The “Oops” Factor of Risk Management

Contingency planning might be the most important element of risk management. Director Magazine reported that 80% of firms that suffer a major setback to revenue do not survive – unless they have a contingency plan. While prevention is great, it’s not foolproof. Something’s going to go wrong – it might be a computer glitch or [...]

Is Your Reputation Important?

Your business reputation includes everything from your corporate and social responsibility, to the trustworthiness of your sales and delivery people. It can also be the most difficult asset to protect because it's intangible. You work to build it every day, yet it can crumble with one blunder - that you might not even see coming. [...]

Got Uninsurable Risks?

“Uninsurable” can mean an insurer will not offer a certain coverage, or that you cannot afford the premium! Will not offer: There are many risks that are considered uninsurable by insurance companies. Most often because they are looking out for their bottom dollar, including reasons like: They don’t want “sure losses” like inventory shortages or [...]