Here are just some of the many examples of how these services can improve your profitability and keep your business running strong:
Example 1: Mobile Tanks
Mobile or skid tanks that are loaned or rented to large fuel operations create potential pollution liability exposure. An expert contract review by PT Risk Management could save you from being the responsible party in the event of physical damage to the tanks, or the need for a pollution cleanup.
Example 2: Propane Tank Dispenser Locations
Every LPG dispenser location, new or old, needs to have a written rental agreement that clearly states who’s responsible for the dispenser and the propane dispensed. The agreement should include, among other things, a certificate of insurance with a hold harmless and indemnity clause in favor of the marketer.
Example 3: Data breach
After the widespread—and widely publicized—data breach hit Target, the company’s profits dropped steeply. Not only did consumers lose trust, the chain of stores had to pay huge amounts in damages and maintain costly credit monitoring services. Cyber hacking can impact businesses small and large, as well as affluent individuals. In addition, businesses are facing increasing threats to their data from former employees. Cyber liability coverage should be on every company’s insurance list, and PT Risk Management can get you the right coverage to help keep your reputation intact.