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Risk Management & Insurance Presented by Mark Yunker Vice President, RJ Ahmann Company. Risk Management & Insurance. WHAT KIND OF FUNERAL DO YOU WANT?. Risk Management & Insurance. 5 Risk Management Steps Identification Analysis Control Financing Administration.
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Risk Management & Insurance Presented by Mark Yunker Vice President, RJ Ahmann Company
Risk Management & Insurance WHAT KIND OF FUNERAL DO YOU WANT?
Risk Management & Insurance • 5 Risk Management Steps • Identification • Analysis • Control • Financing • Administration
Risk Management & Insurance • Risk Management Matrix • Avoid Retain • Transfer Reduce
Risk Management & Insurance • If you fail to identify, you retain • Insurance is the worst method of transfer – fortunately for me it is the only method most businesses can afford • Contractual transfer is limited by the ability of the other party to pay • The PML Concept
Risk Management & Insurance • Cargo Insurance Limitations • Carrier Liability • Due Course of Transit • Commodity Limitations • Exclusions • Endorsements
Risk Management & Insurance • Use Your Property Insurance • Transit Extensions • Storage Extensions • International Cargo Insurance • Very Broad • Maintain Control
