Mitigating Losses from Intellectual Property Theft
Treasury & Risk publishes an article by Randy Sadler of CIC Services on how companies can best protect their businesses from IP theft and other theft risks.
Treasury & Risk publishes an article by Randy Sadler of CIC Services on how companies can best protect their businesses from IP theft and other theft risks.
There has been an increase in manufacturing companies pursuing captive insurance as a solution to the insurance conundrum, according to Randy Sadler, a principal with CIC Services.
Manufacturing companies should consider using captives to fill gaps in their commercial insurance coverage, according to Randy Sadler, a principal with CIC Services.
As firms moved to a work-from-home environment in response to COVID-19, cybersecurity has been highlighted as an increasing challenge. Industry experts suggest while captive coverage is tailored to the needs of the business, a commercial policy is just as important.
Although many firms use commercial cyber policies for coverage, there can be gaps, leaving firms exposed. Randy Sadler, principal with CIC Services, explains that some commercial policies will not cover losses that occur due to employee error.