Changes in Business Insurance for 2018

By Mike Switzer

Published January 26, 2018 at 5:17 AM EST

Businesses, like individuals, face a myriad of risks. Which is why businesses, like individuals, purchase insurance. As 2018 unfolds, our next guest says that there are some significant challenges facing the business insurance industry that the business community needs to be aware of.

Mike Switzer interviews Tommy Suggs, president and CEO of Keenan Suggs/HUB Carolinas in Columbia, SC.

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Mike Switzer

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.

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