Reputation: How to Protect a Priceless Asset
November 21, 2024
Many events can damage an organization’s reputation: a financial scandal, a highly publicized discrimination case, a product malfunction, and more.
Archive for the ‘Business’ Category
Climate Change Impacts Commercial Insurance Rates and Regulations
October 24, 2024
Recent headlines have highlighted the impact of climate change on homeowners insurance but commercial insurance lines are also experiencing its effects.
DEI Suit Brought Against Wells Fargo Bank
October 10, 2024
Do D&O Policies Cover Hiring Practices?
Does Your Business Need Flood Insurance?
October 3, 2024
A standard commercial policy typically does not cover damage due to flooding, including hurricane storm surge flooding.
How Will AI Impact the Insurance Industry?
April 25, 2024
“Generative AI value-creation opportunities abound across the insurance value chain,” according to a new report by Deloitte.
Surety Bonds: The Other Risk Management Tool
April 11, 2024
Surety premiums are only about one percent of property/casualty premiums ($769.3 billion in 2022), but sureties play a critical role in our economy.
Allianz Risk Barometer Says Cyber and BI Biggest Worries
February 22, 2024
Extreme weather events, fires and explosions, geopolitical risks, ransomware attacks and the Covid-19 pandemic have all tested global supply chains in recent years.
New Survey Says Firms Not as Well Prepared to Handle Risk as They Think
February 8, 2024
According to a just released survey by an international brokerage and financial services firm, many organizations are unjustifiably confident of their risk management strategy.
Insuring Against Dishonesty in the Workplace
January 25, 2024
According to a study by Embroker, 75% of employees admit to stealing at least once from their employer. The study also reports that internal theft can cost U.S. businesses up to $50 billion a year.
What is Enterprise Risk Management?
January 11, 2024
Enterprise risk management (ERM) is a methodology that looks at risk management strategically from the perspective of the entire firm or organization.