The risks faced by executives today are increasing exponentially. The cost of defending a single claim can devastate a company’s assets, and the process can destroy its reputation. The effects of a major claim can also extend beyond the company to the personal assets of senior management, directors and officers. Understanding and managing your business exposures, whether financial or operational, is a fundamental requirement of good business practice.
BKS believes in providing the most appropriate financial risk management services to meet your needs and reduce risk. Our business risk management specialists invest their efforts, skills and experience into developing a sound understanding of your organization. We design and implement executive liability programs that align with the individual profile of each business.
BKS executive liability experts develop tailored programs and specialize in the following areas:
- Educating the executive management team on risk management and risk transfer solutions
- Identifying exposures that may negatively impact your financial performance
- Outlining favorable risk profile characteristics to the underwriting community in order to obtain the most efficient risk transfer options
- Providing ongoing updates of changes in the legal and regulatory environment