Understanding and Managing Business Risks
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 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. Finally, we suggest actions you can take today to minimize the probability and/or consequences of a risk event. This recommendation list is not exhaustive, so we recommend that you use this White Paper to initiate a conversation with your clients and a property and casualty insurance agent.