Webinar: Commercial Risk Assessment

Description:

Assessing a commercial risk is more than just what the business does. Your commercial clients rely on you to provide advice that is accurate and timely. The consequences of not identifying and analyzing risks an organization faces may be critical. Consider an insured that learns that a major loss is not covered. The broker/agent may be blamed for not advising the client to purchase appropriate insurance; the insurer is likely to bear the client’s anger and frustration; the adjuster will have to explain that there is no coverage and prepare for legal battle.

Objectives:

We will discuss a full commercial risk assessment to assist with loss control, risk management, rating and underwriting including:

• Occupancy and associated hazards
• Building construction and exposures 
• Internal protection systems such as fixed extinguishing systems and sprinkler systems 
• Adequacy of public fire protection including hydrants and fire station response 
• All-risk exposure information such as flood, water damage, earthquake, collapse, impact, explosion etc

Facilitator:

Melanie Needham, FCIP, CRM

Melanie has over 20 years experience in the insurance industry and has held various different positions including Management, Underwriting, Risk Management and Business Analyst. Melanie teaches the RIBO/Agent licensing course as well as CIP and CRM courses cross Canada. Melanie was awarded the Instructor of the year award through the Insurance Institute of Ontario numerous times and in 2011 was awarded the national Emerging Leader award through the Insurance Institute of Canada. She is the president of MRD Training and Consulting Inc. and is highly respected in the industry.