Project owner or contractor-who should be buying the insurance? Vikash Khandelwal explains. On a recent flight back to Delhi, I bumped in to a builder friend, who told me that in most of his projects, he asked his various contractors to buy insurance policies on their contracts.
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Marine insurance Manage most probable risks
In a slowing economy, it's important that the industry reengages itself in an optimal risk management exercise to provide adequate protection to an already strained balance sheet, says Vikash Khandelwal. In the second episode of our insurance insight series, he writes about marine insurance.
Risk identification for effective insurance
The risk identification process identifies and classifies the various risks that could affect an organisation. Its endeavour is to list the risks and the likely impact which can then be tracked all along.