November 5, 2015 / by KMRD Partners /
Developing intellectual property often requires considerable investments of time and money. Since organizations depend on it for branding, manufacturing and selling their unique products and/or services, it is vital they protect their intellectual property. Registering intellectual property, however, does not protect organizations from lawsuits. Since the legal and civil codes governing are often complex and […]
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Understanding the Role of Risk Manager at KMRD Partners
March 21, 2016 / by KMRD Partners / Inside View / 0 comments
At KMRD, the Risk Manager’s job is to analyze data to determine the risks companies face, and look for ways to reduce the probability of loss and the amount of insurance premiums that companies end up paying. To be successful in the role, employees should have good analytical skills and writing skills and must be able to communicate […]
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Risks Ahead. DUI arrests increase on St. Patrick’s Day
March 18, 2016 / by KMRD Partners / Risks Ahead Series / 0 comments
DUI arrests increase on St. Patrick’s Day, with years of increased insurance premiums typically following a conviction. Increased car insurance premiums can outstrip the fine for a DUI in Pennsylvania. A first-time offender with a blood alcohol level of less than 0.10% faces a $300 fine and six months of probation, but no license suspension. […]
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Why Employees Like KMRD – In Their Own Words | Video + Notes
March 14, 2016 / by KMRD Partners / Inside View / 0 comments
Ranked as one of “America’s Best Independent Agencies to Work For”, there are many reasons why employees like to work at KMRD – including experience, autonomy, purpose, inclusivity and more. But don’t take our word for it. Here’s what our employees have to say about working at KMRD – in their own words from the video […]
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KMRD’s Succeed Risk Management Center
January 25, 2016 / by KMRD Partners /
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Intellectual Property Insurance
November 5, 2015 / by KMRD Partners /
Developing intellectual property often requires considerable investments of time and money. Since organizations depend on it for branding, manufacturing and selling their unique products and/or services, it is vital they protect their intellectual property. Registering intellectual property, however, does not protect organizations from lawsuits. Since the legal and civil codes governing are often complex and […]
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Risks Ahead. WiFi Warning
October 30, 2015 / by KMRD Partners / Risk Control, Risks Ahead Series / 0 comments
Wi-Fi hot spots can leave you, your colleagues your staff and your hard won information wide open to hackers. Once they penetrate your server, all of your information is vulnerable, making you liable for any damages a party may bring in a breach allegation. This makes transferring risk through cyber insurance a critical component of […]
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Structuring Non-Standard Insurance Programs
October 26, 2015 / by KMRD Partners /
For large companies, it is almost always less expensive to self-insure the usual and predictable level of claims. The level to which you self-insure, whether on a per-claim or aggregate basis, is a decision that requires a cost / risk benefit analysis. A non-standard insurance program blends traditional insurance with self-insurance. KMRD’s team of experts […]
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Captive Insurance Programs
October 25, 2015 / by KMRD Partners /
Captive Insurance Programs come in many different shapes and sizes. Each type has benefits and weaknesses but all give participants access to underwriting profits in exchange for taking on measured risks. Depends. Some will tell you need to be a large company paying in excess $1M for traditional insurance today to consider this approach. This […]
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KMRD Supports Little Smiles
October 20, 2015 / by KMRD Partners / Announcements, In the News, KMRD Cares / 0 comments
The singular goal of the charity is putting smiles on the faces of kids in local hospitals and shelters that have been going through some really rough, and often times, life threatening issues. They are akin to a mini Make—A-Wish-Foundation where they grant all the “little” day-to-day wishes these kids have from meet and greets with […]
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KMRD’s Claims Analytics Reduced Workers Compensation Costs $369,460 in First Year
October 7, 2015 / by KMRD Partners /
We analyzed their loss history identified some areas of opportunity to improve their situation and built an argument for lower pricing. It worked to the tune of 23% / $370K. A great example of a team effort executing our standard process!
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