Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. When planning for the future, one significant mistake I see business owners make comes when ...

Protecting your business with full insurance coverage is only one aspect of good risk management. Just as important is a strategy for identifying and managing risks that could force your business to ...

Risk management is the process of identifying potential risks and/or harms and creating a plan to prevent the risk from happening or reduce the risk as much as possible. There are different types of ...

Another significant reference is the COSO ERM (Enterprise Risk Management) framework, developed by the Committee of ...

As the global business landscape grows riskier, political risk insurance, or PRI, is no longer just a ‘nice to have.’ ...

PRT activity in 2025 is expected to decline from 2024. The decline is largely driven by a decrease in jumbo transactions ($1 ...

Commercial real estate companies are acquiring a diverse set of assets, and they are beginning to consider insurance and risk management options. More CRE professionals are turning to captive ...

Construction is a risky business, as building executives know. According to data from the Bureau of Labor Statistics, construction firms topped the list of U.S. companies most likely to fail in the ...

Since the Affordable Care Act was implemented in 2011, small and mid-size employers have been trying to find creative ways to contain costs, sidestep certain ACA requirements and take control of their ...

Nanyang Technological University, Singapore (NTU Singapore) and the ASEAN Secretariat have teamed up to launch a three-year disaster risk management plan that aims to strengthen the financial ...

FAIR plans are homeowners insurance plans that help provide coverage to high-risk homes. FAIR insurance coverage is different for each state. Most plans offer a maximum of $500,000 to $600,000 of ...