Risk Management and Insurance – Standards for Excellence Educational Resource Packet (21)
MEMBER EXCLUSIVE RESOURCE
Risk management is the practice of continual identification of and response to analysis of current and potential risks. Organizations should make every effort to manage risk and periodically assess the need for insurance coverage in light of the organization’s activities and its financial capacity. This educational resource packet addresses the roles of risk management and risk aversion in helping to anticipate risk, as well as the financial aspect of risk, and the role of insurance in safeguarding the assets of the organization.
Attached at the end of this packet you will find the customizable companion document:
- Questions and Answers about D & O Coverage.