Risk management
Flood Season in Utah
This year we have had record-breaking snowfall in Utah. Because of that, as we slowly move into spring, we are on the alert for flooding. We care about your homes, families, and businesses, so we want you to be aware of the risks you may be facing. But we also want to provide you with information and ways to
What is the difference between bonds and Insurance?
If you own any type of business that has entered into contracts for any industrial purpose, you will think about bonds and Insurance. There are varying levels of risks depending on the type of industry your business is operating. Hence Insurance and bonds are the only solutions to get risk protection in exchange for the specified premium/payment. While both Bonds
Know the Policy before you Rent
Irrespective of the type of renters you are, it is key to safeguard yourself financially against any damages to your belongings and the complete unit. While there are several measures to be taken physically, a renter’s insurance is the ideal way to protect the renter’s interest. While some of them may think the other way as the landlord will insure
Roof Insurance
Homes come in all shapes and sizes, but every one of them has a roof—likely the most important aspect of our homes. So, when it comes to insurance, do you know if your roof is covered? Perils Covered Under a homeowner’s policy, the coverages generally covered are hail, wind, and fire. The following scenarios are ones in which you may
Bond insurance and a brief on its types
Bond insurance is a kind of insurance policy that is purchased by a bond issuer for assuring the settlement of the principal and all related interest payments to the holders of the bond in the case of default. Bond insurance is bought by the bond issuers for increasing their credit rating and decreasing the percentage of interest required to be
What is the role of insurance in Risk Management?
A well-organized risk management system is important for ensuring the optimal success of businesses in long-term operations. The main aim of risk management is to find the possible risks before they create havoc in the system and strategize to handle them in advance for negating the impact on your business objectives. It guarantees several key aspects of business-like smooth flow
Surfacing Business Risks From Covid-19
There was no escaping the coronavirus in 2020 and the pandemic will continue to be a dominant Business risks in 2021. Covid had a huge effect on the potential disruption and loss scenarios companies are facing in the wake of a pandemic. In a recent study done by Allianz, there were 3 main risks that had the biggest impact on
WHY HOME MAINTENANCE IS IMPORTANT
THE MATERIAL CONTAINED IN THIS ARTICLE IS PROVIDED FOR GENERAL INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE PROFESSIONAL ADVICE. [RISK MANAGERS LLC] DOES NOT PURPORT TO BE A SUBJECT MATTER EXPERT WITH REGARD TO THIS MATERIAL, AND YOU SHOULD CONDUCT YOUR OWN RESEARCH AND/OR SEEK THE ADVICE OF APPROPRIATELY QUALIFIED PROFESSIONALS WITH REGARD TO YOUR SPECIFIC CIRCUMSTANCES BEFORE YOU TAKE
What risk manager responsibility?
As a business owner, you might have loads of responsibilities including finding new strategies to reach target customers, identifying new sources for finance, streamlining the workspace, hiring process, etc. There are chances that you may neglect or don’t find time in having an effective risk management strategy. There may be some easily visible risks that can be handled by yourself,
The Ultimate Guide to Personal Insurance
While it is impossible from preventing any unexpected happenings in life, there is a possibility to get some protection. Insurance is meant to secure people financially if any mishaps occur. There are different types of insurance options and it can be highly tricky to get which is the best one suited for your needs. Purchasing the right kind of insurance
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Risk Managers, LLC
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