Your insurer is your partner in the risk business. The more insurers understand how security products can impact risk mitigation, the more effectively they will be able to price premiums. Your company’s insurance rates are commensurate with your risk exposure,” says Neil Lakomiak, Business Development Director, Building and Life Safety Technologies for UL LLC.
If your organization is operating in an area where the risk of kidnap is deemed high, you should consider the Special Risk options available through the insurance market. Carried by many leading underwriters, Kidnap/Ransom and Extortion (KRE) coverage reimburses the losses associated with a kidnap.
Led by CEO Al Grasso, The MITRE Corporation is paving the way to practical solutions for critical challenges in the U.S. while helping to foster talent, innovation and security for future generations. Learn more about this organization’s methods and mentorship in the October issue. Other topics in the October issue include profiles on the Port of Los Angeles and Seattle Children’s Hospital, 4K video surveillance tips and technology, security career advice and more.