In the production and operation process of enterprises, they will face various risks. Faced with complex external uncertainties and challenging internal business environments, in a sense, managing enterprises is the process of managing risks. Enterprises constantly struggle against risks in the process of survival and development.
The goal of enterprise risk management is to identify, evaluate, and analyze various potential risks that may have an impact in business operations, and to control and manage them within the scope of risk preferences, in order to ensure the achievement of enterprise goals. We must carefully analyze risks, consciously assume risks, scientifically avoid risks, and prudently obtain risk returns.
Let's take a look at the risks in business operations together:
1、 Risk identification of corporate property
1. Natural disaster risk
Typhoon, rainstorm, flood, lightning strike, storm, earthquake and other natural disasters are the main reasons for the loss of fixed assets of enterprises.
2. Risk of accidents
Including electrical risks, fire and explosion risks, water heating pipe burst risks, etc.
3. Machine equipment risks
Machine equipment faces electrical risks such as short circuits, overvoltage, and overload, as well as operational risks such as negligence by technical personnel.
4. Legal liability risk
Mainly various financial compensation risks caused by risk accidents, such as public damage, employee damage, product liability, etc.
2、 Risk induced loss of enterprise value
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1. Enterprise Property Value Risk
2. Risk of business interruption losses
3. Risk of personal injury to employees
4. Legal liability risk
3、 The role of enterprise property insurance
1. To share risks and provide economic compensation for enterprises, we know that various natural disasters and accidents, such as fires, explosions, floods, lightning strikes, wind disasters, etc., are inevitable. If a company encounters a disaster or accident, it can affect production, interrupt production and operation, or even go bankrupt.
Therefore, disasters and accidents have become an unpredictable risk in enterprise management.
2. By investing a small amount of fixed costs, potential huge financial risks can be avoided, financial compensation risks can be transferred, and financial expenditure can be reduced.
In case of natural disasters or accidents within the scope of insurance liability, timely economic compensation can be obtained to ensure the normal production and operation of the enterprise.
3. Make insurance companies attach great importance to disaster prevention and loss prevention work, inspect the safety of insured property, timely propose improvement suggestions to the company if unsafe factors are found, and supervise the implementation of measures to eliminate unsafe factors.
In addition, insurance companies are encouraged to strengthen disaster prevention and loss prevention in terms of insurance rates, and enjoy discount rates according to regulations.
4、 What is Corporate Property Insurance
According to the first national standard in the Chinese insurance industry, "Insurance Terminology (GB/T 36687-2018)", the definitions of property insurance and corporate property insurance are as follows:
1. Property insurance
Property insurance
Insurance with property and related interests as the insurance subject.
Note: Property insurance includes property loss insurance, liability insurance, credit insurance, guarantee insurance, etc.
2. Corporate Property Insurance
Corporate property insurance
Property insurance that is subject to the ownership, possession, or obligation of custody of property and its related interests located in a designated location owned by an institution or group.
5、 Basic classification of enterprise property insurance
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Property basic insurance, as the name suggests, only covers the most basic risks and has only four types of coverage: fire and explosion; The damage caused to corporate property by lightning strikes, flying objects, and other airborne objects falling. The loss of property caused by other risks is not within the scope of protection. Because the coverage is minimal, the rate is also the lowest.
Compared with basic insurance, comprehensive property insurance covers a wide range of coverage. On the basis of basic insurance, it increases the loss of property caused by rainstorm, flood, storm, tornado, hail, typhoon, hurricane, blizzard, ice slush, sudden landslide, collapse, debris flow, and sudden subsidence of the ground.
Looking at this coverage, all losses caused by natural disasters that property may encounter are within the coverage.
However, insurance companies have specific requirements for rainstorm, hurricane, flood and other natural disasters. For example, a storm: refers to a natural wind with a wind force of level 8 and a wind speed of 17.2 me