1. Risk Management, Insurance, & Crime Prevention

2. Risk & Risk Management Risk Management Risk Management Two types of Risk Two types of Risk Pure risk Pure risk Speculative risk Speculative risk How to Cope with Risk How to Cope with Risk Risk avoidance Risk avoidance Risk prevention Risk prevention Risk transfer Risk transfer Risk assumption Risk assumption

3. Insurance Types of Coverage Types of Coverage Fire insurance policy Fire insurance policy Business interruption coverage Business interruption coverage Casualty insurance Casualty insurance Professional liability (malpractice) Professional liability (malpractice) Product/service liability insurance Product/service liability insurance

4. Insurance Types of coverage (cont’d) Types of coverage (cont’d) Workers’ compensation Workers’ compensation Group health & life insurance Group health & life insurance Business owner’s insurance Business owner’s insurance Key person insurance Key person insurance Fidelity and surety bonds Fidelity and surety bonds

5. Choosing an Insurer Independent insurer v. company rep Independent insurer v. company rep Red flags Red flags What to look for What to look for Financial stability and safety Financial stability and safety Specialization in your industry Specialization in your industry Ability to customize policy Ability to customize policy Cost Cost Renewing criteria Renewing criteria

6. Crime Prevention Reducing workplace violence Reducing workplace violence Training managers Training managers Armed Robbery Armed Robbery OSHA guidelines OSHA guidelines Store layout Store layout Securing entrances Securing entrances Using security dogs Using security dogs Control handling of cash Control handling of cash Redesign surroundings Redesign surroundings

7. Crime Prevention Theft Theft Shoplifting Shoplifting Amateurs Amateurs Kleptomaniacs Kleptomaniacs Professionals Professionals Employee Theft Employee Theft Theft Prevention Theft Prevention

8. White-Collar Crime Causes Causes Examples Examples Minimizing White-Collar Crime Minimizing White-Collar Crime Economic Espionage At of 1996 Economic Espionage At of 1996 Ralph Nader’s suggestions Ralph Nader’s suggestions Monitor employees Monitor employees Document Security Document Security Safeguarding Employees Safeguarding Employees