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do you sign contracts assuming sole negligence?

Sole Negligence and General Liability Insurance

Contracts between two companies often include the transfer of risk from one party to another under various conditions. A clause that can come up in the indemnification portion of a contract is regarding the issue of Sole Negligence.  We’ll go a little deep into this specific, but potentially consequential, contractual

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a graph showing total cost of risk over time

What is Total Cost of Risk?

Total Cost of Risk is a framework to approach your risk management program.  You’re probably aware of how your insurance premiums, administrative costs, and the losses you retain affect your bottom line. But what other factors should you consider? And how can understanding these costs help you make better decisions?

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