https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/1635/MANAGING-RISK-A-GUIDE-FOR-YOUR-BUSINESS-CLIENT-PART-4-OF-4/
... 4 INSURANCE AND RISK MANAGEMENT This is the generally accepted sequence of risk management activities: The risk of loss is identified and measured. It's reduced as much as feasible by loss-prevention techniques. The loss is accepted as a budgeted cost to the extent that it can be fitted in to the financial picture. As a last resort, the losses that can't otherwise be treated are transferred. Insurance is the usual means. Insurance is so important as a risk-management tool and its cost so visible that other aspects have received relatively little attention. ... Kentucky.) Others are a little shaky. Have your broker analyze their stability. Don't hesitate to do business with a good Surplus Lines carrier. Professional Backup Probably the most important single point for the risk manager is to have a highly competent agent, broker, consultant, or other professional resource. Most public agency risk managers look to their agent or broker as the expert. In many cases, this is desirable, but only a few insurance professionals can also call themselves risk-management professionals. Risk-management professionals' credentials should be examined ... more closely than the stability of insurance companies. One objective criterion is the extent of their outside study. Look for the CPCU (professional insurance) and RM (professional risk management) designations. Of the two, the CPCU is the more demanding, but the RM more pertinent. Login or Register (for FREE) to gain access to thousands of other great articles. Need more reasons to join? Need insurance for you, your business or your family? Get quality appointments - Save yourself a whole lot of time & ...
https://completemarkets.com/Article/article-post/180/A-Corporate-Focus-On-Risk-Management/
...e services of a risk management consultant.
Let's define the function of a risk management consultant. Many insurance consultants are available whose primary functi...surance broker or risk-management professional to interpret coverage and termi...
https://completemarkets.com/Article/article-post/620/The-Facts-Of-Life-About-Personal-Lines-And-Having-A-Well-Trained-Staff/
...g number who are as competent, professional, and knowledgeable as any Personal... and to provide consistently high professional sales and telephone skills to a...
https://completemarkets.com/Article/article-post/1635/MANAGING-RISK-A-GUIDE-FOR-YOUR-BUSINESS-CLIENT-PART-4-OF-4/
...highly competent agent, broker, consultant, or other professional resource. Most public agency risk ...outside study. Look for the CPCU (professional insurance) and RM (professional risk management) designations. ...
https://completemarkets.com/Article/article-post/70/If-The-Niche-Fits-Designing-The-Niche-Program-Questionnaire/
... are interested in writing the Professional Liability for a home inspector or ... are there in California who need Professional Liability insurance? What about the number...
https://completemarkets.com/Article/article-post/985/ERRORS-AND-OMISSIONS-CONSIDERATIONS/
...ost widely respected management consultants. She will be sorely missed. Reprod...
https://completemarkets.com/Article/article-post/919/FIRST-AID/
... in CCR 1512. System Interface Consultants, Inc. provides a first aid kit des...
https://completemarkets.com/Article/article-post/2077/WHAT-MAKES-A-GREAT-OWNER/
...nderwriting, a higher level of professionalism, etc.), but so do employees; th...y agencies buy Employment Practices Liability insurance to protect themselves ...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/2139/CERTIFICATES-OF-INSURANCE-BEST-PRACTICES/
... current ACORD 25 form and the new version. Many entities don't like the new form. As Joyce Sigler commented at the NetVU session, "They don't understand they are given ‘rules' for their business by their corporate legal and the new form doesn't fit into their rules yet. Folks are saying, ‘I don't know what this or that means. I just know it has to be exactly like our sample. It's a sticky situation because the current form is being rejected and because some states have issued ... there. In summary, develop an agency procedure involving the issuance of certificates and educate your staff on this important procedure. Curtis Pearsall, CPCU, AIAF, ARM, CPIA, is president of Pearsall Associates, Inc. (Whitesboro, NY), a risk-management consulting firm that specializes in helping agents protect themselves against E&O claims. To contact him, call (315) 768-1534; e-mail: [email protected] ; visit www.pearsallassociates.com ; or blog: www.agentseotips.com . Reproduced, with permission, from Rough Notes magazine. ... carriers, wholesalers and service providers. Negotiate lucrative contracts with carriers and wholesalers. Net result. More revenue for your agency! Clients & Prospects will research you, your co-workers and your agency here. The most comprehensive online insurance industry reference library for - Personal Lines Professionals Commercial Lines Professionals Life/Health & Benefits Professionals Online newsletters and content that you can use for your clients and social media efforts. Ability to attach leads and clients to your specific market searches, with e-mail alerts for all the market, articles, blogs and ...
https://completemarkets.com/Article/article-post/2421/Framework-For-Agency-Success-Part-II/
... manager can become a 'business consultant,' then an agency is more likely to ...