Insurance Risk Management Consulting Tip #8
Insurance Risk Management Risk Tip #8 – Beginnings of a Risk Management Program
An organization’s risk management (insurance) program must be tailored to its overall objectives and should change when those objectives change.
Insurance Risk Management Consulting Tip #7
Insurance Risk Management Risk Tip #7 – D&O Corporate Charter
Whether your organization is a publicly held company, private company (and yes private companies should have D&O too) or nonprofit it is vitally important to have a thorough understanding of the corporate charter, its indemnification of corporate officers and directors and how the directors and officers insurance policy protects their interests and that of the entity itself.
Insurance Risk Management Consulting Tip #6
Insurance Risk Management Tip #6 – Understand Risk Management
What exactly is risk management? There are a number of definitions, below are a few for us to examine:
Insurance Risk Management Consulting Tip #5
Insurance Risk Management Risk Tip #5 – Notice Provisions (Claims)
The “notice” provisions in all insurance policies should be modified to mean notice to a specific individual.
Insurance Risk Management Consulting Tip #4
Insurance Risk Management Tip #4 – Uniformity
Insurance policy provisions should be uniform as to named insured, notice and cancellation clauses, territory, etc.