Risk Assessment

Especially if you have a business, it’s a good idea to every so often evaluate your exposure to various risks, and in that context, to also evaluate the extent you have that risk covered by insurance. Often this type of risk assessment can be done by your insurance agent. By way of example, especially of course with a business, have you addressed what your exposure/risk is as to for instance losing the data on your server (do you have it backed up?); is your insurance coverage for disasters adequate; do you have an alternative plan if for instance your office building or factory were to catch fire? There are a multitude of very important issues that need to be considered – and for that, especially if you have a business, you may want to engage a risk specialist to evaluate your situation.