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Be sure your insurer understands your new operational configuration and has solutions within at least the same boundaries as before you outsourced. You will need to consider all outsourced services as branches of your own offices and operations. Coverage for each function should be analyzed and insured by you if not by your outsourced service provider.
With local tech companies on the short-end of the contract stick, managing risks and exposures is increasingly important.
Let’s look at issues involving risk transfer and how it might draw added value toward you and your products.
The peril of a $70 billion loss to a $300 billion industry has made insurers wary. That, exacerbated by an only slightly hardening…
From the perspective of your risk manager’s desk, technology manufacturing is changing in both important and subtle ways. Assemblers are becoming a more…
Off Premises Property – Your losses may not be covered