RISK MANAGEMENT Archives - Page 24 of 32 - Church Executive


Social media risk — a spot check for the church?

Recently, I convened a panel of experts for a conversation about where the Church stands relative to capitalizing on the remarkable evangelization opportunity of social media. The key questions:
• Are churches actually embracing
social media?
• If so, how are they doing managing the risks?
• How can churches establish boundaries as they row in these unchartered waters?

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Protecting your church and religious organization against fraud

Now more than ever, all organizations are exposed to risk, including cyber security breaches and internal fraud. Religious institutions — which strive on building a trusting relationship with their members and employees on the foundation of religious beliefs, coupled with tight budgets and limited financial oversight — are even more vulnerable to fraud and abuse.

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5 critical questions to ask your (potential) agent

In the insurance world, agents — or brokers, in some instances — are oftentimes viewed as the “expert” when it comes to all things regarding liability, protection and coverage. As individuals, protecting things like personal vehicles and homes is thought of as a “no-brainer.”
What isn’t always top-of-mind is protecting the church.
As a ministry, there are innumerable assets and coverage options that should be considered when purchasing insurance. That’s where an insurance agent comes in to help.

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Dollar’s dollars: restricted gifts and abandoned projects

Televangelist Creflo Dollar recently came under fire for asking that 200,000 of his followers donate $300 each to buy a $60-million luxury jet for his use. In the wake of bad publicity associated with the request, it appears that he may have cancelled the campaign before reaching his goal. The problem is: What happens to money already collected?

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‘Heads up’ safety — a paramount concern

The Christian high school had much to be proud of: a history of academic excellence; a great reputation for community service; and also, as a much respected perennial contender for state football champion.

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How to choose the right insurance for your church

insurance essentials, church insurance

The one constant when purchasing insurance is uncertainty. A few days of unexpected rain can carry in its wake a flood of unwelcome expenses and stress. Thankfully, insurance minimizes the havoc that can occur from such an event.

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Safety Strategies: Playing it safe

Accidents and injuries were almost a given, accepted as an inevitable part of life. Even during a span of eight years of the 21st century, more than 200,000 children were treated in emergency rooms each year for playground-related injuries.

But these times, they are a changin’ — and passively accepting that kids are destined to get hurt on a playground no longer should be the case. The jungle gyms and merry-go-rounds from yesteryear have been replaced with equipment that has been built with safety in mind.

And while injuries and accidents cannot be completely prevented, there is much one can do to help keep playgrounds as safe as possible.

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Fraud prevention: are you doing all you can?

Banks are in the business of risk management — so, who better to help your ministry manage fraud and the onslaught of cybercrime making news almost every day?

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Unregulated security solutions pose danger to schools

Schools are facing increasing pressure from school boards, parents and communities to address security vulnerabilities. That pressure is ramped up every time there is a school shooting.

In many ways, this pressure is a positive catalyst that nudges schools to take steps to reduce their safety and security risks. However, as with
most kinds of pressure, it can lead administrators to make desperate moves in order to appease stakeholders, especially when faced with significant obstacles like funding.

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Arthur J. Gallagher & Co. named to the “World’s Most Ethical Companies” list for fourth consecutive year

On Monday, when Ethisphere released its 2015 World’s Most Ethical Companies list, Arthur J. Gallagher & Co. was on it, for a fourth consecutive year. The award recognizes 132 companies spanning 21 countries and five continents that “embrace the correlation between ethical business practices, public trust and improved company performance.”

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