Risk-Management-Home Archives - Church Executive


Passing the ‘hot potato’ – Contractual Risk Transfer

By Michael J. Bemi Most recently in our series on moving “beyond insurance,” we examined Claims Management. Now, we undertake the next step in our journey: Contractual Risk Transfer. First, we acknowledge that since this series of articles moves us “beyond insurance,” this mandates some level of Risk Retention — a self-assumed level of loss […]

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Managing misfortune in a ministerial fashion

church claims risk management

We previously identified that Risk Retention — as opposed to simply buying insurance — can provide a number of very substantial and significant benefits that ultimately can enhance the provision of our ministries. However, it is axiomatic that these values of Risk Retention are diminished (and potentially destroyed) if an entity does not control and mitigate its losses.

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Risk control: a key element for successful ministry

Most recently in our series on moving “beyond insurance,” we examined Risk Retention. Now, we undertake the next step in our journey: Risk Control.

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