This recently revised electronic manual offers an in-depth introduction to certificates of insurance. Gain valuable insight on topics including drafting insurance requirements, special language and endorsements and distribution and management.
Did you ever wish that you could find all the information on risk management and business insurance in a plain language text written by an experienced risk manager? Well, it wasn’t possible until now!
Hide! Here Comes the Insurance Guy ? A Practical Guide to Understanding Business Insurance and Risk Management
explains insurance, risk management and cost-saving strategies in an easy to read style that actually entertains as it educates. Rick Vassar CPCU, ARM, AIS, ARM-P
is a career risk manager who has made it his mission to bring risk management to the masses.
So if you want to educate your bosses, your co-workers, your customers, or you just want to fill in some of the blanks in your own work, Hide! Here Comes the Insurance Guy
is all you need!
Also available in Hardcover
The report calls for complete transparency and full disclosure of all revenue streams associated with the placement of insurance products, and serves as a guide to assist risk managers in understanding insurance broker compensation and potential conflicts of interest.
The report stresses that any compensation to the broker from insurers with whom the broker places client business must be transparent or eliminated altogether, thus ensuring brokers are acting solely in the interest of their client. Other topics covered within the report include:
•An extensive outline of insurance broker compensation types;
•Tips for crafting an effective request for proposal;
•Recommendations for delineating services to be provided and associated charges within a Service Level Agreement (SLA).
Insurance Essentials is a comprehensive guide that teaches the basics of property and casualty insurance and makes a great resource for the seasoned insurance professional. The 8th edition (2012) is based on the most recent ISO forms and was expanded by nearly 50% with new chapters and enhanced analysis. Insurance Essentials covers the most important aspects of personal lines and commercial lines insurance, and contains explanations of policy terms, coverage forms, conditions, endorsements, exclusions, and limits. Examples throughout the book assist the reader in understanding key P&C concepts and terms, mainly by showing how specific coverage is applied to different loss situations. (8th edition, 510 pages, includes companion study guide)
Learn the basic insurance terms and concepts for life insurance, health insurance, and employee benefits. Focus on the key aspects of term and permanent life insurance, major medical health insurance, annuities, retirement planning, long term care, and the Medicare program. 191 page handbook with CD study guide included.
As a risk manager, one of the most important decisions faced (if not the most important decision) is the selection of an insurance broker. Today’s brokers offer their customers much more than a simple avenue for the purchase of insurance products; they offer a complete menu of risk management services. For a growing number of risk managers, brokers serve as their actuaries, loss control engineers, risk management information system (RMIS) providers, and consultants on topics as diverse as alternative risk financing (ART) and enterprise risk management (ERM).
The success of the selection process and subsequent broker relationship rely heavily on how clearly expectations are communicated. Brokers and customers each have unique expectations that must be clearly communicated and understood by both parties. The broker / risk manager relationship should be one such that both parties have identical goals, expectations, and principals. This assures the highest level of quality services are being provided in line with mutually agreed objectives and business practices.
This recently updated book - by RIMS Member and Chapter Services Committee, is designed and written to assist risk managers and other business professionals (treasurer, chief financial officer, general counsel, or whoever is involved in decisions relating to the protection of company assets) in the critical decisions and processes involved in selecting and working with a broker
Resources provided in this book include the following: sample forms, a broker scorecard, request for proposal form, and insurance glossary.