Blog Page 20
What is a Risk Management Consultant?
A risk management consultant is an advisor who helps organizations and individuals assess their risk and develop a plan to minimize their exposure to loss. A risk management consultant can help you prepare your organization from the damage any single adverse event could cause. Whether it is developing a strategy to avoid, mitigate, or transfer any risk; creating the plan, and implementing it is critical.
Commercial Risk Management - Why Your Business Needs It
Commercial risk management is a strategy that organizations use to secure their assets, minimize liabilities, and protect the cash flow of their organization. A good risk commercial management plan will increase your business's stability and give you the tools to succeed in a marketplace that your competitors can't.
Business Insurance Coverage - An Overview
Every business, large and small, has unique exposures to risks. Although there are many ways to handle your business vulnerabilities, the most popular method is through insurance contracts (known as "the transfer of risk"). If you don't know if you want to get insurance for particular business risks, ask yourself these questions.
What Are Risk Mitigation Strategies?
As a business owner, you are surely aware of how your business runs and what goals you need to meet for your business to grow and thrive. But, have you considered how your risk mitigation plan and controls fit into your growth plan? Risk mitigation is critical to lowering your liabilities so that you can use your cash for what matters most -- growth.
Workers Compensation Experience Modifiers: What You Need To Know
The workers compensation experience modifier can drastically affect the pricing of your insurance program. Here is what the experience modifier is, how it works, and how you can leverage it to benefit your business.
Is Your Business Insurance Policy Ready For Tornado Season?
Spring is here and, for many, that means tornado season is in full swing. As a business owner, you need to know and understand the terms of your insurance before high winds or hail damage your property. Many different coverages could benefit your business, but below are the first things we look at and review when preparing our clients for the spring and summer weather.
What Does Building Owner's Property Insurance Cover?
As an owner of revenue generating real estate, the chances are that you have significant assets tied up in the property. It is not only vital that you have property insurance but also have the right coverage for your building portfolio.
The Importance of Liability Insurance for Residential and Commercial Landlords
The liability risks associated with owning leased real estate and apartments property can be enormous. Keeping up with activities of tenants, their guests, building maintenance, contractors, and building management is nearly impossible. Therefore, carrying general liability insurance on these properties is critical to your overall risk management strategy. Not only does it protect you against a wide range of potential lawsuits, it even defends you against fraudulent claims.
CG 2294 - The Subcontractor Exclusion
The subcontractor exclusion and why you should look out for it
Telematics and Usage-Based Auto Insurance
Could telematics or usage-based insurance (UBI) prove to be an effective solution to lower business auto insurance rates?