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Businesses must pay more attention to risk management if they are tocontain spiralling liability cos...
Businesses must pay more attention to risk management if they are tocontain spiralling liability costs, says Simon Lotter, underwriter atLloyd's managing agent Marketform. "Close attention to high-level issuesgives a strong indication of the quality of the business. These include acompany's approach to risk management at board level, its attitude towardsself-insurance of inevitable claims and the risk management response toredress causes of claims," he said. He urged companies to implement
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