Risk management refers to dealing with a businesses risks. How they transfer or efficiently self-manage each area of risk is how a company succeeds or fails financially.

Posts

Self Insured Trusts

Why Current Economic Conditions Are Perfect To Restructure Your Insurance Program

, , , , , ,
In our opinion, there is no better time to consider alternative risk transfer as a strategy to get more cost-efficient with respect to your current commercial property insurance, commercial liability insurance, workers compensation insurance,…
captive insurances man holding insurance

Reduce Costs At Scale By Restructuring Your Commercial Insurance Program

, , , , ,
Have you ever wondered how utilizing captives, a high deductible insurance program, alternative risk transfer, self-insured retentions, or retrospective rating plans could further reduce your commercial insurance costs off your already low commercial…

What Is The Cost To Run A Captive Insurance Program?

, , , , ,
How much does it cost to start and run a captive insurance company? It’s the most frequent upfront question we get from organizations that are looking at starting their own captive insurance company for their organization. The short answer…

A Fireside Chat with A Claims Adjuster

, , , , , , , , , , ,
Our Claims Advocacy Team got to sit down with a workers’ compensation claims professional who specializes in high exposure claims. They discussed a high exposure claim that wasn’t reported timely to the carrier after the incident occurred.     Please…

Protecting Your Workforce From Winter Related Illness

, , , ,
Winter weather creates new challenges for employers trying to protect their employees from work-related accidents. Snow and Ice. How are you protecting your employees from potential slip and fall incidents related to snow and ice? According…

Data Privacy Day

,
What is Data Privacy Day and why it’s important to your organization? Data Privacy Day is January 28th. First, It honored the signing of convention 108 in 1981, next, it was the first permanent international treaty that is in control of the…
Workplace Setup

Risk of a Common Password and Ways to Avoid it (Infographic Inside)

Using a common password leaves your organization at risk for cybercriminals to attack your account. Let’s add password protection as a major component in your organization's cybersecurity plan.  The risk of a common password is tremendous,…
cyber liability insurance

Capital One Data Breach: Assessment and Prevention

, ,
 Last year, after the Capital One Data breach, Capital One agreed to terms with US regulators to pay $80 million dollars in fines because of a data breach. The hacker accessed approximately 100 million credit card applications. Maintaining…

12 Requirements For PCI-DSS Compliance

,
Online transactions have become commonplace for many companies across all lines of industry. With the rapid growth in acceptance of online payments, many companies underestimate or are not even aware of requirements to maintain Payment Card…