Respected Firm on a Mission to Protect Franchise Systems from Litigation, Other Losses
April 21, 2008 // Franchising.com // Denver, CO – For the first time in the history of franchising, a well-known insurance agency is armed and ready to "watch the backs" of franchisors and franchisees.
With 80 percent of franchisors currently without franchise litigation insurance, Cherry Creek Insurance has taken the lead among just a handful of firms specializing in franchise insurance nationwide. The most recent success story out of Cherry Creek Insurance is the launch of a unique form of insurance protection offered by only a select few national insurance carriers – franchise litigation insurance. This rare form of insurance protection ultimately covers franchisors from franchisee lawsuits, such as territory issues, lease terms and training...
