Why Your Business Needs An Insurance Risk Management Advisory Assessment

Fri Sep 16th, 2022 on     Insurance Claims,    

Your business is your livelihood, and you have worked hard to get it where it is today. You owe it to yourself, your family, and anyone else that your business supports to ensure that you have the proper insurance in case to protect against lawsuits and the unexpected. At Ver Ploeg & Marino, we concentrate our practice on helping policyholders obtain the compensation they deserve when insurance companies deny their claims for coverage. Too often, our Miami insurance litigation lawyer has met with business owners, reviewed their policies, and discovered that they do not have the coverage they need to cover the loss they have experienced. Don’t let this happen to you; keep reading to find out more about risk management advisory services and why your company needs an assessment from Ver Plog & Marino.

We Learn Your Business

When a Miami insurance litigation lawyer from our firm performs a risk management advisory assessment for a client, they take the time to get to know how their business operates and their future goals. Knowing this helps our attorney to see where their enterprise is at its most vulnerable and where it needs certain protections in place. Our lawyers are able to customize the language in insurance policy contracts to ensure a business has the protections it needs. In other words, we know where coverage is needed and where it isn’t, so our clients only pay for what they need.  

Transparency Fosters Confidence

A risk management advisory assessment can help boost confidence in your business. When a Miami insurance litigation lawyer from our office becomes familiar with how your business operates, they will have access to critical information. Having a trustworthy, independent, and knowledgeable lawyer confidentially review your critical documents is a great way to ensure that no one is acting in a way that is contrary to the best interest of the business and that the business has the insurance coverage it requires. In turn, owners, employees, investors, and clients will have a boost of confidence in the company and the way it is being operated. They will know that you take the protection of your business to heart and it will increase their confidence in you.

Our Knowledge Is Extensive

Our attorneys have extensive experience in a wide variety of industries, and every Miami insurance litigation lawyer at our firm is current on the laws that affect the insurance industry. We bring all of this knowledge and years of practice to the table when we conduct a risk management advisory assessment. Our ability to use our legal skills to recognize where your business is exposed is unmatched. The good news is, our representation does not stop at identifying the risks your business is facing. We also help you to form a plan of action that addresses the problem areas so that you will have the safeguards your business needs in place as soon as possible. 

Your Profit Margin Will Thank You

Some business owners opt not to have a risk management advisory assessment completed by a Miami insurance litigation lawyer from our firm due to cost. In truth, our assessment ends up saving money for many of our clients. Our experience sometimes allows us to sometimes find ways our clients can save money each month. Even when this doesn’t happen, we often hear a big thank you from our clients when, later down the road, they encounter a problem that they now have insurance coverage for as it was a need identified by our assessment. 

Your Business Will Be Legally Compliant

You know your business, and we know ours. Our knowledge of the intersection of where the law and the insurance industry meet is unparalleled. When our Miami insurance litigation lawyer has completed their assessment and presented their findings to you, you will know their plans for your company are inclusive of the steps you need to take to be legally compliant. 

You Will Have Peace of Mind

Imagine having experienced lawyers advising you on how your business is being operated and what you need to do to protect it and you as the owner. The peace of mind our risk management advisory assessment brings is immeasurable for many of our clients. 

We Identify Types of Insurance You Don’t Know Your Business Needs

Almost all business owners are aware of the most common types of insurance they need, such as a general liability policy. However, there is often a need for insurance coverage that they are not even aware of. Some of the most common types that our clients do not know they need include:

Business Interruption Insurance

An unexpected event can wreak havoc on your business’s bottom line. In many cases,  business interruption insurance can step up to protect your enterprise from some of the losses you will sustain due to a disaster, such as a fire or a hurricane. 

Cyber Liability Insurance 

Technology has allowed our business practices to move forward in leaps and bounds. However, with such advancements come threats of cyber attacks and breaches. Cyber liability insurance is often a policy most business owners have not contemplated, but it is often necessary in today’s business world.

Crimes and Dishonest Acts

While many business owners prepare for business losses from the outside world, they ignore the threats that come from within. There are insurance policies available to help businesses when they suffer a loss due to an internal fidelity or criminal matter, such as theft by an employee or other person associated with the company. 

Speak With A Miami Insurance Litigation Lawyer at Ver Ploeg & Marino

Don’t wait until the worst-case scenario happens to find out your business needs a type of insurance that you never purchased. We have seen this happen time and time again, and the outcome can be dire. Contact our office so we can meet with you and have our Miami insurance litigation lawyer conduct a risk assessment for your business.

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