Risk management has changed significantly over the past decade. One of the most important changes involves emerging risks. The term “emerging risk” generally refers to risks that were not previously recognized, but are now known to expose a business to significant loss. One “emerging risk” is reputational risk, which has become an important part of a risk management strategy.
Meet Ashley Simpson, RMC Group's Marketing Manager. Ashley lives in Bonita Springs, Florida, with her husband, son, and dog. She also has another baby boy due any day! Ashley loves traveling and ice cream. To learn more fun facts about Ashley, CLICK HERE.
Workers’ compensation insurance is mandatory and complex. It is a type of commercial insurance policy that provides coverage for wage replacement and medical benefits to employees injured in the course of employment. In exchange for such coverage, employees are deemed to have waived their right to sue their employer for the tort of negligence.
If you own a boat, RMC Group can make your time on the water more relaxing and worry-free! We will help you find comprehensive insurance that protects you, your friends and family, your boat and your boating equipment often for less than a dollar a day. You’ll enjoy your boat even more when you don’t’ have to worry about the financial risk of owning a boat.
RMC Group has been involved in the design, implementation and administration of qualified retirement plans and other employee benefit plans for almost fifty years. We have now expanded our services to include Human Resource Consulting. Our HR department is a natural fit, given our many years of experience in working with high-level HR professionals.
RMC Group is a proponent of all types of qualified retirement plans; we have been designing, implementing and administering pensions for nearly fifty years. However, we have witnessed a trend regarding defined contribution plans, specifically 401(k) plans that are not fully preparing employees for the financial burden of retirement.
RMC Group is pleased to announce that we have been approved by the National Association of State Boards of Accountancy (NASBA) as a CPE provider in all 50 states. We will be offering courses in pensions, risk management and advanced life concepts. Our courses will be offered as webinars and as in-person events. We will host CPE events several times throughout the year in different regions.
With hurricane season set to begin on June 1, if you live in an area prone to hurricanes, now is the time to prepare for flooding. However, even if you think that you are not at risk for hurricanes, you should prepare for flooding. Anywhere it rains, it can flood!
Preparing for a flood
The Federal Emergency Management Agency recommends a number of steps to stay safe during emergencies and limit damage from flooding.
In a recent newsletter, RMC Group discussed the topic of Living Benefits in life insurance policies.
Identifying Coverage Gap Issues
The term “coverage gaps” probably does not resonate if the consumer does not understand an insurance policy. The average consumer usually cannot remember the name of their homeowner’s insurance carrier, but almost always can remember the name of their auto insurance carrier. Why is that? Both policies are important to safeguarding assets and making sure that coverage on those contracts adequately protects the possessions that clients have worked so hard to purchase.