“Our mission is to reduce your Total Cost of Risk. There are no boundaries when it comes to leveraging the expertise needed — both within and outside of HUB — to achieve your goals.”
HUB Global Risk Solutions
Learn how HUB partners with international experts to manage cross-border complex risk.
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Real estate companies face unique risks that overlap and intersect, creating complex risks that are often difficult to identify and even harder to insure. Here are four ways to mitigate it.
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Complex risk is baked into the transportation industry, but the driver shortage, rising repair costs and skyrocketing payouts are making it even more difficult for companies to find coverage. Evaluating past claims and embracing the future in the form of emerging technology can provide organizations with the insights and tools to manage these increasingly complex risks.
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Whether due to a pandemic, financial crisis, management mistakes or just bad luck, organizations under financial stress will face significant challenges finding insurance coverage for their complex risk.
Complex risk is exacerbating the trend of more and larger insurance claims and lawsuits — especially so-called “nuclear verdicts” with enormous payouts. Organizations that manage their complex risks can help prevent these verdicts before they go nuclear.
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Rising inflation and economic uncertainty are making it more difficult than ever for hotels and restaurants to find adequate insurance coverage at an affordable price. Hospitality organizations that can show underwriters they are properly managing their risk are in the best position to get the right protection.
The interconnectedness of exposures makes complex risks difficult to manage. Organizations that embrace enterprise risk management (ERM) can better identify how risks are connected and prepare for the unexpected.
Shrinking liability insurance capacity is forcing more organizations to seek excess liability coverage in both the domestic and global insurance marketplace. But finding the right insurance mix is a challenge that requires a well-conceived strategy and complex risk expertise.