Tips to Minimize Holiday Party Risks

Some of you may be thinking that it’s far too early to start thinking about the holidays, but the reality is, many of your organizations will be planning holiday parties in the coming weeks. While taking a break to unwind and celebrate with co-workers should be a happy experience, it is important that those involved in planning the company holiday party are mindful of the underlying risks associated with such an event in order to strive for an incident-free celebration.

The ALS Group October 27, 2014

Business in the Time of Ebola

Switch on the TV and you’d find it difficult NOT to hear about Ebola. The economic damage already done in West Africa tallies in the billions and continues to threaten the local economies. Is your company prepared for the impact of Ebola? Are you taking advantage of the risk management solutions to help protect you?

The ALS Group October 24, 2014

5 Ways a Risk Manager is Like a Golf Caddie

As a former NCAA golfer and avid golf fan who now manages risk, I couldn’t help but be struck by the similarities between a golf caddie and a risk manager. For those of you who share my love of the game, it’s easy see how managing business risks is not unlike playing a round of golf. In golf and in business, there is always a risk versus reward consideration applied to decision-making. While many opt for the risky play on the golf course without much concern for a penalty or lost ball, the same approach is not typically prudent in business.

The ALS Group October 22, 2014

We’re Going to IRMI – Are You?

The IRMI Construction Risk Conference is in its 34th year, and this year promises to be bigger and better than ever, with more attendees registered than in recent years. We are looking forward to being part of the action! There are some older and new trends in the industry that we want to hear more about – the country’s aging infrastructure, Alternative Project Delivery and what the insurance industry is now saying about New York Labor Law.

The ALS Group October 17, 2014

Understanding Your Organization’s Risk Tolerance Levels

A constant struggle for the risk manager of an organization is balancing the profitability expectations of its shareholders and maximizing operational efficiency of the risk management team in order to reduce the organization’s Total Cost of Risk (TCoR). Having a clear perspective of the organization’s appetite for risk and risk tolerance is a fundamental element needed in order to achieve this balance.

The ALS Group October 15, 2014

A modern conference room with A large screen perfect for presentations on risk management services in Florida.

What is Business Personal Property Coverage & What Does it Include?

One of the most underrepresented and disregarded coverage extensions on a commercial property policy is personal property. That is, Business Personal Property (BPP) – the personal property which is owned by the entity that is the named insured on the policy. BPP covers a variety of items that are typically identified with being owned in relation to the premises identified on the declaration page of your policy. It is not typically intended to insure the personal property of a firm’s employees or guests. Over the course of the last fifteen years there have been several changes to significantly expand the definition of BPP in several different ways. Keep in mind

The ALS Group October 9, 2014

ERM: Process or Strategy? Where is the Value?

The recent Enterprise Risk Management (ERM) Workshop held by North Carolina State University was chock full of valuable information. It was attended by seasoned risk and audit professionals all looking for ways to improve the effectiveness of their own ERM programs.

The ALS Group October 8, 2014

Risk & Compliance Summit: A Recap

Risk, construction and compliance are three concepts that weigh heavily on the minds of owners and contractors globally. This was evident at the recent Risk & Compliance Summit held at Georgia Tech in Atlanta last week.

The ALS Group October 6, 2014

ERM: A Riddle Wrapped Up In an Enigma

While it was never the intent of Winston Churchill that his famous description of Russia’s intentions in 1939 would apply to Enterprise Risk Management (ERM), the analogy applies pretty well. “It is a riddle, wrapped in a mystery, inside an enigma, but perhaps there is a key.” I firmly believe there is a key to a proper, productive and easily understood ERM program.

The ALS Group October 2, 2014

What is a Country Risk Assessment?

Many companies are crossing national boundaries to exploit new opportunities and minimize any potential threats. Globalization brings both opportunities and risks to multinational enterprises (MNEs) doing business in another country, and requires the MNE to have a system in place to detect and respond to these potential threats and challenges.

The ALS Group October 1, 2014

Our areas of expertise include:

Enterprise Risk Management (ERM)
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Construction Management
Customized Risk Management Assessments (RMAs)

The ALS Group Risk Management Articles

Tips to Minimize Holiday Party Risks

Business in the Time of Ebola

5 Ways a Risk Manager is Like a Golf Caddie

We’re Going to IRMI – Are You?

Understanding Your Organization’s Risk Tolerance Levels

What is Business Personal Property Coverage & What Does it Include?

ERM: Process or Strategy? Where is the Value?

Risk & Compliance Summit: A Recap

ERM: A Riddle Wrapped Up In an Enigma

What is a Country Risk Assessment?

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