You may be paying 30 – 50%* more for your Risk Management program than you plugged into your budget and forecasts. Sure, you may have accounted for your program’s premiums and deductibles, but did you add in the Financial Leakage that attacks your profits?
Financial Leakage is your largest uncovered risk and ripples through your organization after a claim. Financial Leakage shows up in lost productivity, reputational damage, and the business disruption that large claims cause. All organizations: large, medium, or small (for-profit or non-profit) suffer from the slow drip of Financial Leakage.
Insurance does not cover these costs. YOUR organization pays them.