Why should brokers ask clients about their human resource departments? By asking if a business client has a human resources department, a broker can quickly find out about that client's liability exposure.
Denis Panariti, Underwriting Manager for Management Liability and Financial Institutions, CNA Canada, says, "From an underwriter's perspective, having an HR department suggests that a set of rules likely exist and are followed. This would help underwriters get comfortable with an insured's legal exposure."
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