Ian Pelham, Senior Vice President of InSolutions Ltd, England, explains that many US companies face coverage issues when they acquire a UK subsidiary or expand operations into the UK market. This two-part article helps American policyholders understand how to find their insurance coverage in the legacy London Market for historic US risks and employers liability claims in the UK.
Risk is a seemingly simple word that confounds most organizations when it comes to achieving strategic outcomes. We prefer the word uncertainty. Increasingly, the role of business leaders will be to help others in their organizations learn how to frame, evaluate and communicate uncertainty.
Lori Siwik and Mark Siwik are the founders of SandRun Risk. They apply the principles of vertical leadership and lean six sigma to the discipline of risk management. From time to time they share their blog with guest authors who write about important risk management principles.