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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.
Capitalizing on the trend to build green can quickly turn your profit margin from black to red if you don’t have a clear understanding of your additional contract exposures.
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
Since private owners cannot afford to gamble on a contractor whose reliability is uncertain, a surety bond is a great safety net for the investment.
Schauer Group suggests project owners and general contractors turn to a wrap-up insurance program for construction projects to manage their risks.
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.