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Managing Risk in Small Business - presented by Dr Allan Manning, Risk Manag...

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Darwin Convention Centre

10 Stokes Hill Road

Darwin City, NT 0800

Australia

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Understanding risk is a vital part of running any business. There are risks around reliance on the internet, social media and greater risk management.

This session will look at how to identify risk, measure it, and plan to avoid it. It will explain that insurance is not the total cost of risk, but the cost to transfer the risk away from the small business owner and their family, to an insurance company. It is therefore not about obtaining the cheapest price, but understanding the key covers available and ensuring that the policy coverage and the claims service of the insurer are in line with your risk appetite.

The hosts will be TIO and Risk Management Specialist, Dr Allan Manning, Managing Director of LMI Group who both assist businesses at the time of a loss. The aim of this session is to ensure you have the appropriate knowledge and coverage in place for it is far too late after.

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Dr Allan Manning

For over 40 years, Prof Allan Manning has managed large and complex losses involving major and complex claims all around the world. Using his experience he now acts as a client advocate on claims, acts as an expert witness, and conducts policy reviews and drafts insurance wordings. He has developed knowledge based services such as PolicyComparison.com, BIcalculator.com, RiskCoach and the business continuity management system, ContinuityCoach.com now used across the globe.

Allan is one of Australia’s most academically qualified insurance professionals having lectured at RMIT, Melbourne, and Victoria Universities and has delivered over 1,200 papers on insurance and risk management topics. He holds the post of Adjunct Professor with Victoria University in the Faculty of Law and Justice, and is the author of 13 books on insurance, including Business Interruption Insurance & Claims; Mannings Six Principles of General Insurance; Understanding the ISR Policy and It May Happen to Me! The Essential Guide to General Insurance. He is currently international president of the International Institute of Claims Preparers and was recently rated in the top 20 most influential people in insurance for the 5th year running. He was awarded the Life Time Achievement Award at the 2012 Insurance Industry Awards and is an Honorary Life Member of The Institute.

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Darwin Convention Centre

10 Stokes Hill Road

Darwin City, NT 0800

Australia

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