- Rising insurance premiums and costs
- Identifying and closing gaps in insurance coverage (e.g. cyber risk, D&O insurance)
- Balancing cost concerns with adequate risk management and coverage
- Determining the right deductible levels and coverage limits
- Evaluating and selecting insurance brokers/providers
- Implementing self-insurance programs and risk management strategies
- Ensuring regulatory compliance with insurance requirements
- Managing talent acquisition and retention for skilled insurance/risk professionals
- Integrating insurance programs after mergers and acquisitions
- Staying updated on emerging risks and new insurance product