June 28, 2018 / by KMRD Partners / Blog, Risk Control / 0 comments
The benefits of enterprise risk management provide company leaders and other stakeholders with a structured intellectual framework to help plan for and cope with the vicissitudes of a constantly shifting business environment. The benefits of Enterprise Risk Management (ERM), a plan-based business strategy, enable business executives and senior staff members to achieve key organizational goals: Identify potential […]
Read more
An Enterprise Risk Management Approach to Establishing Whether to Purchase Pollution Insurance
March 26, 2022 / by KMRD Partners / Blog, General
Many companies can have potential exposure to pollution related incidents. To understand your company’s specific needs for pollution liability insurance coverage, this article includes 10 situations to help identify potential pollution-related exposures. Before reviewing these situations, though, take a look at this 5-step program to help management teams identify and remediate the full spectrum of […]
Read more
What to Look For In An Outsourced Risk Management Team
March 19, 2022 / by KMRD Partners / Blog, General
The risk management process is the deliberate and methodical identification, measurement and prioritization of risks resulting from unplanned events. This process is paired with the application of resources to minimize, monitor and control the probability and/or impact of events that can range from the sudden death of a key person to the loss of a warehouse and […]
Read more
Reducing Distracted Driving with “This App Saves Lives”
May 13, 2021 / by KMRD Partners / Blog, Risk Control, Webinars
For those who missed our webinar on reducing distractive driving with “This App Saves Lives” … here is a recording! At KMRD Partners we believe that risk management shouldn’t just be seen through an insurance lens. Rather it should also be viewed as a way to make everyday life experiences safer. We always look for […]
Read more
Innovative Safety – Meet FRED; The Material Handling Robot with SuperPowers
April 2, 2019 / by KMRD Partners / Blog, From Bob Dietzel's Desk, Risk Control
By Doug Fastuca and Bob Dietzel, ARM, CIC FRED is a hard working automated guided vehicle (AGV) that can make a difference in your business. For significantly less than other AGVs, you can be up and running with FRED in no time—without the need of IT support. Four reasons why FRED is the right choice: FRED […]
Read more
The Benefits of Enterprise Risk Management
June 28, 2018 / by KMRD Partners / Blog, Risk Control / 0 comments
The benefits of enterprise risk management provide company leaders and other stakeholders with a structured intellectual framework to help plan for and cope with the vicissitudes of a constantly shifting business environment. The benefits of Enterprise Risk Management (ERM), a plan-based business strategy, enable business executives and senior staff members to achieve key organizational goals: Identify potential […]
Read more
The Importance of Making Informed Decisions: A Basic Overview of Enterprise Risk Management (ERM)
April 5, 2018 / by KMRD Partners / Blog, From John's Desk, Human Capital & Benefits Solutions
By John E. Garber, Jr., SPHR, SHRM-SCP There are a few pitfalls associated with the “traditional” risk management approach. In the traditional approach to risk management, there is one-dimension assessment of risk, loss prevention and insurance. Risk is managed in a “siloed” manner and is typically reactionary. Risk is considered in “negative” terms. The alternative approach […]
Read more
WannaCry Ransomware: Everything You Need to Know
May 16, 2017 / by KMRD Partners / Insurance Coverage, One Minute From Normal Series, Risk Control / 0 comments
Risks in a business from data breaches and other malicious cyber acts just keep on growing. Due to potential limitations of standard liability coverage when dealing with the evolving cyber environment, forward thinking organizations are transferring their risk to cyber insurance products. While WannaCry ransomware cyber-attacks have slowed since being initiated on Friday, vigilance remains the […]
Read more
5 Top Risks In A Business; Cyber Is A Big One
March 7, 2017 / by KMRD Partners / General, Insurance Coverage, Risk Control / 0 comments
While risks in a business can range in size and potential impact, many can lead to serious financial consequences. There are many risks in a business. Below are five that can do the most damage: Flooding Pennsylvanians can be grateful for many things, including a great abundance of scenic rivers and streams. In fact, Pennsylvania […]
Read more
What To Look For When Purchasing Insurance For Your Business
November 7, 2016 / by KMRD Partners / Insurance Coverage
Organizations rely upon business insurance to protect them from the risks and potential threats to their successful and continued operation. Below, we have listed and explain eight common types of insurance for your business. A licensed, reputable broker like KMRD Partners can help you choose the right insurances for your business by determining which coverages meet […]
Read more
Food Recalls and Nanotechnology – Kevin McPoyle’s Article in The Insurance Journal
June 22, 2016 / by KMRD Partners / One Minute From Normal Series / 0 comments
In the June 20 issue of Insurance Journal Risks Ahead: Food Recalls and Nanotechnology KMRD Partners President Kevin McPoyle considers risks from food recalls and nanotechnology to food insureds. As noted by Kevin, “With litigation and recalls now commonplace, it is critical for food insureds to think through and plan for the “when” as opposed to […]
Read more