The Perils (and Rewards) of Incident Reporting to Insurers
If Hamlet was a risk manager, Shakespeare would have him ask, "To report or not to report -- that is the question."
In the context of incident reporting to insurance companies, that is the risk management conundrum this episode addresses.
Why are insureds wary of reporting incidents? Why do insurance companies want to know about incidents? What are the potential perils to policyholders of foregoing incident reporting?
These are among the questions addressed in this episode of The Claims Coach!