12/13/2011

Hide Here Comes The Insurance Guy: A Practical Guide to Understanding Business Insurance and Risk Management Review

Hide Here Comes The Insurance Guy: A Practical Guide to Understanding Business Insurance and Risk Management
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No need to hide from THIS insurance guy. Somebody once said that a New York accent was the most effective form of birth control known to man. Others might nominate as an effective contraceptive any tendency to talk about insurance.
Author, risk manager and consultant Rick Vassar has penned an illuminating primer on insurance and risk management in his book, "Hide! Here Comes the Insurance Guy." The title is a take-off on the notion that, for most people, meeting with an insurance person or discussing coverage is as much fun as a root canal or proctological exam. Vassar tries (successfully) to cushion the blow and counter the stereotype by presenting insurance and risk management principles in a straightforward way that can profit any business professional.
Part of his theme is that most companies have risks that are overseen by someone whose title is not "Risk Manager." Most companies do not have risk managers but all companies have risk and need to manage it. For these risk managers without title or formal portfolio, Vassar's book is an indispensable primer and guide. Reading and heeding his advice will save businesses much money, frustration and Excedrin-consumption.
Vassar divides his book into three main sections. Part I discusses business strategies to even the playing field between policyholders and insurance companies. Part II walks through the major basic forms of insurance coverage for most any business. Part III rounds out with a useful; glossary and index.
Vassar's target audience is likely not the Fortune 500 or Fortune 1000 risk pro who attends the annual RIMS Conference. There is no highfalutin discussion of enterprise risk management or views from 50,000 feet above ground level. If you are seeking information on Sarbanes-Oxley compliance or the risk management implications of global warming, look elsewhere. The storefront risk manager, though, will find a wellspring of effective tips and tricks between these covers.
Vassar's focus is practical and hands-on, leavened with a self-deprecating sense of humor. Did I say "humor"? Yes, though few comedy clubs are likely to feature an Open Mike night for insurance reps, Vassar takes the human antipathy toward insurance and turns it into a source of mirth and amusement. (Some end-of-chapter checklists would have been a nice addition to the text, but this is a minor quibble.)
So run -- but don't hide - and get your copy of "Hide! Here Comes the Insurance Guy." Get out from under the desk. Leave the closet and face your fears. Insurance may not be fun, but Rick Vassar has come as close to anyone in blending sharp wit with moneysaving insights.


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If you are ready for simple explanations, practical solutions, and time-testedstrategies that will reap huge savings in insurance costs, then Hide!Here Comes The Insurance Guy is here to help!
Author Rick Vassar, certified as an expert in the commercial insurancearena, writes from a risk manager's perspective as he tackles the oftenconfusing field of commercial insurance with his real-numbers–real-solutionsstrategy.Developed not just as an initial learning tool, but also as anongoing resource for experienced managers as well as the uninitiated, thissimple guide will help busy executives and business owners reduceexpenses in their current programs. Vassar will teach you four distinctsteps to controlling your insurance costs:
• Understand the language, understand the process • Know the players, know how to better manage the process• Develop a strategy, develop a plan to maximize coverage forminimal cost• Invest the time, invest in real financial benefits
With a fresh perspective, Hide! Here Comes The Insurance Guy providesinsight into an industry that is constantly evolving and changing, andshows how you can potentially save your company millions of dollars ininsurance costs!
www.vassargroup.com


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