Tag Archives: Risk Management Online Exclusive

Для тех, кто интересуется безопасным доступом к онлайн-играм, наш партнер предлагает зеркало Вавады, которое позволяет обходить любые блокировки и сохранять доступ ко всем функциям казино.

Creating Value Through Risk

Posted on by

Understanding how value is created and destroyed and the role that risk plays in this process is the key to any successful business operation. But achieving this understanding is easier said than done. In a new, online-exclusive Risk Management article, Jorgen Ellingson, a risk manager with Dubai-based TECOM Investments, offers a useful way to simplify the process through the use of a value and risk management framework.

Managing value and risk is generally an intuitive skill and learned by experience. By applying a discipline to this inherent process you can better manage value creation and avoid destruction from both a quantitative and qualitative perspective. It is a balancing act between risk mitigation and risk exploitation and the winners will be those companies that understand the market and their value proposition better than their competition.

For more, read the rest of his informative article only on RMmagazine.com.

Developing a Winning Organization

Posted on by

Successful organizations always seem to be in control of their operations and in position to take advantage of any market fluctuation. So what lessons can be learned from these companies that you can apply to your own? In the latest online exclusive article in Risk Management,  Andy Barfuss, a partner in the risk advisory practice at the accounting firm Amper, Politziner & Mattia, points out the there are four keys to achieving lasting business success.

Regardless of size, the key to winning is translating the CEO’s goals and values into employee actions and behavior. Successful organizations possess four key attributes: 1) strong leadership; 2) individual accountability; 3) effective risk management; and 4) human resources reinforcement. A practical action plan to garner better control of your company requires steps in each of these areas.

Be sure to check out this interesting look at what makes an organization great, exclusively at RMmagazine.com.

The Pitfalls of Certificates of Insurance

Posted on by

In tough times, finding new ways to cut your insurance costs are important. But sometimes savings go hand in hand with risks. In the latest online-only article from Risk Management, Dr. William Warfel, professor of insurance and risk management at Indiana State University and Dr. Stanley Adamson, the Baker Chair of Insurance at Missouri State University, discuss the perils of overreliance on certificates of insurance.

Shifting the responsibility to procure insurance coverage to a business partner is a useful strategy for reducing insurance costs, but it is not without risk. Relying solely on the resulting certificate of insurance can be problematic. If commercial property/casualty insurance coverage is not in place as anticipated, or otherwise fails to respond as anticipated to a loss because of an unknown coverage limitation, the firm may find itself unexpectedly underinsured.

For more information on an often-overlooked insurance tool, be sure to read their article exclusively at RMmagazine.com.

Maximizing Your D&O Coverage

Posted on by

In these volatile economic times, solid D&O insurance coverage can be vital to protecting your company’s executives. But a top-notch D&O program has a lot of facets that need to be considered. So to that end, Caroline Spangenberg and Brian Epps of Kilpatrick Stockton have come up with a list of tips to make sure your D&O policy is doing what you need it to do.

Be diligent in the application process and negotiate the language.
Providing complete and accurate disclosures in the policy application is critical because material misrepresentations in many states avoid coverage even without proof of an intent to deceive and without having to show that the misrepresentation was related to the loss. In many states, to demonstrate materiality, the insurer need not prove that it would not have issued the policy at all – merely that it would not have issued it on the same terms and conditions or for the same premium. If the insurer succeeds in rescinding the policy on the basis of misrepresentation, it is void – there is no coverage even for innocent insureds.

Be sure not to miss their informative article, featured exclusively at RMmagazine.com.