Best Practices for Third-Party Risk Management
Best practices for third-party risk management include investing in a cloud-based vendor management software, hiring ...
bcs blog
Posts about Risk Management & Compliance (2):
The Importance of Vendor Management
Consistent vendor management empowers businesses to improve transparency and mitigate risks by tracking real-time ...
Vendor Risk Management & Insurance Tracking Software
Risk mitigation and vendor risk management are vital to protecting your company from costly claims, and can be ...
Do You Have Worldwide Coverage?
Your insurance might not cover international exposures, putting your company at risk if you do conduct business ...
Volatile Economy Calls for Better Risk Management Techniques
Identifying and analyzing potential risks and strategizing to avoid and reduce them are critical to successful risk ...
You Could Face Tort Liability For Your Independent Contracts
While companies assume they won’t be held liable for tort claims arising from work performed by independent ...
What Are the Steps in the Commercial General Liability Policy Renewal Process?
Collecting all pertinent information, performing a risk assessment, assessing previous renewals, and comparing rates ...
Finding Vendor Risk Management Success
Working with vendors brings risks to business arrangements, including potential financial, legal and operational ...
Building Your Contractual Risk Transfer Strategy
Effective contractual risk transfer strategy includes insurance requirements and the collection of documentation, ...
Increasing Your COI Compliance
Clear contractual language, effective internal policies and communication, and centralized tracking are several ways to ...