It’s hard to make an accurate prediction of the outcome when a liability claim first comes to your attention. Some incidents resolve simply, while others do not. However, for organizations that delay the reporting of a claim to their insurer, the outcome is almost always worse than it otherwise could have been with prompt reporting.
The timing of a liability claim resulting from
Without a strong culture of safety in place at your organization, unsafe conditions can go uncorrected or unnoticed. Volunteers and members may not feel comfortable raising safety-related concerns and the risk of serious injuries may increase.
To make your organization safer, it is important to take a proactive approach before incidents occur.
With the right plan in place, you can help prevent injuries, illnesses
Businesses in the finance industry are facing a new online risk as cyber attacks and geopolitics merge into a single threat. Cyber attacks have already been at an elevated level for several years. However, the latest geopolitical threat comes in addition to those existing risks of theft, fraud and vandalism.
The U.S. government has warned that geopolitical rivals from Russia to China,