Over the past three weeks we’ve discussed ways for your organization to manage risk. The first week we discussed prevention strategies, then mitigation or minimizing risks, followed by transferring risk away from your organization. This week, we will focus on the assumption of risk or choosing to assume risk within your insurance portfolio or outside of your insurance portfolio. What we have found through our analysis of many businesses is that most businesses will take on a significant amount of risk in one area, yet they take on very little risk in other areas of their business. What we help … Continue reading
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