- Combining Commercial and Self-Insurance: We’ll explore the balance between transferring risk via commercial insurance and retaining it through self-insurance, highlighting the benefits of integrating both.
- Local Governments & Natural Catastrophes: We’ll use this real-world example to illustrate how various entities manage risk, providing insights that can be applied across sectors.
- Weighing the Costs: Dive into a practical discussion on the cost-effectiveness of insurance, considering different risk scenarios and their financial implications.
- Finding the Right Fit: Not all insurance solutions are one-size-fits-all. We’ll discuss how to determine the best point for commercial insurance based on your organization’s specific needs and financial health.
- Monte Carlo in Excel: We’ll simplify Monte Carlo simulations for you, showing how you can use this method in Microsoft Excel to quantitatively analyze risk scenarios.
Check out other decision making books
The Art of Strategic Decision-Making: How to Make Tough Decisions Quickly, Intelligently, and Safely (Think Smarter, Not Harder)
HBR's 10 Must Reads on Making Smart Decisions (with featured article "Before You Make That Big Decision..." by Daniel Kahneman, Dan Lovallo, and Olivier Sibony)