risk management

February 24, 2017

Our Latest Risk Management Newsletter

It is February already and I think I can see a hint of Spring just over the horizon. I don’t know about you but I can’t wait to get there. I am tired of cold, wind, rain and snow and I am willing to bet that you are too. As we head towards that ultimate destination, here are a couple of things to think about regarding your risk management activities. You may want to take this relatively “quiet time” to think ahead and get ready for the busy plant construction season that includes the use of contractors as they can bring a substantial amount of liability and extra costs to you. They must be “good” contractors that you have vetted completely (before hire) or else […]
December 14, 2011

Understanding Business Interruption Insurance

Understanding Business Interruption Insurance: This is probably the one risk area that is often overlooked and most likely to put a company out of business shold they suffer a loss that causes an interruption. Time and again we see examples of companies not understanding this coverage and not having the proper coverage at the time of a loss. When business is interrupted by a disaster, business interruption insurance will help get it up and running again as soon as possible, but if your building is heavily damaged and your equipment and materials are gone, how do you do that? Your main concern is to keep your employees, keep your existing customers, and to maintain your excellent relationship with your suppliers. Business Interruption Insurance is designed […]