Curtin Insurance Agency Blog

One of the most important components of ensuring a firm's ongoing financial viability is to have the correct business insurance in Connecticut. Business owners should understand the areas where their business is most vulnerable, and to do this it is necessary to conduct a thorough and detailed risk assessment. This can be done by a professional company or you can do the job yourself, prior to taking out, or updating, your commercial insurance policy.

While the form of a risk assessment will vary from company to company, a good review should include at least the following points:

Identify the risk areas and those who may be harmed

Find those areas in your workplace where the risk of injury or worse is higher and note who is most affected. For example this may be an area where spillage of flammable material is possible. Note the number of employees (and/or) customers who may be at risk.

Note current safety procedures and possible improvements

Having identified the problem areas, check how safety procedures work at present. Should they be not effective, or could be improved, note how this could occur.

Review your assessment

Put in place a system of regular reviews of your risk assessment. Incorporate staff ideas on how improvements can be made and compare accident and safety records.

Once your assessment is complete, contact one of our agents to discuss how to arrange for your business insurance in Connecticut. Agents in our office have considerable experience in assisting business owners to find the right types of coverage.

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