Risk International

Knowing where risk hides and understanding how to manage it are two different things, and neglecting to manage risk can become very costly. Michael Winschel shares how Risk International’s independent expertise provides knowledgeable and unbiased opinions that deliver cost-effective results for businesses managing risk.

State insurance agencies are closely monitoring claim activity related to the virus, and should anything change (i.e. should states begin recognizing COVID-19 as a covered disease under worker’s compensation statues, which we do not believe is likely), we will address that with you. If an employee contracts COVID-19 through work or work-related travel and claims that the infection is a result of the employer’s negligence, the employee may sue under employer’s liability. If you have foreign subsidiaries or employees traveling to, or employed in, a foreign country, those employees may be covered through company travel insurance policies or foreign liability policies. Foreign Employer’s Liability will typically include a limit of liability, per employee, event, or in the aggregate for endemic disease only.

Fairlawn-based benefits consulting firm Risk International has reached a deal with BV Investment Partners that will give the Boston-based private equity firm a majority stake in the company. Risk International — a provider of outsourced risk management, employee benefits advisory, claims management and actuarial services — announced the move late Wednesday, June 28, in a news release.

In this Deal of the Week feature, O’Brien takes us inside his approach to searching for investors and explains how he was able to execute the process seamlessly. Dave O’Brien is ready to put Risk International’s ambitious growth strategy into overdrive. Learn about the process in the full article on sbnonline.com