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Challenges in Implementing Risk Management Measures

Challenges in Implementing Risk Management Measures

Risk management is a fundamental component of every business or organization. Identifying risk exposures, then creating solutions to help mitigate or reduce those exposures, is an important tactic designed to keep overhead costs in check. U.S. Risk Underwriters, a leading provider of specialty insurance programs for commercial operations, understands that while risk management strategies are critical, implementing these measures can pose significant challenges. In this guide, we will explore some of the challenges business owners face as they create workable risk management plans to protect business assets and employees.

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Property Insurance Claims to Be on the Lookout for as Temperatures Drop

Property Insurance Claims to Be on the Lookout for as Temperatures Drop

Property owners face many risks throughout the year. Claims for property damage can occur for any number of reasons, and it is important to understand that some arise during the winter months. Winter weather can wreak havoc on commercial and residential properties alike; deferred maintenance issues may suddenly cause significant damage as the temperature drops. Severe weather, including ice and heavy snow, may also cause unforeseen damage that isn’t likely in warmer weather. U.S. Risk Underwriters, a leading provider of specialty insurance products, understands that insurance agents should be on the lookout for certain winter-related property insurance claims. By becoming aware of these winter-oriented problems, agents can better prepare their clients, no matter what Mother Nature dishes out.

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Ergonomic Risk Factors in Healthcare

Ergonomic Risk Factors in Healthcare

The healthcare profession is an industry with numerous challenges and risks. Among the many risks healthcare providers face in delivering care is the alarming rate of injuries – a rate that surpasses many other industrial occupations that are understood to be dangerous, such as mining and logging operations. For certain patient demands, such as moving or transferring patients, specialized equipment and practices can help to reduce the instances of staff injuries. U.S. Risk Underwriters, a leading insurance brokerage, knows that healthcare facilities and their managers need to implement ergonomic features as a fundamental risk management strategy. Ergonomic equipment and features can not only reduce injuries, but also have the potential to dramatically lower the costs associated with insurance and legal claims. 

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The Most Important Safety Topics for the Transportation Industry

The Most Important Safety Topics for the Transportation Industry

The U.S. transportation industry is responsible for moving cargo and people across the country. This business sector is immensely diverse, encompassing such vehicles as trucks, trains, airliners, and passenger cars. Business relies on the safe, efficient operation of these vehicles, and emerging risks have impacted the industry in unforeseen ways. U.S. Risk Underwriters, a leading provider of specialty insurance solutions for the transportation industry, knows that commercial vehicle operators and transportation industry players need to be aware of these risks. Several safety topics are of vital importance to the industry, and in this guide, we will explore them and how they may be addressed by the transportation industry. 

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Risk Management for Fleets

Risk Management for Fleets

It can be said that the transportation industry is the lifeblood of the American economy. From long-haul trucking operations and cross-country cargo rail to local delivery vans, public transit systems, and for-hire vehicle operators, fleet management is crucial to transporting goods and people across the country. Fleet operators face many risks as they conduct operations, however, and managing those risks is of the utmost importance. U.S. Risk Underwriters, a leading specialty provider of tailored insurance solutions to fleet operations and transportation companies, knows that there are many components associated with fleet risk management. In this guide, we will explore some of the best practices in creating an effective fleet risk management plan. 

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U.S. Risk announces acquisition of U.S. E&O Brokers

U.S. Risk, LLC, a top ten property and casualty wholesaler and MGA, announced today that it has acquired U.S. E&O Brokers (“U.S. E&O”), a wholesale broker and MGA focused on delivering professional lines coverage for insurance agents. U.S. E&O is headquartered in Houston, Texas, with additional locations in Connecticut, Colorado, and New Mexico. The U.S. E&O team will join U.S. Risk Underwriters, the specialty programs division of U.S. Risk. Terms of the transaction were not disclosed.

Commenting on the transaction, Angela T. Schroder, president of U.S. E&O, shared: “We are delighted to join the U.S. Risk family of companies. We believe their entrepreneurial culture aligns very well with ours, and we look forward to strengthening our offerings to current clients while expanding our client base through the U.S. Risk network of agents.”

Randall G. Goss, chief executive officer for U.S. Risk, added: “We are pleased to welcome U.S. E&O to the U.S. Risk team and look forward to strengthening our specialty professional liability capabilities. Angela and her team have a well-deserved reputation for providing excellent service levels and bringing years of expertise to all of their customers.”

About U.S. Risk, LLC
U.S. Risk, LLC, is a leading international specialty lines underwriting manager and wholesale broker headquartered in Dallas, Texas. Operating 17 domestic and international branches, it offers a broad range of products and services through its affiliate companies, which include U.S. Risk Underwriters, U.S. Risk Brokers, U.S. Risk Solutions, Oxford Insurance Brokers Ltd. (UK), James Hampden International Insurance Brokers Ltd., (UK), MGB Insurance Brokers Ltd, (UK), Antarah FZE (UAE), and UNIS A.G. (Zurich). For more information, visit www.usrisk.com.

For more information, contact:

Randall G. Goss
U.S. Risk, LLC
(800) 232-5830
randall@usrisk.com

Can Event Insurance Policies Cover Acts of Terrorism?

Can Event Insurance Policies Cover Acts of Terrorism?

Around the world, events bring people together. Whether these events are a professional sports game, a music festival, or a live art performance, large crowds can be expected. As such, these special events may be a target for acts of terrorism. Recent terrorist attacks targeting event attendees have raised the specter of terrorism insurance in the minds of event promoters, leading to many questions. Is entertainment insurance sufficient to cover the risks associated with a terrorist attack? The answer to that question is not as clear-cut as many event promoters hope.

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The Effects of the Driver Shortage on the Transportation Industry

The Effects of the Driver Shortage on the Transportation Industry

The world’s economy depends on the timely and safe delivery of goods from manufacturers to consumers. Trucking is the cornerstone of industry; without trucks and drivers, companies are limited in sales, and consumers may have difficulties in obtaining the products they demand. Looking at America’s highways and byways, one may be surprised to learn that the transportation industry is facing an unprecedented driver shortage. U.S. Risk Underwriters, a leading provider of specialty insurance solutions for the transportation industry, knows that companies are scrambling to understand the reasons behind the driver shortage. In this guide, we will take a deeper look at the U.S. driver shortage and ways that the transportation industry is addressing this challenge.

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The Greatest Risks Facing the Healthcare Sector in 2018

The Greatest Risks Facing the Healthcare Sector in 2018

The healthcare industry has long faced numerous challenges as it delivers quality care to those who need it most. As technology advances, including a greater understanding of disease processes and the tools to treat illness, new risks emerge. Changing regulatory requirements, increased service demand, and workplace violence have also added to the complexities healthcare providers face in daily operations. U.S. Risk Underwriters is a leading brokerage of specialty insurance solutions for unique risk placements across industries. Insurance coverage forms the foundation of risk management in the healthcare sector, providing protection for facilities, employees, and patients alike. In this guide, we’ll explore some of the greatest risks facing healthcare providers in 2018.

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The Legal Obligations of a Community Association

The Legal Obligations of a Community Association

Community associations, typically known as homeowners associations or HOAs, play a vital role in home ownership. Originally developed to help preserve neighborhood continuity and real estate value, today’s community associations are tasked with myriad duties. As a contractually- or statute-obligated organization, a community association is faced with significant legal rights, rules, and responsibilities. U.S. Risk Underwriters, a leading provider of customized insurance solutions for these organizations, knows that community associations must protect themselves and their assets against potential legal claims.

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