Travelers has partnered with the Women's Business Development Center (WBDC), a program that fosters entrepreneurship, and with nonprofit microfinance institution Accion to teach female and minority business owners about risk management.
The Small Business Risk Education (SBRE) program was launched on Thursday in Chicago, where SBRE estimates 47 percent of all jobs are created by small companies.
SBRE will help its members develop risk management plans by increasing awareness of the most common safety risks faced by small businesses and offer training on business continuity planning.
Participants will receive one-on-one assistance from Travelers and WBDC experts and assistance applying for microloans through Accion to support capital investments related to sustainability and growth.
Travelers piloted SBRE in Los Angeles in 2012 along with the Valley Economic Development Center, and plans to expand the program to additional markets next year.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
