Written for all business sizes in all sectors and industries, this "how to" book provides step-by-step instructions for creating and administering a successful risk management program. It shows both new and veteran risk-managers, safety directors, and other financial and operational personnel how to identify risks, set up a risk management program, protect against losses, and maintain adequate insurance coverage for ongoing risk exposures. Focusing on the key steps to preparing a risk management program, the author examines the risk management process, the structure of risk management administration, and the importance of the loss-identification process. She also uses straightforward language to explain the rational and methodology behind obtaining and managing insurance programs and policies, including identifying necessary coverage, obtaining that coverage, and choosing and working with brokers and insurance agencies. This hands-on resource includes a detailed Exposure Identification Questionnaire, a sample Request for Proposals for insurance brokerage services, a sample Broker Service Agreement, and two glossaries. You will appreciate the list of risk management and insurance organizations, including contact information for insurance commissioners in all 50 states, which should be used to obtain current federal and state regulations, current rates and premiums, and ratings of insurers.
