Product Recall – A Primer: Transferring the Risk

This is the continuation of a four-part series. You can read the article that precedes this one here. Read more

Product Recall – A Primer: Pyramid Defense

 

This is the continuation of a four-part series. You can read the article that precedes this one here.

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Product Recall – A Primer: Risk Management Considerations

There are two categories of exposure to loss for a company faced with a product recall incident: first party operational losses to the company and third party liability losses to injured persons. 

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The Hazards of Risk: Part Two

This article is the second of a two part series. Please read the first part before proceeding. 

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The Hazards of Risk: Part One

A hazard is the potential to cause harm or refers to an occurrence that increases to likelihood of a loss.

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Insurance and Risk Management – Risk or Investment?

How do you view risk management?

How do you think about the cost of insurance?

Is it an expense?

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Loss Control and Why CEOs Must Pay More Attention to It

Pay More Attention to Loss Control

An employee is injured … A fire occurs … An invitee trips and falls …

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Insurance Risk Management: The Framework – The Insurance Policy Part Three

If you didn’t get a chance to read the earlier portions of this series, you can read part one here and part two here. This is the final installment of the series. 

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Insurance Risk Management: The Framework – The Insurance Policy: Part Two

Insurance policies contain exclusionary endorsements or loss-limiting endorsements.

  • Most of the time exclusionary endorsements are clear to all parties prior to binding the policy.
  • Other times they are obscure, buried in highly-confusing policy language, not known or fully understood at the C-Level until a loss occurs.

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Insurance Risk Management: The Framework – The Insurance Policy: Part One

Let me ask a question. What stands between you and protecting your company’s financial assets?

If you are using an insurance policy as a means and maybe the only means, to transfer risk, then the answer could be your insurance policy!

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