Insurance ― no substitute for effective risk management

摘要

Have you spoken to your insurer recently about buildings insurance and your company's operations? In fact, do you still have the same insurer that you had at this time last year? Perhaps the company has gone out of business, or is no longer prepared to be involved with property insurance. If they are still around and you have not heard from them, they may be strongly re-assessing what risks they are prepared to continue to take on. If that is the case, then your company may be one of the bad ones. It is time to make sure that you and your company are in the low risk category, but how can you achieve this? Well, with regard to fire, it would be extremely prudent to make sure that you have carried out and acted upon a risk assessment. Indeed, insurance is no substitute for effective risk management.