13 Jan What Private Investigators Do for Your Business Liability
Business Liability
Business liability losses have increased by close to 40 percent since 2016, according to the Insurance Information Institute. The staggering increase is a reminder that an ounce of prevention is worth a pound of cure.
One way that business owners can keep themselves protected is to employ a private investigator. This ensures the quality of employees as well as the protection of private data and intellectual property. In this article, we’ll be examining all the ways a PI can help to reduce liability.
Keep You From Poor Hiring
Bad employees can do more than just hurt the reputation of your business. They can put you in the crosshairs of litigation. No one wants their business to “go viral” these days, at least not for the wrong reasons. It can be incredibly difficult to salvage your reputation. Hiring a PI for businesses is how several business owners are getting around the threat. Catching areas of concern before you extend the offer will reduce the odds of you facing a lawsuit resulting from employee negligence.
Protect Employees From Certain Dangers
Workplace safety is a concern of everyone, from police officers to teachers. No matter what profession an employee is in, they have the right to feel safe at work. It’s part of the job of the private investigator for businesses to research the people, places, and data, to ensure employees are facing no underlying threats. Having that extra layer of protection for your business can save you from unforeseen liabilities as well.
Safeguard Your Intellectual Property
As alluded to in the last section, the business liability risks you face aren’t simply background checks. Data is important as well, especially with all the different threats it can face on a daily basis. Think about the information and intellectual property that your employees have access to. That’s great when they’re working for you, but what happens when things go wrong?Disgruntled employees can use your IP to grind an ax from time to time. Private investigators can help you investigate and prosecute when that information is compromised.
Ensure Employees Are Following Protocols
Another benefit of liability investigations is to make sure your employees are doing what they’re supposed to be doing to ensure public safety. Think about the 31 million vehicle safety recalls that happen each year in the US alone.
These recalls can happen due to design flaws or faulty assembly at the manufacturer. A private investigator conducting business liability investigations can help resolve some of these issues by following up on employee activities that may result in product liability.
Protect Your Business Liability With A PI
The areas above are but several of the ways that a private investigator can help you navigate the tricky waters of business liability. Do any of these issues keep you up at night?
If you hire an experienced private investigator to help with your hiring and background research, you’ll sleep a lot better. Contact Robert Caswell Investigations today for a complimentary consultation or to book PI services for your business.