RISK MANAGEMENT Archives - Page 5 of 18 - Church Executive


Church Mutual recognized by Celent for innovation and emerging technologies

Church Mutual Insurance Company, Merrill, WI,  has been recognized by Celent for Innovation and Emerging Technologies for its Sensor Technology Program. Celent is a global research and advisory firm for the financial services industry. Celent’s awards annually recognize the best practices of technology usage in different areas critical to success in insurance. Nominations are submitted […]

Read More >
Share

Moving beyond insurance — really?

A 6-step process to making it a reality at your church By Michael J. Bemi Our series on moving “beyond insurance” has, so far, identified and examined all the critical elements and related processes to enable an insured entity to “move beyond” insurance. But, realistically, can we ever really move beyond insurance? After all, even […]

Read More >
Share

Measuring ministry activities

church dashboard metrics

Measuring and exploring key performance indicators (KPIs) for your ministry can help in the navigation of both risks and opportunities.

Read More >
Share

What you should know before recruiting a church intern

church internship

Many churches recruit interns as a way to provide ministry experience for students. Guidelines for unpaid internships have changed.

Read More >
Share

Financing projects — borrowing vs. capital campaign

Church lending and budgeting

When your ministry is planning a project, options for financing are to borrow, have a capital campaign, or save. A mix of all three is also possible.

Read More >
Share

5 signs you might be due for an insurance checkup

church insurance check-up

Check-ups for church insurance help to assess the church’s needs and determine if limits are accurate. This ensures lack of overpayment and full coverage

Read More >
Share

Concerned about a cyber breach? There’s a plan for that

cyber security

Cyber exposures pose a potential threat to your church. Learn about the likelihood of a cyber breach and how to prepare and respond to any attacks.

Read More >
Share

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.

Read More >
Share

Counting collections: 3 “good steward” reasons to automate

Collections are an important part of any church. And, as a church leader, you want to manage your inflow the best way you can.

Read More >
Share

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.

Read More >
Share