NUCO Offers RM Tools & Techniques Book

NU Online News Service, Dec. 26, 11:15 a.m.EST--The Professional Publishing Group of the NationalUnderwriter Company has announced the release of a new book to aidrisk management professionals and students.

The "Tools & Techniques of Risk Management and Insurance" isa comprehensive book that offers insight into the tools andtechniques needed to assess, quantify, and address the risks thatbusinesses face.

It explains the framework of the risk management process,including a discussion of the latest thinking on enterprise riskmanagement. It then discusses the tools that may be used to addressthese business exposures.

"A cornerstone to the book is its commitment to clearly defined,practical information that is easily applied in everyday riskmanagement," said NUCO, based in Erlanger, Ky.

"Students will find the book easy to use and understand, filledwith insight into the world of risk management andproperty-casualty insurance. Businesspeople will be able to use thebook as a road map to managing their business exposures. Clearlydefined terms are encapsulated into glossaries at the end of thechapters," NUCO added. (NUCO is the parent company of the NUOnline News Service.)

The 16 technique chapters outline the skill areas needed todevelop and implement a comprehensive risk management program.These techniques include discussions of various risk treatments,including non-insurance contractual transfers, insurance transfer,and alternative risk transfer--such as captives and otherrisk-sharing techniques.

Also included are discussions of loss control, claimsmanagement, emergency response and business continuity planning,global risk management, insurance companies, and working with anagent or broker.

Twelve tools chapters provide information on potentialtreatments of the issues raised in the techniques chapters. Inaddition to providing insight into various types of insurancecoverages, the tools chapters also address capital markets risktransfer, loss control, certificates of insurance, claim reviews,and surety bonding.

Written by four industry and educational experts, the bookfeatures numerous checklists, charts, graphs, and forms thatillustrate and help when applying the tools and techniques that arediscussed.

"This book is recommended to students in the risk management andproperty-casualty field, to business professionals who needdirection in the complex field of risk management, and to riskmanagement and insurance professionals who are searching for apractical desk reference," NUCO said.

The book may be obtained by calling 1-800-543-0874, as well asonline at www.nationalunderwriter.com/nucatalog/.