How do you balance the costs of insurance with the risks to your business?
As a business owner, one of your biggest priorities is to manage and reduce the risks, including financial risks faced by your company. These risks can include boarder closures, lockdowns, new competitors in your market space, health and safety risks at your warehouse, data breaches/hacking, and so on. There are many ways to mitigate these risks, one of the strategies you have available is transferring your biggest financial risks by taking out insurance. Continue reading How do you balance the costs of insurance with the risks to your business?