March 27, 2024 / by KMRD Partners / Announcements, Blog
Representing KMRD Partners, Branch President, Bob Dietzel, made a presentation to the National Association of Fleet Administrators (NAFA) in Whippany, New Jersey entitled “Insurance risks and considerations when planning for EV’s in your fleet”. Bob was asked to speak about risk and insurance issues of incorporating Electric Vehicles into commercial fleets. For a copy of […]
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Updated News: Big Changes Started 4/1/24 for the PCRB Experience Rating Plan
September 11, 2024 / by Danielle Latronica / Announcements, Blog
The Pennsylvania Compensation Rating Bureau (PCRB) changed the manner in which experience modifications factors are calculated. This change took effect for policies renewing after April 1, 2024. Outlined below are the key changes: The eligibility threshold will be lowered from $10,000 to $5,000. Result: This means smaller businesses who were not previously eligible for the […]
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Public Company Governance Best Practices Lowers Risk and Increases Results
June 9, 2024 / by KMRD Partners / Blog, From Bob Dietzel's Desk, General
Governance practices for a public company are crucial to ensuring transparency, accountability, and long-term success. Here are some key practices, accompanied by some relevant statistics: 1. Strong Board Composition and Structure Diversity: Boards with diverse members in terms of gender, ethnicity, and skills tend to perform better. Companies with diverse boards see a 15% higher […]
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NAFA Meeting on EV Fleet Risks
March 27, 2024 / by KMRD Partners / Announcements, Blog
Representing KMRD Partners, Branch President, Bob Dietzel, made a presentation to the National Association of Fleet Administrators (NAFA) in Whippany, New Jersey entitled “Insurance risks and considerations when planning for EV’s in your fleet”. Bob was asked to speak about risk and insurance issues of incorporating Electric Vehicles into commercial fleets. For a copy of […]
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Worldwide Broker Network European Regional Conference
February 7, 2024 / by Danielle Latronica / Announcements, Blog
Representing KMRD Partners, a Foundation Risk Partners company, our International Practice Leader, Ingrid Dunlap, attended the Worldwide Broker Network European Regional conference in Stockholm, Sweden. She joined 280 other insurance professionals from over 70 countries. Participation in WBN conferences is paramount to our success supporting our clients’ growth beyond traditional US borders. Continuing to strengthen […]
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Big Changes Starting 4/1/24 for the PCRB Experience Rating Plan
August 30, 2023 / by Danielle Latronica / Announcements, Blog, From Ingrid's Desk
Authored by Ingrid Dunlap A statement was recently released by the Pennsylvania Compensation Rating Bureau that the Pennsylvania Insurance Commissioner has approved the revised Experience Rating Plan on August 18, 2023. Below are the key points being made that we should be aware of. Key changes to the approved Experience Rating Plan (ERP) are as […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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