By Robert M. Dietzel, CIC, ARM, managing partner and co-founder, KMRD Partners Inc.
The partners at the insured were exactly where they wanted to be. Their firm sold best-in-class products at competitive prices. Profit margins were sufficient. After years of diligent outreach and performance, the partners had earned the trust of a dedicated client base. Suppliers were conscientious and dependable. Key employees had embraced the company mission. Everything seemed to be under control. What could possibly go wrong?
Those of us who are committed to supporting organizational risk management know fully and by example that not all risks are under the insured’s immediate control.
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