28 Friday Jun 2013
Posted in Risk Management
When losses strike with unnecessary frequency or brutality, it increases an organization’s cost. To keep costs competitive, it is crucial to minimize the severity and the frequency of accidents through a concrete foundation of loss control. This involves analyzing and identifying ways in which you may be found accountable and develop executable procedures to handle the exposures. Continue reading
18 Tuesday Jun 2013
Posted in Risk Management
An insurance claim can arise from any number of events – from coverage of damage by water to damage of an insured’s house by fire. Insurance policies are like one-way contracts; the insurer is the lone person making a binding legal promise. Then again, for a policy holder to acquire the reimbursement of his/her policy and for the policy to be constantly renewed, there are certain necessities that he/she needs to carry out. If the insurance company discovers irresponsibility, in any way that could increase the chances of risk in a claim, it may consider discontinuing the insurance coverage. Continue reading
12 Wednesday Jun 2013
Posted in Risk Management
An account manager executes various duties which are projected in managing his/her employer’s client relationship and developing new business from the present clients. Every industry appoints account managers to maintain the firm’s as well as the client accounts. The responsibility of an account manager differs depending on the type of business. However, the main objective of an account manager is to continue the company’s relation with its existing clients, in order that they persist to maintain business with the company. He/she also identifies prospective new clients and business prospects and persuades them to set business with his/her company. Continue reading
