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Total cost of risk is the cost of both pure and speculative risk. It is synonymous with price — the price of your risk management program.
Employee theft occurs much more frequently than employers realize. By taking a few simple steps to ensure honest work practices, you can substantially reduce your risk.
Work-related automobile accidents expose businesses to liability risks, legal expenses, lost time, decreased productivity and increased insurance and workers’ compensation rates.
Although employee well-being is typically considered an HR-related matter, it’s also an enterprise risk that directly correlates with a wide range of key business objectives.
The COVID-19 pandemic tipped off supply chain issues that may take years to reconcile. Now, employers are left wondering how they might be able to stay afloat amid unprecedented market uncertainty.
Nonprofit organizations provide essential social services that benefit the community and their members. However, even if your organization doesn’t sell a product or generate profit, there are still a number of potential risks that can affect your employees, assets, volunteers, directors and officers, and most importantly, your mission.
While any business’ relationships can be complex, adding a family dynamic to the mix creates a labyrinth of unique issues and risks to navigate.
As a director or officer at your company, you face litigation risks based on the decisions you make following a data breach and on how you influence cyber security policies.
In a culture where litigation is commonplace, business owners have many more worries than making profits and retaining top employees. If your product injures a consumer, your organization could face a devastating lawsuit, exponential damages and a tainted reputation in the marketplace. To assist with the financial burden of a
At Schauer Group, we believe that directors and officers liability (D&O) insurance is a fundamental component of any company’s risk management program.
Schauer Group recommends the following plan of action to ensure that you remain in compliance with your insurance recordkeeping.