Friday, December 24, 2010

The Twelve Days of Riskmas -- A True Love's Risk Management Challenges

With the 12 days of Christmas starting tomorrow, and before lavishing the one you fancy with a partridge in a pear tree, two turtle doves, three French hens, four calling birds, five golden rings, six geese a-laying, seven swans a-swimming, eight maids a-milking, nine ladies dancing, ten lords a-leaping, eleven pipers piping, and twelve drummers drumming all at an estimated grand total cost of $96,831, pause to consider the risk management issues inherent in such generous expressions of devotion and the fact that your true love's consequential increased insurance premium costs from your gifts could equal nearly a half of million dollars.

At the request of Insurance Journal, the very clever folks over at global insurance broker Lockton, Inc. have analyzed and reported on the risk management issues and insurance coverage needs the traditional gifts of the Twelve Days of Christmas would implicate for the recipient.  Read their report by clicking here:


Merry Christmas everyone.

Roy

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