Risk Control and Other Measures That Make You a Better Employer
May 19, 2015
Selecting the right employees is a crucial part of running any business, but retaining top talent is equally important. When recruiting, many business owners tend to focus on financial compensation and healthcare, but they may be missing a very important and attractive benefit: risk control .
Insurance and Risk Management: Understanding the Connection
November 1, 2014
In business, as in life, there are risks, and identifying, controlling, and minimizing these risks is referred to as risk management. In some cases, risk management involves the potential for problems that can't be foreseen, such as the possibility that an asteroid will break through the ceiling of a business, but most of the time, risk management focuses on known risks, such as a heating unit that has the potential to catch on fire.
A Beginner’s Guide to Property Casualty Insurance
October 20, 2014
Running a company means incorporating a number of elements into your success strategy, but one of the most important elements to consider in your plan is property casualty insurance. This type of business insurance is used to shield business owners from liability or damages in the event of a disaster, whether natural or otherwise, and it can be the difference between keeping your doors open or letting them slam shut.
Could Working with Health and Safety Consultants Save You Money?
September 11, 2014
No matter the size or sector of your business, having a health and safety management system in place to ensure a safe work environment for your employees is a prime concern. Who you hire to oversee policies and procedures, as well as accident prevention, needs to have knowledge on safety regulations, OSHA requirements, and have contacts with industry regulatory agencies.
Workplace Safety and Workers’ Compensation
September 4, 2014
If you run a business that employs even one single individual, workplace safety needs to be a top priority. An injured employee who gets hurt on the job can lead to a range of problems, including lawsuits and potential criminal charges in cases involving negligence.
4 Tips for Choosing an Insurance Brokerage
August 18, 2014
Most business owners are aware of how important it is to carry commercial insurance for their company. Still, the process of selecting an insurance brokerage can be complicated and confusing. Here are a few tips on how to navigate this process.
Do You Need Contractual Liability Insurance?
August 11, 2014
If, in the course of your entrepreneurial career, you plan on entering into a contract, then you should consider contractual liability insurance. Since just about everybody who's an entrepreneur enters into some type of contractual agreement at some point, then you should definitely consider contractual liability insurance.
4 Signs You Need Better Risk Control
July 28, 2014
Does your business need better risk control? Risk control, or risk management, is the practice of identifying risks, assessing various means to eliminate or minimize those risks, and allocating business resources to reduce overall risk. It's an essential component to good management of any business.
5 Reasons Your Small Business Needs Property and Casualty Insurance
July 18, 2014
As a small business owner, you know that you already face certain risks. Some of these risks are acceptable and, indeed, part of being an entrepreneur. However, some risks are unacceptable and should be transferred to an insurance company with property and casualty insurance.
Safety Management 101: What Every Small Business Needs to Know
July 18, 2014
As an employer, it's your responsibility to provide a safe working environment. This is for humanitarian purposes first and foremost, but it also makes good business sense. You'll find that you limit your liability, and therefore improve your bottom line, with fewer workplace accidents.