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What types of insurance should companies be covered under today?

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What types of insurance should companies be covered under today?

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Whether in good times or bad, the types of insurance protection that companies should purchase should not change drastically. However, companies may wish to review the adequacy of certain coverages, such as for business interruption caused by the loss of a supplier. In times like these, it is important to understand what coverage your policies provide and what they do not. Beyond the coverage question, we ask, ‘How much risk can your organization retain?’ Optimizing your insurance dollars to provide greater catastrophe protection rather than trading dollars at the bottom is a better solution. Q. How will managing risk help a company’s bottom line? When we talk to clients, we tell them that, while the magnitude and scope of risk is increasing, this heightened level of scrutiny also brings opportunity. Companies that manage their own risk properly are better positioned to execute on the upside of risk and manage or contain the downside of risk. This can create an advantage for clients, i

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