Today, organizations face an overwhelming need for risk management solutions due to the uncertain, litigious environment in which they operate. Insurance is just one part of the overall process of risk management to ensure the continued success of an organization. Risk management includes the identification, analysis and management of loss exposures. The purpose of insurance is to protect the organization against the adverse financial effects of a property or liability loss.
Commercial insurance addresses, property loss exposure, liability loss exposure and personal loss exposures through various forms of coverage. Insurance coverage, as part of a risk management solution, should also be used in conjunction with other techniques, such as: Avoidance of dangerous or harmful practices, taking certain measures in an effort to prevent the occurrence of a loss and indemnity agreements.
Various forms of Commercial Insurance coverage include:
Commercial Property Insurance
Commercial General Liability Insurance
Cyber Liability Insurance
Workers Compensation Insurance
Excess and Umbrella Liability Insurance
Professional Liability Insurance
Management Liability Insurance
Commercial Auto Insurance