As businesses grow, their needs for and opportunities with commercial insurance purchases change. Often the growth leads a firm to take more risk over time. As with other forms of capital, insurance capital affects both risk and reward: there may be an opportunity for cost savings, but that opportunity comes with greater risk. This white paper provides a foundation for making those decisions.
Taking more risk necessarily means buying less insurance. For small companies this is usually not an option, but large companies have more choices with regard to their insurance agreements, making the insurance purchase more complex for large companies.
Why do large companies have more choices, and what challenges come with that freedom?
