Eugene Kiernan
Eugene Kiernan
chain control handling might puts risks somebody supply takes understand
That takes a part of your supply chain and puts it in control of somebody else. You might not know what's going on on a day-to-day basis, or week-to-week basis, and then you have to understand how they're handling risks at their factory.
asking both detail diverse individual insurance products questions regarding requiring risks standpoint support types
Insurance underwriters are asking many more diverse questions regarding both individual risks from both a products standpoint and premises liability. And renewals are requiring more and more detail than ever before to support the types of questions they're asking.
address clearly management products respond risk strategy understand
Our risk management strategy has been to better understand our own products and marketsnow and in developmentso we can not only respond to the underwriters' concerns, but we can more clearly address our own concerns. At the end of the day, the risk is with the company.