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... ' inventory management; availability of alternate suppliers; key customers; key facilities, equipment, and people; computer dependence; valuable papers, designs, and intellectual property; quality control; loss prevention to real and personal property; transit exposures; foreign contract evaluation; internal and external crime audit; product liability; hiring and firing practices; safety committee review; employee and public safety; automobile and fleet safety; directors, officers and fiduciary responsibilities; product tampering; extortion; kidnap and ransom; credit risk, claims and self-insurance ... ; claim funding alternatives; environmental hazards; effects of marketing cycles; and effects of new legislation. This list can be expanded to reflect the client's own concerns and to include newly identified risks. These topics could form the core of a typical risk management analysis. It should be evident that a supplier will be unable to deliver an integrated, comprehensive review, and that insurance consultants will be too narrowly focused. After considering identified exposures and agreeing on the best methods to address them, review existing and future insurance needs. The ... delivery system was created 100 years ago, and the selling of products has changed little since then. There's some justification for this lack of innovation. The legal system, which will always have the last word on a policy's intent and performance, has specific interpretations from which insurers deviate at their peril. A knowledgeable in-house professional or risk-management consultant should be on hand to interpret the fine print. One type of risk that's often overlooked is the risk to a corporation's reputation. Whenever an intermediary is engaged to represent a company, it ...