UNDERSTANDING BUSINESS RISKS

White Papers

It’s a fact of doing business that your clients and their businesses face a host of risks every day. In today’s insurance environment, almost any risk that can be quantified can be insured. In this White Paper we outline risks in these five categories and make the case that the consequences of these risk events increase as your clients near their exit. Reviewing business risks—and the consequences of inaction— with business owners can be the difference between their successful exit from their business and no exit at all.

It’s a fact of doing business that you and your business face a host of risks every day. We’ve organized protection for these risks into five categories:

  1. Insurance for familiar risks
  2. Insurance for abstract risks
  3. Standard business asset protection
  4. Protection of assets from employee-related risks
  5. Protection of an owner’s assets

In today’s insurance environment, almost any risk that can be quantified can be insured. In this White Paper we outline risks in these five categories and make the case that the consequences of these risk events increase as you near your exit. Finally, we suggest actions you can take today to minimize the probability and/or consequences of a risk event.

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