On March 11, 2015 we presented the Human Capital Summit. Mike Nader, Partner at Faegre Baker Daniels, presented a compliance update. Below are the highlights.

Today we’re sharing insight from guest blogger Jerry Scott. We hope you enjoy Jerry’s wisdom and perspective.

Last January I was browsing in Barnes & Nobles and noticed Tony Robbins on the cover of Success magazine. He was promoting an article on pushing past your comfort zone to achieve the extraordinary. He looked older and more serious than I remembered. I picked up the magazine, looked at Tony, and smiled a big smile with soft eyes. God knows I love that man.

As an employee owned company, our clients have the unique opportunity to speak with owners each day. We asked a few of our employee-owners to share what Gibson’s Employee Stock Ownership Program (GESOP), means to them. As you would expect, it means different things to different people. But several themes consistently appeared in their responses.

#WhatsTheRisk is my tagline for this regular executive blog. Given that I’m an insurance broker, you may think the risks I write about are “hazards” such as your building catching fire. The reality is: the biggest risks to most organizations come from strategic and business risks that involve people and your leadership. That’s right. You might be the biggest liability at your company!

Tornados, fires, and storms happen. Burglaries happen. You take precautions to protect your home from these situations, but have you thought about what you would do if you lost your possessions?

Yes, your insurance policy is there to help cover your losses. But how do you know how much coverage you need? How will you go about replacing what you lose?

Creating a detailed inventory of your belongings is an important step in protecting your home. Don’t overlook it. 

Today we’re sharing insight from guest blogger Phil D’Amico, Director of Business Development and Marketing for Majority Builders. We hope you enjoy Phil’s wisdom and perspective.

I’m sure you’re aware of the quote, “It’s amazing how much can be accomplished if no one cares who gets the credit.” While former United States President, the great Harry S. Truman, and former Hall of Fame Basketball coach, John Wooden are credited with using this quote the most, the philosophy seems so simple for leaders of today.

Today we’re sharing insight from guest blogger Ron Turpin, Gibson’s CFO and Fort Wayne Market President. We hope you enjoy Ron’s perspective and wisdom.

As the Baby Boomer generation continues to enter the retirement phase of their lives, the need for effective succession planning is becoming more and more critical. This is particularly an issue in the service industries, where the value of your asset is based upon intangibles. These would be comprised of many things, including:

Exposure to hazardous chemicals is a serious threat to workers. Employees have the right to know what chemicals are being used, their hazards, and how to safely handle them. OSHA’s Hazard Communication Standard is intended to “improve the quality and consistency of hazard information, making it safer for workers to do their jobs and easier for employers to stay competitive,” as described by former U.S. Secretary of Labor Hilda Solis.

During the winter months, I spend quite a bit of time playing games with my boys. On our rides to visit family or nearby ski slopes we are usually lucky enough to have Mom drive, which means only one thing: electronic RISK via our iPads and iPhones.

Theft, fire, collision, upset, and overturn all threaten the equipment you depend on to deliver projects on time and within budget. Direct losses from contractor’s equipment are estimated to be over $1 billion annually. Even if just one piece of equipment is damaged or out of service, it can significantly impact your project’s timeline and cause productivity to suffer. What can you do to protect your equipment and control losses?