Reduce Business Risk

Underwriting risk is a major factor in the insurance and securities industries. It is the risk that an insurer or securities issuer will incur losses due to the inability to accurately assess the risk of a particular policy or security. This article will discuss the various types of underwriting risk, the methods used to assess and manage this risk, and the potential consequences of failing to properly manage underwriting risk. It will also provide insight into how insurers and securities issuers can reduce their exposure to underwriting risk and ensure that their products are properly priced and managed.

A War Exclusion Clause in an Insurance Contract is a clause that excludes coverage for losses caused by war or other military action. This clause is often included in insurance policies to protect the insurer from losses that may be incurred due to war or other military action.

Outsourcing CFO services can bring a wealth of benefits to businesses. Firstly, you’ll save on costly full-time hires. Secondly, you’ll get access to strategic financial insights and decision-making help. Lastly, you’ll be able to gain and objective perspective.

Processes bring order. They reduce errors, keep tasks consistent and save time. Without them, chaos takes over, and nothing gets done. Neglecting processes and not following procedures causes problems. People can miss steps, leading to flawed results, poor quality, and even audit findings for not following procedures or processes. They can also get lost, not […]

Creating security policies is a major part of any organization’s cybersecurity plan. To guarantee robust and effective policies are in place, it is best to follow the guidelines given by reliable organizations. Which of these organizations offers guidelines on developing security policies?

Mistakes are an inevitable part of running a business. It is a common practice that a business faces a drawback due to an unpredictable financial mistake. Some blame it on ignorance, some on lack of professional guidance, while others are simply trying to find someone to blame. What financial mistakes put business at risk?

Whether it’s due to cyberattacks, fires, floods, or other forms of disruption, all call centers experience issues at some point.  What is a call center business continuity plan (BCP)?

Startup business risks and entrepreneurship often go together. After all, building a business involves fulfilling a need with unique solutions, and no solutions can be created successfully without trial, error, and continuous testing. How do you reduce startup business risks in the early stages?

Doing business online is a daunting task. Even if only part of your business happens online, knowing that you’ve got cybersecurity protocols, plans, and policies in place to keep the business afloat and secure becomes critical. How do you write a cybersecurity plan?