Tag: management

What Do Mortgage Broker Bonds Cover?

Bonds are a great way to reduce your overall risk management costs by providing an alternative to insurance in areas where traditional insurance policies are not cost-efficient for financial institutions. Each type of financial company has its own dedicated format for comprehensive risk management bonds, as well as options to buy bonds for specific risks

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Risk Management Considerations for Cannabis Companies

Companies that are engaged in the manufacture or distribution of cannabis, hemp, and CBD products need to develop effective risk mitigation strategies. Here are some things that you can do to help protect your growing company. Establish Internal Quality Control Policies An important way how cannabis, hemp, and CBD companies can manage risk is by

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Errors and Omissions for the Medical Field

An errors and omissions policy protects and individual or organization from claims that are filed due to accidental negligence or failure to provide services according to an arrangement or contract.  An E&O claim will look different within each industry, and the claim may even be titled differently. Within the medical field, malpractice is a type

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Getting the Best out of a Nursing Home Risk Management Plan

As our society continues to age and the need for health care rises, so does the need for high quality senior citizen and nursing home facilities. An important aspect of any senior health care program is a nursing home risk management plan. This type of system helps health care directors to create safe environments for

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