Insurance

Increasingly a treasurer's range of duties includes material insurances. Property damage-, business interruption- and liability insurances entail a lot of risk factors to manage.

Besides that there is a wide variety of other insurances. Each insurance manager aims to find the best balance between hedging risks and minimizing premium costs.

Furthermore, claims handling has to be attended. Often an insurance broker acts as an intermediary between the treasurers company and insurance companies.

Sometimes it makes sense to set up a so called “captive insurance company”.