Business Services Industry
E-COMMERCE BRINGS RISKS: SPEAKERS.
Business Insurance, April, 1999 by WOJCIK, JOANNE
DALLAS-E-commerce is creating new liability exposures for companies. And because of the sheer volume of business being conducted on the World Wide Web today, it's only logical that the number and severity of claims are likely to rise, warned Kay Rahardjo, vp and actuary at Liberty Mutual Group in Boston.
Despite these emerging risks, the Internet provides numerous opportunities for e-commerce, said Scott Lange, chief knowledge officer for Stamford, Conn.-based InQuisLogic Inc. So risk managers should start preparing their companies for these new exposures, he advised at a session during the Risk & Insurance Management Society Inc.'s annual conference and exhibition in Dallas earlier this month. Studies have shown that the time people spend in shopping...
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