A key component of risk management is the transfer of risk. For Ontario Municipalities, this typically means purchasing insurance. In this webinar, we will examine the key components or risk and discuss strategies for financing this risk.
Further to this, the webinar will explore tools that can be leveraged to move from estimates provided closer to renewal each year to strategic planning for both insurance premium costs and below deductible costs. We will review the use of reserves and the impact deducible changes have for future budgeting years.