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...e, reducing the agency’s E&O exposure. However, the accuracy of the inform...She also recommends being careful when buying e-mail lists, working only throu...

... ALTERNATIVE RISK FINANCING: NOT JUST FOR FORTUNE 500 COMPANIES by Greg Ryan and James Bukowski Grow revenues and earnings by offering alternative risk financing to selected clients. Large corporations and government agencies generally use some type of alternative risk financing for their property and liability loss exposures. Medium-sized and smaller companies usually buy Commercial insurance for this purpose. However, alternative risk financing is not just for Fortune 500 companies. Many other firms can enjoy some of its benefits, such as improved cash flow and a lower total cost of risk. ... article offers s a basic overview of risk financing concepts for medium-sized firms (generally, those with fewer than 1,000 employees) . After surveying the principal types of risk financing alternatives, we'll outline the decision-making process and components for implementing such a program. The article will use these definitions: Risk financing: The use of insurance and other techniques to pay for loss obligations. Alternative risk financing: The self-assumption of risk, combined with insurance, to finance a company's property and liability losses; a formal program for managing and ... . We have thousands of articles, checklists, tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Alternative Risk Financing: Not Just For Fortune 500 Companies 4/30/2013 10:45:23 PM by CompleteMarkets Editor , Greg Ryan This content has not been rated yet. ALTERNATIVE RISK FINANCING: NOT JUST FOR FORTUNE 500 COMPANIES by Greg ...

...ockholders, can reduce liability exposure, yet retain partnership benefits suc...e corporate shield against personal liability important? Does the agent have s...

... . And once in litigation, even nuisance suits can cost up to $25,000 or more to dispense with. To defend against more serious claims can cost even more. While many large organizations may find it economically feasible to self-insure much or all of this exposure, smaller or thinly capitalized firms may be severely hit by even a single modest loss. Even some larger firms might find it difficult to absorb the cost of multiple suits. In the last few years, insurers have been queuing up to provide a specialized form ... in their evaluation of such policies. Seemingly minor differences in policy wording can drastically affect coverage. One of the benefits of purchasing insurance is that it reduces the uncertainty of loss. But because of the wide variation in EPLI policy forms, knowing what you are actually buying can be difficult unless you know what to look for. Here are just a few of the many factors to consider when evaluating EPLI coverage: Choice of Policy Form Specific coverage for wrongful employment conduct can actually be purchased in a number of ways. The most ... . We have thousands of articles, checklists, tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Epl: Building A Three-Legged Stool Of Protection 4/30/2013 10:35:25 PM by CompleteMarkets Editor , Gary Griffin This content has not been rated yet. EMPLOYMENT PRACTICES LIABILITY INSURANCE: BUILDING A THREE-LEGGED STOOL OF PROTECTION by Gary Griffin, ARM ...

... but is influenced by the availability of funded reserves and the flexibility of the financial structure. Risk managers' job relating to catastrophes is principally to see that adequate insurance exists and that coverage is not negated by unfavorable policy provisions. More fundamentally, they should evaluate risk exposures to see that protection features are commensurate with the hazard. This is not easy. Many potentially catastrophic risks are unwittingly assumed through ignorance in various ways, including: Failure to recognize an unusual property peril, such as snow loads on a roof Inability to identify ... instances, other risk-management functions (although this is not common) . Generally, the personnel director is too involved with individuals and labor problems to retain the necessary objectivity and financial skills. Purchasing Officer. In the past, the purchasing officer often had the responsibility of buying insurance. It's now more clearly understood that insurance is not a commodity to be purchased, but an element of a total risk-management program. Except in rare instances, the purchasing officer should have little or nothing to do with insurance or risk management. Chief Engineer ... . We have thousands of articles, checklists, tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Managing Risk: A Guide For Your Business Client, Part 1 Of 4 4/30/2013 10:40:04 PM by CompleteMarkets Editor This content has not been rated yet. MANAGING RISK: A GUIDE FOR YOUR BUSINESS CLIENT Part 1 of 4 ...

...rld of complex and ever-changing exposures, one of your most important allies ...ped, completed in their entirety, and backed by supplemental information such ...

...nd payment history Marketing exposure Date and purpose of the last con...