MHA Consulting
MARCH 2, 2023
Managing residual risk is similar to deciding how much of a deductible you are willing to accept in buying auto insurance. And in some cases, just as with car insurance, companies might be paying more for risk mitigation than they really need, if they have a relatively high risk tolerance.)
MHA Consulting
FEBRUARY 16, 2023
Related on MHA Consulting: Critical Assistance: How a Consultant Can Strengthen Your Crisis Management Program According to Strong Language: The MHA Glossary of Essential Business Continuity Terminology , crisis management is “the process of trying to resolve a serious adverse event with minimal impact on an organization and its stakeholders.”
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Reciprocity
SEPTEMBER 30, 2022
And that suffering now extends far beyond the potential for Health Insurance Portability and Accountability Act ( HIPAA ) regulatory non-compliance brought on by lost or stolen data; instead, the breaches affect healthcare organizations’ capacity to function and pose a risk to patient safety.
Erwood Group
JULY 12, 2022
Business Continuity Planning Committee. Insurance Contact Information. Business Impact Analysis Key Findings. Critical Recovery Timelines. These sections can be created logically such as Operations, Finance, or broken into business recovery areas. Business Continuity Plan Governance.
Stratogrid Advisory
JUNE 3, 2020
An added benefit to a more resilient organization will be lower insurance rates These are just a few examples. Insurance companies assess risks to determine the insurance premiums they will charge. The internal recovery plans of vendors and service providers must be taken into consideration.
Stratogrid Advisory
JUNE 3, 2020
Client or customer demands – depending on the type of services an organization provides to its clients, it may be mandated to implement business continuity and IT disaster recovery plans. Business insurance needs – some business interruption policies are requiring organizations to implement business continuity programs.
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