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Risk Management & Insurance

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Contracts & Agreements, Risk Management & Insurance

Force Majeure Clauses: What They Are and Why They Matter for Startups and Business Owners

December 18, 2024 earnestonome Comments Off on Force Majeure Clauses: What They Are and Why They Matter for Startups and Business Owners

Introduction In the unpredictable world of business, unforeseen events can disrupt operations, delay projects, and strain contractual relationships. The COVID-19 pandemic, natural disasters, political unrest, and other extraordinary circumstances have highlighted the importance of preparing for the unexpected. One critical tool for managing such risks in contracts is the force majeure clause. For startups and […]

Risk Management & Insurance

Professional liability:Who, When and Why

October 9, 2024 Precious Obi-Omovoh Comments Off on Professional liability:Who, When and Why

Who, When, and Why You Should Consider professional liability and Insurance In today’s fast-paced business environment, professionals across various industries face numerous risks that can lead to legal claims and financial loss. Professional liability insurance, often referred to as Errors and Omissions (E&O) insurance, is a crucial safeguard for individuals and businesses alike. This blog […]

Risk Management & Insurance

Conducting Risk Assessment: Business Guide

October 2, 2024 Precious Obi-Omovoh Comments Off on Conducting Risk Assessment: Business Guide

Step by Step Guide in Conducting Risk Assessment for Your Small Business Running a small business comes with a variety of risks, from financial uncertainties to safety hazards. Conducting a thorough risk assessment is essential to safeguard your business and ensure its longevity. Here’s a step-by-step guide to help you through the process. Step 1: […]

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