Our risk management strategies help Personal Care & Beauty companies drive continuous innovation, endure future challenges, and achieve ambitious growth objectives. We work alongside our clients to help extend your current insurance program's capabilities, optimize your risk spending, close coverage gaps, manage exposures, and find new growth opportunities. Our Personal Care & Beauty Risk Management Program offers comprehensive insurance management services to help your organization carry out its mission and mitigate the risk exposures your business experiences. Some of the critical challenges the Personal Care & Beauty industry must address include the following:

• Business interruption can arise when a business cannot operate due to an event such as a natural disaster. For example, if a salon’s property sustains damage from a severe weather event, it would be unable to operate while repairs are being made. This can result in lost revenue and cause businesses serious financial distress.

• General Liability claims pose a threat to the Personal Care & Beauty industry. Clients can sustain bodily harm or have their property lost or damaged on the business's premises. Having General Liability coverage in place is essential to a business's financial stability.

• Product liability risk arises when a product manufactured or sold by a company causes injury or damage to a third party. For example, if a product used by your establishment harms a client, your business could be held liable for the accident.

• Cyber attacks have become an increasing threat to the personal care industry. With the expanding uses of technology and reliance on online payments, your business is open to data breaches that can expose clients' sensitive information.

• Employee injuries are common due to the nature of the Personal Care & Beauty industry. It’s essential to protect your business and employees from costly medical bills and lost wages by having proper coverages in place.