Gulfshore Insurance > Gulfshore Blog > Commercial Risk Management

A benchmarking analysis is one of the most beneficial tools for evaluating operational efficiencies, yet it is significantly underutilized. Wikipedia has a nice formal definition of benchmarking, but here is the gist:

“(Benchmarking) is a process used in management and particularly strategic management, in which organizations evaluate various aspects of their processes in relation to best practice companies’ processes, usually within a peer group defined for the purposes of comparison. This then allows organizations to develop plans on how to make improvements or adapt specific best practices, usually with the aim of increasing some aspect of performance. Benchmarking may be a one-off event, but is often treated as a continuous process in which organizations continually seek to improve their practices.” Read more

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In some states, summer weather can be a little uncomfortable. In Florida, it can be downright dangerous. Scorching temperatures and suffocating humidity make our summers exceptionally brutal. If you have employees who work outside, share this article with them. By learning the basics and taking a few simple precautions, they can steer clear of heat-related illnesses this summer…. Read more

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Gulfshore Insurance, along with our carrier partners, works closely with clients to implement risk control activities that prevent the occurrence of accidents and injuries. However, with all the prevention in the world, it doesn’t ever completely stop accidents from happening. When faced with a Workers Compensation (WC) claim, it is important to keep in mind one critical recommendation: Pay Attention to Indemnity Payments! … Read more

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Hurricane damage can’t always be prevented or eliminated, but with some careful forethought, it can be mitigated long before a storm arrives. There are some obvious preventative measures that can be conducted that require out of pocket expense like inspecting, repairing, and upgrading the roof cover and perimeter flashing or installing hurricane shutters, but for the purposes of this article we will focus on the activities that businesses can perform that require no more investment than time and energy. These are broken into Pre-Hurricane, Warning, During, and After-Hurricane phases… Read more

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After you’ve created a Business Continuity Plan and reviewed your insurance policies with your agent, the rest is common sense…or is it? We share four tips that you may not have considered to help prepare your business in the event of a major hurricane… Read more

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