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MexiPass is the leading MGA, Underwriting Manager & Risk Management Solutions provider for risks of American entities in Mexico.
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Crisis management planning should be done by all businesses
AGBeat    Share    Share on FacebookTwitterShare on LinkedinE-mail article
You wrote a business plan for the success of your business. Now it's time to write a crisis management plan to bolster your company's response to moments of crisis. It is worth asking the question, "What is considered a crisis?" There are a number of potential ways to answer that, but customize the answer for your business by asking yourself this question: What are the components of my company that make it function smoothly? More



Survey: Fire risk rises on insurers' list of concerns
PropertyCasualty360    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Business interruption and supply chain risk, natural catastrophes and fire and explosion perils are the top three risks for 2013, property and casualty experts say in a new survey. The results from an annual Allianz Global Corporate & Specialty survey of more than 500 corporate insurance experts in 28 countries found that fire and explosion replaced "economic risk" as the third most important forward-looking risk for the year ahead. More

Warning: New hack threat leaves millions at risk of cyberattack
Reuters via CNBC    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The U.S. Department of Homeland Security urged computer users to disable a common networking technology feature, after researchers warned that hackers could exploit flaws to gain access to tens of millions of vulnerable devices. The U.S. government's Computer Emergency Readiness Team advised consumers and businesses to disable a feature known as Universal Plug and Play or UPnP, and some other related features that make devices from computers to printers accessible over the open Internet. More

Reduce Your Electrical Safety Risk

AVO® Training Institute, a Megger® subsidiary, celebrates its 50th year keeping people safe from electrical hazards. From equipment application and maintenance procedures to safe work practices, arc flash hazard analysis and engineering services; AVO is the complete one-stop-shop learning center. Our difference is our hands-on approach to safety training. MORE


Is your contract management solution putting your company at risk?
Spend Matters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Matt Patel writes: I find it amazing how many legal departments still manage contracts with email and Microsoft Word. Sure, some of them also use a document repository to organize contracts. And yes, this system might work. But is it safe? The truth is that a fragmented, ad hoc contract management process puts your company's revenue and compliance on the line, not to mention it also increases your risk of unknowingly committing to unfavorable terms. More

A world of trouble
CFO    Share    Share on FacebookTwitterShare on LinkedinE-mail article
In "The Magic Mountain" by Thomas Mann, a young businessman visits his ailing cousin in a sanatorium in Davos, in the Swiss Alps. The businessman starts to feel unwell himself. The sanatorium's chief doctor, who also owns the place, advises him to rest. He ends up staying for seven interminable years. Reading reports on risk can have much the same effect. The more you read, the more risks you see; eventually, you succumb to nervous exhaustion. More

Sandy Hook and the future of public sector risk
Risk & Insurance    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Far from the lurid headlines and the hectoring policy debates that followed two recent horrific mass shootings, risk management professionals at underwriters, brokers and insurers are redoubling their efforts to prevent or at least mitigate future tragedies. More



FSA should develop social media guidance, legal expert warns
Risk.net    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The U.S. Federal Financial Institutions Examination Council has released proposed guidance on the use of social media by banks. "The Financial Services Authority has focused on issues such as financial promotions, but we really need some clarity with regards to how employees can engage with social media, and when activities online can amount to criminal activities, such as in relation to copyright infringement," says Luke Scanlon, a technology lawyer from Pinsent Masons. More

Survey: 19 percent of organizations purchase cyberrisk insurance coverage
Business Insurance    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Only 19 percent of organizations have purchased insurance specifically designed to cover cyberrisk, according to a survey released by Zurich Insurance Co. Ltd. Conducted by the Harvard Business Review Analytic Services, the survey of 152 private sector and public sector organizations found that while 76 percent of respondents expressed concerns about information security and privacy over the past three years, relatively few are taking concrete actions. More


 

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Colby Horton, Vice President of Publishing, 469.420.2601
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