Hauser Insurance Group’s Risk Management Expertise assimilated to its Client Insurance Solutions

For an insurance policy to be termed as well-made, it must put both internal and external factors into consideration when taking clients’ risks. At Hauser Insurance Group an insurance company which has been in operation since 1971, good Insurance policies are provided in the sense that it has risk management expertise that considers all factors to cover every exposure to risks. Its headquarters is in Cincinnati, Ohio, and offices are found in Chicago, Atlanta, and New York City.

There are three potential risks that firms faces. Operational Risks include internal and external risks, Compliance Risks in which a business has to follow various laws and regulations from the government, local state bodies, environment protection bodies, safety and health bodies, etc. Hauser Insurance has specialists that help firms identify the applicable laws in this case and offer insurance cover to this risk where necessary.

Cyber security Risks are also on the list affecting mostly small-scale firms. These attacks were on the rise during the Covid-19 pandemic outbreak because many firms were forced to work from online platforms. Hauser Insurance Group has Insurance Experts to deal with Ransomware Attacks although it noted that in the USA malware attacks affect only a few individuals.

Hauser Insurance has a program that assesses due diligence of risks before covering them. Insurance, Transactional and Financial assessments are carried out before Hauser proposes a suitable insurance strategy to be used. This Insurance Group serves private equity firms, companies, and multinational corporations. As of 2022, this company serves 44 countries having over 70 private clients. It has made about 200 successful private equity business transactions. It is normal for new risks to arise but Hauser Insurance has custom coverage needs which enables it to find a solution for the new risks. When the firm is a merger, Hauser addresses individual firm challenges and comes up with an insurance policy that covers both firms.

Original source to learn more: https://www.hauserprivateequity.com/team-member/mark-hauser/