34 min listen
WBSP064: Grow Your Business by Understanding Your Risk Profile and Insurability w/ Michael Schlagenhaufer
FromWBSRocks: Business Growth with ERP and Digital Transformation
WBSP064: Grow Your Business by Understanding Your Risk Profile and Insurability w/ Michael Schlagenhaufer
FromWBSRocks: Business Growth with ERP and Digital Transformation
ratings:
Length:
41 minutes
Released:
Apr 20, 2021
Format:
Podcast episode
Description
The risk profile of manufacturers plays a critical role in how insurance companies and regulatory agencies perceive them, including their cybersecurity standard operating procedures, their ability to prevent injuries, and their consistency to hit their KPIs. All of these factors may have significant growth implications for manufacturers. In today's episode, we have our guest Michael Schlagenhaufer, who discusses how insurance companies evaluate manufacturers' risk profiles. He also shares his insights into how your risk profiles can impact your bottom line because of increased premiums, denied claims, or inability to be insured. Finally, he discusses several issues related to manufacturers' risk profile and their insurability, such as cybersecurity issues, equipment breakdown, and shop floor injuries.For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.
Released:
Apr 20, 2021
Format:
Podcast episode
Titles in the series (100)
WBSP018: Grow Your Business by Standardizing Warehouse Operations w/ Kevin Lawton by WBSRocks: Business Growth with ERP and Digital Transformation