August 6, 2014 / by KMRD Partners / One Minute From Normal Series / 0 comments
As the US manufacturing sector continues to be eclipsed by the service sector, the standard 9-to-5 job is being replaced by flexible work schedules. Along with this shift, service businesses are shrinking the number of hours between shifts. They are relying on smaller, leaner staffs to reduce operating costs, even as they stay open longer […]
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Risks Ahead. The potential results of incomplete auto insurance coverage.
July 31, 2015 / by KMRD Partners / Insurance Coverage, Risks Ahead Series / 0 comments
You should be prepared to pay for these 10 things if you have inadequate or incompletely negotiated Auto insurance coverage: Severe damage to others involved in a major accident Hail damage Damages caused by an underinsured driver (many insured drivers only carry state minimum limits) Damage from hitting an animal Damage from hitting a parking […]
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Risks Ahead. As temperatures climb, so will the risk off premises power interruption.
July 21, 2015 / by KMRD Partners / Risks Ahead Series / 0 comments
By 2050, the average number of heat waves each summer in our area may grow from two to six. Heat waves will be longer, lasting five to six days each. During peak summer hours, wires and feeders around New York City carry almost twice the amount of wattage as they do on a winter day. […]
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Enterprise Risk Management. Risks Ahead. Improbable risks aren’t so improbable now.
July 17, 2015 / by KMRD Partners / Risks Ahead Series / 0 comments
According to PricewaterhouseCoopers, “Improbable risks aren’t so improbable now; they’re becoming the norm in a more uncertain world.” The number of man-made and natural disasters has tripled over the past 40 years. With the Internet now connecting from 10 billion to 15 billion devices, the ripple effects of a computer hack grow ever greater. From […]
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BYOD – Bring Your Own Device – Suggested Risk Control Measures
July 15, 2015 / by KMRD Partners / One Minute From Normal Series, Risk Control / 0 comments
At our website www.oneminutefromnormal.com we ask visitors the question: What if an unscheduled event suddenly seizes control of your business? Are you ready? Although companies can save money by adopting a “bring your own device” policy, cyber risk is significantly heightened when employees carry company information outside the office. Manage your company’s risk with this […]
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Risks Ahead. Did you know?… Catastrophe risk
July 9, 2015 / by KMRD Partners / Risks Ahead Series / 0 comments
“The frequency of catastrophic events appears to be increasing, with a record number of catastrophes last year,” according to Swiss Re’s chief economist. 1. A record 189 natural catastrophes were recorded in 2014. 2. The most costly insured catastrophe loss in 2014 came from lightning and hailstorms in the United States in May, resulting in […]
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New proposed FLSA regulations could be disruptive
March 10, 2015 / by KMRD Partners / One Minute From Normal Series / 0 comments
Proposed regulations for new white-collar exemptions to the Fair Labor Standards Act (“FLSA”) expected last month are still pending. These proposed regulations will change the test for exempt and non-exempt classifications for professional, administrative and executive employees. Because proposed changes will have a potentially disruptive effect on business operations, employers should take the following steps […]
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Choosing the right carrier for network security and privacy liability
February 6, 2015 / by KMRD Partners / Insurance Coverage, One Minute From Normal Series, Risk Control / 0 comments
As targeted network attacks continue to rise and governmental agencies increasingly regulate the privacy and data security environment, an increasing number of organizations are transferring their risk to insurance products. In many cases, organizations find they have little choice. It has become common for written contracts to require service providers to obtain coverage for […]
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KMRD Partners Risk & Insurance Solutions – 2014 Year in Review
January 17, 2015 / by KMRD Partners / Announcements, Insurance Coverage / 0 comments
Dear Valued Clients, Partners and Prospects, January 2015 marked the end of one journey and the beginning of another. As we look back with gratitude on our first ten years in business, we look towards the future with energy and optimism. GROWTH – Business grew 14%! This is on top of 32% growth in 2013. […]
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KMRD In The News – The Value of Partnerships
August 7, 2014 / by KMRD Partners / In the News, KMRD Cares, One Minute From Normal Series / 0 comments
At our website www.oneminutefromnormal.com we ask visitors the question: What if an unscheduled event suddenly seizes control of your business? Are you ready? Kevin McPoyle, President and co-founder of KMRD Partners, recently discussed the benefits of partnership in PropertyCasualty360. Kevin observes how in the absence of a productive partnership, very little work gets done. He […]
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Less Can Be More With Employee Hours
August 6, 2014 / by KMRD Partners / One Minute From Normal Series / 0 comments
As the US manufacturing sector continues to be eclipsed by the service sector, the standard 9-to-5 job is being replaced by flexible work schedules. Along with this shift, service businesses are shrinking the number of hours between shifts. They are relying on smaller, leaner staffs to reduce operating costs, even as they stay open longer […]
Read more