Too often, contract review is treated as a legal formality rather than a core risk management function. However, from an insurance perspective, contracts can materially alter your exposure profile.
Risk transfer is only effective when it is properly structured, enforceable, and backed by insurance. Many organizations rely heavily on indemnification provisions, but that alone is rarely sufficient.
Waivers of subrogation remain one of the most frequently misunderstood insurance provisions in client contracts. These clauses prevent an insurer from seeking recovery from a third party after paying a claim.
We continue to see ongoing trends across most commercial lines insurance, but there are actions you can take to mitigate these pressures on your bottom line.
This guide provides a concise checklist of the top winterization steps every organization should consider, from protecting equipment and facilities to maintaining clear communication channels with employees and customers.
This checklist outlines daily, weekly, and event-based tasks to ensure your organization stays ahead of hazards by documenting when areas are cleared, treated, and inspected.
