Our goal is to increase the understanding of the risk profile for InsureTech, FinTech, funding portals, fund raisers, crowdfunding platforms, and technology developers. These exposures are ever changing and need special attention to address known and unknown liabilities.
Many exposures are insurable using the right insurance products with the right language. In the absence of insurable risk, Emerging Risks, LLC seeks to help companies reduce their risk profile through solid policies and procedures, careful contractual relationships, and mindful risk management strategies.
Risk Management begins with the understanding of the risk profile of the company. Next we review the best practices and procedures that can be implemented to reduce or eliminate risk. Then we analyze risk into insurable and uninsurable risk. For those that are insurable, we seek broad terms and conditions at a competitive price to transfer those risks to an insurance company. For the risks that remain, we focus diligence on the management of the risk through policies, procedures, and monitoring for compliance.