WilliamsonLeading: Choosing How Much Business Insurance You Need Is About Risk Management By Karen Chronister

Managing risk shouldn’t be risky business. You’ve worked tirelessly, considered every aspect, and hired just the right people for your business culture. Whether you’ve got a generational business or an emerging, disrupt-the-model idea, preparation and promise need protected with insurance—at least, in part. Identifying where your business risks hide, how much risk you are willing to assume, and how much risk you want to insure, is a thoughtful, calculated process. Are you willing to assume some risk in the event of a claim? How high a deductible can you handle at any given time? Would safety training lower your risk? What about cyber protection? And, lawsuits? A reputable and savvy insurance agent will offer sound [...]