Commercial Business Liability Insurance: A Summary of Business Liability Insurance Policies

It doesn’t matter what kind of industry a business is involved in: there is always the potential to be held liable for some incident or another – especially in this sue-crazy society. You never know what kind of claim your company might be faced with, whether it’s due to alleged negligence or wrongdoing. Depending on where you live, you’re probably required to have at least basic commercial business liability insurance.

There are different levels of Commercial General Liability and you need to learn the difference between occurrence-polices and claims-made policies. The former covers claims as long as the events regarding the claim occurred during a specific time period. The latter provides coverage over a specific period of time, EVEN IF the event occurred prior to the purchase of that coverage.

Some insurance companies offer business policies that cover specific types of liabilities based on the industry. If you’re a tech consultant, for instance, and don’t have much physical property, then you’ll want electronic data protection as part of your policy. For some professionals and tech businesses, electronic data is even more valuable than infrastructure or office furniture.

There are free quotes and consultations out there to help you obtain the best (and most affordable) commercial business liability insurance possible. The quote will vary depending on the type of industry you’re involved in, size of business, location, state, previous claims history, and other factors. It’s important that you take the time to fully assess your risk exposure and then buy a policy that will best protect you, as coverage may be capped as a specific dollar amount for the specific policy period.

Commercial Business Liability Insurance for IT Professionals

Even if you’re an IT professional and don’t use your own equipment, yet have access to your clients’ equipment, you might want to consider liability insurance to protect you just in case you accidentally damage the equipment, or get accused of any losses regarding the equipment.

On the other hand, if you are a business owner and have some employees, most states require you to have some kind of workers compensation policy. The minimum number of employees varies by state. This type of policy protects employee(s) if they become ill or suffer an injury while on the job. It usually DOESN’T cover non-traditional employees such as volunteers or interns.

For those involved in the advertising / marketing / journalism industries, there is copyright infringement, libel, slander, etc. to worry about. Some business insurance policies cover this.

Once again, you must look for a quote that covers the type of coverage you need for your specific business and industry. The best place to begin searching for the right commercial business liability insurance package is with Hiscox. In addition to excellent, custom policies, Hiscox Insurance offers the tools and tips to help you make your decision.

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What Is the Role of SLAM in the World of Augmented Reality

This is the era of technology, especially artificial intelligence. Although there are numerous wonders of technology, we are going to focus on SLAM for the sake of this article. If you are not familiar with this term, you are on the right page. We will help you get familiar with this technology that is going to bring a revolution in the world of artificial intelligence. Without further ado, let’s check out what this is all about. Read on to find out more.

Primarily, SLAM is one of the most advanced technologies that help with the detection of the surrounding environment. This technology is used in mobile robots that perform different repeated operations based on a virtual map.

These robots can see their position without any problem. Primarily, this technology is used in the world of robotics, such as drones, unmanned aerial vehicles, automatic forklifts, unmanned vehicles, and robot cleaners, just to name a few. As a matter of fact, you can create a long list of devices that depend on this technology for optimal functionality.

In 1995, SLAM was used at the International Symposium on Robotics research. Another conference held in 1986 paved the way for a mathematical definition of this technology. Afterward, tons of studies were conducted based on navigation devices and statistical theory. So, the research is still going on in this department.

In 1998, experts introduced an approach of using just one camera with no sensors. Therefore, this development resulted in a vision-based SLAM, which makes use of a camera in the form of a 3D position detector.

Localization & Mapping

Localization

Localization refers to pinpointing the location of something. In the world of SLAM, this technology helps a machine such as a robot when it comes to the estimated location on the basis of visual information. It is as if you see a new place or spot for the first time.

Since we do not have an accurate sense of defense or distance, we may get lost, especially when we are in a new city or country. The good thing about robots is that they can easily figure out the parts and direction of movement in relation to the surrounding environment. This is the reason they can easily perform localization.

Mapping

Mapping refers to a process of analysis that helps robots collect a lot of information to create a visual image of the environment around them. As a matter of fact, vision-based SLAM is a technology that makes use of cameras for mapping.

The Function of SLAM in the world of AR

Augmented reality creates a combination of the virtual image in real life. For augmented reality, specific technology is needed to detect the environment around it. Plus, the same technology is required for detecting the relevant position of the powerful cameras.

Therefore, we can say that SLAM plays a great role in a number of areas like interaction, interface, graphics, display, location tracking, and location detection, to name a few.

Long story short, this was a brief introduction to the role of SLAM in the world of Augmented reality. Hopefully, this article will help you get a lot of information about this technology.

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