Search

Nobody ever thinks that they will be the victim of an act of violence or terrorism in the workplace, even as these tragic events become more and more common in our society. As a result, little is done to prepare for or be aware of the potential warning signs that may offer evidence that something really bad is about to happen.

Risk managers typically dont have the capacity to invest large amounts of time preparing for a loss that may never occur. But when you reserve a reasonable amount of time to prepare for certain losses that could be damaging to your business, the effort can more than pay for itself in the long run.

All too often, the D&O policy is relied upon as the risk management strategy, and while it’s meant to provide a safety net when it’s needed, corporate governance is a more proactive first step.