| Whether due to negligence on the part of the | | | | in London, whether large or small, are not |
| victim or the faulty equipment in the | | | | prepared if things go the wrong way. Some |
| construction site, one fact remains: the | | | | proponents of Marsh say that although these |
| victim died on his/her workplace. | | | | small-time businesses can't do anything to |
| | | | thwart future attacks, they can do some |
| Now, leading New York construction accident | | | | precautionary measures, through some risk |
| lawyer David Perecman is becoming worried | | | | management strategies, to prevent further |
| about the worsening conditions of | | | | damages. |
| construction sites where a lot of workers | | | | |
| sacrifice their lives for work's sake. | | | | As you prepare your usual coffee in morning |
| According to New York Times, a total of 10 | | | | to bring it to your office (or someplace |
| deaths already happened for the past 3 months | | | | else), you smell the aroma of fresh coffee |
| in the year 2008. One building already | | | | beans being brewed. As you pour the liquid |
| received 25 building code violations but the | | | | inside your Stanley thermos, an unfamiliar |
| authorities weren't able to do anything about | | | | sound startled you. BANG! Suddenly, your |
| it. | | | | surroundings become black. |
| | | | |
| Assure UK Business Insurance is not quite | | | | No, it's not that you're injured. It's due to |
| making a good name in the business insurance | | | | the charcoal that splattered from the |
| industry. Although their prices are | | | | thermos. The 2005 edition of Stanley thermos |
| competitive (lower than most business | | | | were withdrawn in the market because of some |
| insurance companies), some claim that | | | | handle issues. If the vacuum cover of the |
| enrolling a premium in their company is not | | | | handle is broken, chances are, it'll explode |
| worth it. Why? Their customer service (if | | | | and charcoal powder will burst in the air. A |
| they ever have one) is poor. UK Insurance | | | | family in Arkansas sued the company (since |
| Index, a website that allows customers to | | | | most of their belongings had black powder in |
| comment on certain services offered by | | | | on it) and the owners of Stanley thermos were |
| insurance companies in the UK, had there | | | | more than willing to pay and assist them for |
| posted in their official page a review of the | | | | the damages. |
| said company. The commenter said that his/her | | | | |
| request to cancel the premium took days (or | | | | American and British proponents of risk |
| even weeks!) and that a lot of "promised | | | | management have agreed to include ERM |
| calls" were made but no calls came back from | | | | (enterprise risk management) in the credit |
| the said insurance company. | | | | ratings of the companies. Although ERM is |
| | | | included in rating banks and other financial |
| Ever since the 9/11 attack in the United | | | | companies, they plan to include almost all |
| States, many countries have been very wary | | | | companies now with their wider coverage (both |
| about their own security. A lot of conspiracy | | | | public and private). They said that it'll |
| theories were formulated since the area where | | | | have a good effect on the companies because |
| the planes were spotted was a "no fly zone", | | | | if ever the company gets a high risk |
| but nevertheless, if it was really an attack | | | | management evaluation, the higher the chances |
| from another country, people should now be | | | | that it'll be given a much better credit |
| precautious of their surroundings. | | | | rating. Credit ratings are needed since these |
| | | | will determine whether the company is worth |
| Or so we thought. Marsh, a risk management | | | | it of a hefty loan. |
| company found out that most of the businesses | | | | |