KANSAS CITY, Mo., Dec. 21, 2012 /PRNewswire/ -- The CEO of K. Kringle Manufacturing—Santa Claus—produces millions of toys. His online database of naughty and nice children contains highly personal information. His elves work long hours. He has some of the most famous facial hair in the world.
But what do we really know about this firm? And how should Mr. Claus and his company protect his supply chain, reduce his risks, and handle his serious risk management challenges?
In honor of the season—and with acknowledgement and apologies to author Clement C. Moore--the elves at insurance broker Lockton have produced a risk management white paper, "The Night Before Riskmas."
One of the elves has also recorded the poem.
Lockton, the world's largest privately held insurance broker, outlines the key issues facing Santa and his firm, K. Kringle Manufacturing, Inc.
See how Lockton helps Santa and his risk management team structure a comprehensive insurance program to provide more than $1 billion in coverage to his mission critical operations.
More than 4,450 professionals at Lockton provide 15,000 clients around the world with risk management, insurance, and employee benefits consulting services that improve their businesses. From its founding in 1966 in Kansas City, Missouri, Lockton has attracted entrepreneurial professionals who have driven its growth to become the largest privately held insurance broker in the world and 9th largest overall. Independent researcher Greenwich Associates awarded Lockton its 2011 Service Excellence Award for risk management for large companies. For four consecutive years, Business Insurance has recognized Lockton as a "Best Place to Work in Insurance." To see the latest insights from Lockton's experts, check Lockton Market Update.