Property and Liability Insurance
We’ve often written and discussed the need to properly manage your subcontractor risk exposures, it’s an in depth practice and there’s a lot to think about. One of the key elements of managing that exposure, is managing subcontractor certificates.
Any manufacturer has a host of risk exposures related to their products, and there should be formal and active program in place to mitigate those risks, and be prepared in the event they have to correct a deficiency or safety issue, and mishandling it could be costly.
When the Seattle Seahawks drafted Wisconsin quarterback Russell Wilson in the third round, with the 75th overall pick, few would’ve predicted at the time that not only were the Seahawks drafting a future Hall of Famer, but they were drafting the best risk manager in the National Football League.