, but… Read More >
Inland Marine Insurance: Are You Fully Covered?
Inland Marine Insurance: Are You Fully Covered? The name might be a bit misleading, but inland marine coverage does not cover products transported over water like marine insurance. Instead, inland marine insurance protects your goods, materials, and equipment when transporting them over land, or if a third party is warehousing them. As a business in the telecommunications industry, it’s important to cover your business fully. Most of your contracts require you to carry at least a $100,000 installation floater covering material in transit or on the job site. Do I Need Inland Marine Coverage? Many business owners believe… Read More >
Changes to Look for in Workers’ Compensation for 2017
Changes to Look for in Workers’ Compensation for 2017 With 2017 well underway, the issue of workers’ compensation has been hotly debated. With many changes on the horizon, including a new presidential administration, there is sure to be some shake-ups that could affect telecommunications workers throughout the country. Some of these issues include: Healthcare Reform Regardless of views either for or against the Affordable Care Act, one thing is for certain: change is on the way. The likely shift from a fee-for-service model to one that is value-based and centered around getting the best possible outcomes may have… Read More >
Should you Consider Commercial Auto Insurance?
Should you Consider Commercial Auto Insurance? As a professional in the telecommunications industry, there is a high probability that you regularly commute to worksites or the offices; but what happens if you are involved in an accident while driving a company vehicle? This is where commercial auto insurance comes in. It provides the coverage you need to protect you and your business from financial trouble. It doesn’t matter the capacity in which vehicles are used for your business, if you use them at all, a commercial auto policy will keep you protected. Protecting Telecommunication Professionals It took hard… Read More >
Why is General Liability Insurance Important?
Why is General Liability Insurance Important? General liability Insurance helps protect you and your business from financial loss in the event you are responsible for property damage or personal injury because of your services or employees. This coverage specifically protects you against non-professional negligent acts, which is important to understand, as a business can be quite unpredictable. Many situations happen with little warning, which increases the need for such insurance coverage. What is General Liability Insurance? General liability coverage protects businesses against unforeseen accidents and problems. It is often the unforeseeable events that are the most hazardous and difficult… Read More >
What is Google Fiber and How Does it Impact The Telecom Industry
What is Google Fiber and How Does it Impact The Telecom Industry Six years ago, Google launched what was (at that time) thought to be just an experimental project called Google Fiber. Originating in the Kansas City metropolitan area, Fiber was established under the Access division of Alphabet, Inc. and has quickly grown into one of the newest FTTP (fiber to the premises) services today. What Is Google Fiber? FTTP (Fiber to the Premises) is a blanket term that is often used to refer to the provision of fiber optic cables carrying telecommunication services, such as telephone, broadband Internet,… Read More >