Risks are not always proportionate to rewards
Many times clients are eager to start a project because it will be their largest one for the year or it is with a client that they have been courting for years. Since it is with a large client the contract may ask them to assume more liability than they control. What would you do? Do you sign and “hope for the best?” We are here to help your firm understand potential loss and then find the right means to limit the exposure or even eliminate it entirely with a risk management insurance policy.
RISK MANAGEMENT TECHNIQUES
Risk Management techniques fall into two categories: Risk Control and Risk Financing. Risk Financing includes Retention and Transfer (Insurance & Noninsurance).
We have classified three broad areas within a design firm where Risk Control and Risk Financing can be utilized: Finance, Legal and Operations.
Custom Insurance & Risk Management at a Competitive Price
Many businesses view their insurance agent as a “vendor”. That is not us. We are a “guide” in helping you navigate the complex world of risk management insurance.