Risk & Business Magazine Benson Kearley IFG Fall 2015 | Page 8

Strategic Risk:
This includes sales and marketing strategies, key partnerships,
brand and business reputation, and regulatory requirements.
Operational Risk:
Exposures specific to business interruption, business
continuity, supply chain, warehousing, technology,
and other key day-to-day operational risks.
Human Capital Risk:
One of the most commonly overlooked areas of
risk mitigation involves a business and its people.
Employment Practices Liability, Human Resources
policies including hiring and training the right people.
Financial Risk:
This sector includes contractual liabilities, credit risk, and
legal liabilities that may become exposures to companies.
Top of your division or top of the charts in 1993 meant
something for sure; hopefully happy memories. Topping the
news and chiming social media in 2015 are totally different
issues. Managing today’s risks with 1990’s expectations will
leave organizations exposed to much greater financial loss.
Expect more than comprehensive coverage and competitive
premiums! You and your business will greatly benefit
from partnering with the right insurance broker.
Joshua Kearley is a Commercial Account
Executive with Benson Kearley IFG.

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RISK & BUSINESS MAGAZINETM FALL 2015