Preventing Losses - Objective Answers
Vendors, suppliers, service providers, and consultants have become indispensable to many businesses. "Vendor" is a generic term for many sales and service providers, such as couriers, cleaners, accountants, bookkeepers, strategy or insurance consultants, lawyers, insurance brokers, outsourced HR, IT gurus, engineers, architects, contractors, handymen, and etc. Not only does outsourcing move costs from “fixed” [...]
Even after all your risk management time and effort, most firms need insurance to protect the bottom line from unexpected large losses or lawsuits. Is insurance just a necessary expense? If you buy transactionally - meaning you buy a new policy when the need arises, and cancel when you think the circumstances have changed, or [...]
We've all seen the various top-ten lists - some ad nauseam. And even with all my years in and around the insurance business and working with hundreds of companies large and small, I'm sure I haven't yet seen 'em all! Here are some of the classics I've observed - which you can easily avoid. 10. [...]