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Aug. 13, 2013

MexiPass International Insurance Services, LLC

MexiPass is the leading MGA, Underwriting Manager & Risk Management Solutions provider for risks of American entities in Mexico.


Don't get burned by these costly joint check agreement mistakes
By Scott Wolfe
Joint check agreements are common in the construction industry, but perhaps more common are mistakes that can lead to significant losses and legal headaches. Joint check agreements are so common that many believe there is a standard form or some type of legal standard these forms must meet. In fact, the opposite is true. Joint check agreements live in a legal Wild West. The following are the three most common mistakes companies make.
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Industry Pulse: Have you had trouble with joint check agreements?

Previous Industry Pulse: Does your company have an employee handbook?

Reengineering risk management from the ground up
ABA Banking Journal
Among the many challenges facing community banks today is determining who is in charge of enterprise risk management. Someone independent from day-to-day business line management is preferred, although for a small bank this may not be possible. While not ideal, many community banks are expanding the roles of the chief financial officer or compliance officer's roles to include ERM. Others are chartering Risk Management Committees, comprised of the same senior officers that sit on most every other bank committee, to deal with issue.
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Should business continuity managers commit to a new 'always be testing' routine?
Continuity Central
Statistics have shown that most small to mid-sized businesses will experience at least one instance of system downtime a year. Once a year doesn't seem like much, but consider this: Aberdeen Group estimates that an hour of downtime costs a mid-sized business an average of $74,000. Then factor in results from a Harris Interactive survey, which found that IT managers estimate 30 hours on average for recovery. Now that the cost has been put into perspective, are you sure your business can bounce back from even one instance of system downtime each year?
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Cat bond sponsors tempt investors with diversified perils and geographies
A new wave of more diversified insurance-linked securities is expected in the wake of the world's first cat bond to exclusively cover storm surge risk. ILS investment managers and dealers predict that targeted cat bonds providing cover for specific perils and geographic regions will become increasingly popular as investors look to diversify their portfolios.
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Bringing the GC into enterprise risk management
Corporate Counsel
As enterprise risk management becomes increasingly crucial to how U.S. corporations operate, in-house counsels have struggled to see how they fit into the process.

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How your job is slowly killing you
The Huffington Post
More than 8 in 10 Americans are stressed about their jobs. Occupational stress is so pervasive that we accept it as a fact of life, but the truth is that demanding jobs do more than make us unhappy.

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Strengthening financial visibility for improved risk management
Banking Technology
The largest enterprises are prioritizing financial risk over cash and liquidity management, a recent study has shown.

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Social media offers valuable tools for B2B crisis communication
Business 2 Community
Just imagine: You have to recall one of your most popular products, your website "rollover" turns into a two-day outage; a fire damages your regional distribution center. Crises like these do happen, and when they do, the company's usual crisis communications plan is rolled out and maneuvered into position. You know the drill: PR meets with top management, then drafts a tight-lipped statement. A frowning woman from legal goes over your letter to distributors with a red pen, removing any shred of apology. From the point of view of the marketing team, about the only thing that could make this scenario more out-of-date is a horse and buggy.
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Looking for similar articles? Search here, keyword(s): Social media for crisis communication.

  Our Work is Getting People Back To Work.
Providing safe & reliable transportation, clear communication, prompt & accurate durable medical equipment deliveries & professional Home Health Care professionals is our promise and priority to you. You aren’t dealing with claim files or case numbers, you are dealing with people. People who deserve to be treated with respect and understanding. People who need help getting back to where they need to be.

We are here for you 24/7, call us today 877-605-0005 or visit our website

For emerging markets, better luck next year?
It's been a tough year for emerging markets, with only a few exceptions — Philippines, for instance. Whether these growth markets do better next year is anybody's guess. Investors might have to wait until the smoke clears from Fed tapering, expected by the first quarter of 2014, and signs of life in the entire eurozone, rather than just Germany.
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Most firms don't have a plan to ensure employee wellness
Business Standard
The inability to clearly demonstrate the return on investment in wellness programs prevents many companies from taking that first step, says Andrew Heard. Employers understand the urgency of addressing health and productivity issues: 72 percent of the respondents to a recent survey view it as priority. Programs, on the other hand, are still playing catch up as the majority of companies have only one or two in place. The logical inference is that employers have a vision for health and wellness, but lack a plan to achieve it.
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Missed last week's issue? See which articles your colleagues read most.

    Strengthening financial visibility for improved risk management (Banking Technology)
10 ways to prepare for business disruptions (The Globe and Mail)
How seriously should we be taking the concept of unburnable carbon? (By Lucy Wallwork)
Risk managers dealing with rise in total cost of risk (The National Law Review)

Don't be left behind. Click here to see what else you missed.

Colorado business owners wade through muck to assess losses
Colorado Springs Gazette
More than 20 businesses recently suffered losses from the flood that swept through Manitou Springs and some may not reopen for up to two weeks as they clean up damage. Many of the shops in the 700 block of Manitou Avenue and along Canon and Park avenues suffered damage from the flood, either from water and mud that flowed into their buildings or that filled basements that many businesses along Fountain Creek used to store inventory, business records and other items.
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Diversity in the workplace? Where does it start?
Rockford Register Star
Diversity issues within the workplace can be a difficult discussion with employees if they are not aware of their own bias or prejudices. Each employee comes from a different background, set of rules, values and styles that can cause individuals to struggle through the sensitivity issues they may already be accustomed too.
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Colby Horton, Vice President of Publishing, 469.420.2601
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