Category: Risk Management

“Oh, we will just self-insure that” NO, you don’t just simply “self-insure”. Self insurance is not the same is ignoring insurance as a loss funding mechanism for losses. Self-insurance is a deliberate, planned and specific mechanism. An uninsured risk is not self-insured. Creating a captive insurance company is self-insurance, but a large deductible is not. … Continue reading Self-Insurance – what is it? →

Most companies have some idea how their insurance will respond to a disruption to their business, but most have little idea if or how their insurance will respond if there is disrupted by an event at another business, such as a customer, supplier, or specified property or landmark.