Media Firms Could Face Insurance Hikes in 2012

January 31, 2012

  • January 31, 2012 at 6:21 pm
    Than Nguyen says:
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    Redefining risk means thinking about risk beyond traditional risk concepts and insurance policies. It means opening the door to changing your business for the better and significantly improving the safety, sustainability and profitability of your organization.

    Insurance is only a small slice of your cost and is not a stand-alone solution to the risk your business faces. There is real opportunity to dramatically lower your costs by partnering with a strategic risk advisor and adopting a holistic approach to risk.
    Than N.

  • January 31, 2012 at 10:50 pm
    Than Nguyen says:
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    Average insurance costs alone are around 6% of revenues, and these costs don’t even account for risks related to cash flow, reputation and human capital. At the same time, businesses of all sizes are facing retail industry consolidation, unpredictable supply and demand fluctuation, employee retention challenges and increasing global competition.
    Than N.



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