
Navigating Insurance & Risk Management: A Practical Guide
IN THE OFFICE RISK MANAGEMENT Navigating Insurance & Risk Management: A Practical GuideALBERT SICA In today’s complex business landscape, understanding and managing risks is nolonger optional. Whether it’s negotiating contract terms, purchasing the rightinsurance policies or ensuring compliance with subcontractor requirements, every decision has a direct impact on your company’s financial health and operational resilience. Risk and the financial impact of risk is something that merits a risk-insurance planthat will identify the various areas the firm is exposed to risk, and the mitigation strategies available to the contractor to reduce the risk they are exposed to. That sounds like a bunch of mumbo jumbo, but it is the core of