written by Rebecca Gomez Having an effective safety program is crucial for creating a safe work environment and keeping workers’ compensation premiums low. Some employers have used a reward system (reward employees when there are no work-related accidents) as motivation to create a safe work environment. This can be a costly mistake. A reward system […]
written by Rebecca Gomez Studies have shown that most breaches affecting organizations are not committed by nefarious unknown forces, but from their current or former employees. Experts in the cyber intelligence community found that 60 percent of all breaches affecting organizations have been carried out by individuals within their organization, who intentionally or unintentionally, take […]
It is common for nonprofit organizations to have their employees and/or volunteers to drive their personal autos for business-related purposes. This, however, provides the organization with additional liability exposures. In the event your employee or volunteer is in a car accident while using their personal auto on your behalf, your organization can be held liable. […]
In creating an effective crisis management plan, your organization should explore various potential crises your organization can face, such as fire, weather-related perils, workplace violence, and cyber-attacks. After assessing the risks, create a crisis management plan to address those risks identified. This process should be assessed regularly to strengthen any weaknesses in the current plan […]
Be Prepared or it Can Cost You! As the New Year begins, it is important for every organization to review their risk management procedures by addressing any weaknesses to prevent potential accidents that lead to costly claims. One risk management tool to assist in mitigating the costs of claims arising out of your organization’s operations […]
A recent report shows that the majority of employee thefts occur in small businesses with less than 150 employees. In most instances, trusted employees perpetuate employee theft. The following are a few of the more common embezzlement myths, which fool administrators into complacency: “Everyone who works here is a trusted employee.” “Nonprofits rarely have to […]
Did you ever wonder how workers’ compensation is calculated and why premiums fluctuate even though your payroll is consistent? Most administrators know that workers’ compensation premium is based primarily on the estimated annual payroll. However, many times, we receive concerns from our clients who were billed an additional premium at audit. Many times this additional […]
Written By: Rebecca Gomez One of the most common incidents that nonprofits face are slips, trips, and falls. These claims can be costly for many nonprofits and implementing an effective slip and fall incident prevention method will help prevent future claims and keep insurance premiums low. Your organization should establish a risk management policy that […]
By Rebecca Gomez Addressing cyber security risk management procedures to all staff is critical to every organization. A recent report indicated two-thirds of all cyberattacks against organizations (large and small) result from employee negligence or malicious activities. The same report also indicated that external breaches only caused about 18 percent of cyberattacks. Human error, according […]
By: Rebecca Gomez Last weekend, a ransomware virus known as “WannaCry,” affected 150 countries and more than 300,000 people. Ransomware is a cyber attack where hackers encrypt files from their victim’s server and holds them for ransom. In the case of “WannaCry,” the hackers demanded $300 to restore their data. An important lesson to take […]