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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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What's your total cost of risk?
CSO Online    Share    Share on FacebookTwitterShare on LinkedinE-mail article
If you don't know, you need a better connection to your company's risk managers, who measure risk by what can be insured and what it costs to do so. While the measurement of operational risks is still a bit of a puzzle for CSOs, risk managers have used TCOR for ages. More



What is a risky business email list?
Business 2 Community    Share    Share on FacebookTwitterShare on LinkedinE-mail article
There is no doubt that marketing comes with risks. However, there are times when even just your business email list can magnify those risks quite a bit. What do you do then? Well, ideally, you would be called to tackle those risks head on. There is nothing wrong with that but obviously there is plenty wrong in being reckless. More

Entrepreneurs not so keen to take risks
Financial Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The image of the swashbuckling entrepreneur eager to take risks is not true for most business owners, according to a psychological study that shows founders are more likely to express cautious traits than the general population. The findings suggest that most people who run businesses are not doing so to achieve the inherently risky goal of growing fast and disrupting an existing marketplace. Most seem happy, it seems, merely for their enterprise to survive. More

BYOD puts 1 in 3 organizations' corporate security at risk
The Sacramento Bee    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Businesses are putting their corporate security at risk, with 1 in 3 organizations (33 percent) allowing their staff unrestricted access to corporate resources from their personal smartphones, according to a survey conducted by B2B International on behalf of Kaspersky Lab. The research revealed that 38 percent of companies apply some kind of restriction on smartphone use, such as bans on access to certain network resources. A further 19 percent have a complete ban on the use of mobile devices for work activities, but only 11 percent of businesses currently use Mobile Device Management software to ensure compliance with corporate security policies. More



Small business owners continue to be optimistic about 2013, yet concerns about the economy remain
DailyFinance    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Bank of America recently released its fall 2012 Small Business Owner Report, a semi-annual study exploring the concerns, aspirations and perspectives of small business owners across the country. The survey found the majority of small business owners are planning on sustaining or growing their business over the next 12 months, as 31 percent plan on hiring more employees, while 56 percent anticipate their staffing needs will remain consistent. More than half of the small business owners surveyed anticipate that revenue will increase in 2013, while only seven percent expect revenue to decline. However, this optimism is tempered by their views on the economy. More

Climate change risks soar for emerging Asian superpowers
Business Green    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Companies operating in Asia are set to be most exposed to "spiraling environmental risks" due to climate change, according to a major new report. Cities in the booming economies of China, India, Bangladesh and Indonesia come top of risk analyst Maplecroft's annual Climate Change Vulnerability Index, which concludes they face the highest risks from the extreme weather and rising temperatures scientists predict for the coming decades. Meanwhile, Mumbai, Chennai, Hong Kong, Singapore, Shanghai, Delhi and Hyderabad are among the cities deemed to face a "high risk" scenario. They are joined by major African cities, such as Lagos, Johannesburg and Nairobi, and iconic South American cities Rio de Janieiro and Buenos Aires. More

3 key rules for reputational risk and customer service questions
Business 2 Community    Share    Share on FacebookTwitterShare on LinkedinE-mail article
When you set up a social media presence, you may not be thinking about customer service. Most businesses use social media as a marketing tool and marketing departments are the most common users of a company's social media presence. For insurance agents, the key reputational risk associated with social media comes from the types of posts created by the marketing department. But there is another risk created by social media channels. More

Food businesses are at risk from lack of social media policy
FoodBev.com    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Almost 50 percent of businesses are leaving themselves open to employee abuse and reputation damage because they have no social media policy for their employees, according to the result of a new survey. It reveals that while over 40 percent of firms allow staff to bring their devices to work, 70 percent set no controls in terms of what they can do with them. Despite a previous survey by Acas finding that 55 percent of employees accessed social media while at work, with 16 percent saying they spent over 30 minutes a day on sites such as Facebook, Twitter and LinkedIn. More

Small Business Saturday: Are you stocked, set and ready?
The Herald    Share    Share on FacebookTwitterShare on LinkedinE-mail article
According to the National Retail Federation, holiday sales are expected to increase by 4.1 percent in 2012. While this could translate into higher profits for Main Street business owners, it also increases the importance of preparing for increased foot traffic, higher inventory levels and more seasonal workers. "Small businesses comprise 27.5 million of the businesses1 in the U.S. and employ about half of U.S. workers2," said Marc Schmittlein, president and CEO of Travelers Small Commercial Accounts. "Entrepreneurs are the backbone of our economy and it is important that we help them manage risk, prevent business interruption and prepare for high levels of business activity ahead of Small Business Saturday and the holiday season. Taking these steps to prepare now is critical to their success in a few weeks and beyond." More


 

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Colby Horton, Vice President of Publishing, 469.420.2601
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