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Utilize Enterprise Risk Management Strategy to Mitigate Exposures

Some risks have no obvious insurance coverage

Associations cope with myriad risks every day. From operational exposures like slips, trips and falls, to employment practices transgressions and data breaches, there’s a lot to consider and mitigate.

While most hazard and occupational risks are insurable, some have no obvious coverage.

This includes strategic exposures, such as succession planning, reputational damage, or revocation of tax-exempt status, as well as financial risks like investment and credit risk and macroeconomic shifts tied to geopolitical conditions.

Please select this link to read the complete article from ASAE’s Center for Association Leadership.

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