
Risk Management
Are there any state by state legal and coverage property and casualty guidelines?
What is Risk Management?
Risk management is a management practice designed to reduce the production and financial risk of the business. Commonly used practices include diversification, purchasing insurance, hedging or forward contracting, maintaining cash reserves and maintaining flexibility in the operation.
Stauber Associates uses its 20 years’ experience in the insurance industry to design a risk management portfolio best suited for its clients. Call us at (215) 255-5747 or contact us.
What lines of business do you work with?
Stauber Associates has experience working with virtually every line of business, with specialties in construction, financial, New York Labor Law, and environmental.
What is Section 404 of the Sarbanes-Oxley Act and how does it affect risk?
Section 404 states that management is ultimately responsible for maintaining an adequate internal control structure for financial reporting. Companies that include risk-related issues in this process help manage their risk consistently and create value for shareholders.