Risk & Insurance Articles
Recent news, insights and information on risk management and insurance via Roman Galey.
What is Political Risk Insurance?
From a broad perspective, insurance is defined as a financial device to hedge against a future potential loss. Investors use insurance as a technique to mitigate a variety of factors that could (and catastrophically) negatively impact an investment or an asset; like a...
Risk Management Shouldn’t Be “All Chalk”
With March Madness finally behind us, it’s interesting to look back on the NCAA Basketball Tournament. There were certainly a few surprises along the way and throughout the season. These same types of surprises are the reason even longshots can make it to the top of...
What is Forced Placed Insurance?
If you take a mortgage on your home, your lender will undoubtedly require that you have home insurance to protect this investment. In the event anything happens to your home, i.e. natural disaster, fire, flood, etc., your insurance will cover repair or replacement...
Emerging Risk: Organizational Resistance to Change
Organizations of all types must experience change in order to grow. The most challenging and critical component of the change process is often managing the people side of things. Organizations that manage change with ease will prosper while mitigating the risk of a...
Emerging Risks: Cyber Crime
In the United States alone, there were more than 668 million intrusions and data breaches. We are seeing a 15% annual increase in the number of attacks since 2013. Companies that collect and store sensitive information are constant targets for cyber attacks. Even...
Emerging Risks: Disruptive Innovation
Disruptive innovation is the term given to any type of concept that will disrupt your corporate culture in the hopes of improving profits and providing benefits that wouldn’t be possible if old methods stay in place. You have to look at the bigger picture in terms of...
Emerging Risk: Corporate Culture
Today’s corporate emerging risks are much different than they used to be. Technology has advanced corporate practices in many ways, but it has also resulted in risks that threaten project objectives. Compliance discussions help mitigate the likelihood of risks...
Business Insurance Solutions
Some believe risk is the nature of business. It is our business to help your business mitigate those risks with effective and innovative business insurance solutions. We offer a variety of business insurance products that help you do just that. What are the Risks Your...
Mitigating Risk In Land and Property Acquisitions
As you’ve learned about minimizing risk in real estate, protecting your property is critical. What you might not know is that mitigating land acquisition risks is at the foundation of reducing real estate risk. If the land risk portion of your strategy isn’t solid,...