INSURANCE RISK ASSESSMENT CHECKLIST

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--- PROPERTY RISK ASSESSMENT ---
[ ] Property Address
[ ] Building Age (Years)
[ ] Construction Type (Frame, Masonry, Steel, Concrete, Other)
[ ] Replacement Cost Value ($)
[ ] Potential Hazards (Flood, Fire, Earthquake, Windstorm, Hail, Vandalism)
[ ] Last Fire Safety Inspection Date
[ ] Description of Security Measures

--- LIABILITY RISK ASSESSMENT ---
[ ] Description of Products/Services Offered
[ ] Annual Revenue
[ ] Type of Liability Coverage Needed (General, Product, Professional) (General Liability, Product Liability, Professional Liability (E&O), Other)
[ ] Estimated Annual Claims Exposure ($)
[ ] Potential Liability Risks (Select all that apply) (Premises Liability, Product Defects, Advertising Injury, Personal Injury, Data Breach, Contractual Liability)
[ ] Details on Previous Claims History (if any)
[ ] Date of Last Liability Insurance Renewal

--- BUSINESS INTERRUPTION RISK ---
[ ] Estimated Downtime (Days)
[ ] Potential Revenue Loss Per Day ($)
[ ] Primary Recovery Method (Data Backup & Recovery, Alternate Site, Manual Processes, Other)
[ ] Description of Recovery Procedures
[ ] Last Recovery Drill Performed
[ ] Estimated Time to Resume Operations
[ ] Critical Systems Affected (CRM, ERP, Accounting System, Website, Communication Systems)
[ ] Potential Impact on Customers

--- CYBERSECURITY RISK ASSESSMENT ---
[ ] Number of Employees with Access to Sensitive Data
[ ] Current Cybersecurity Framework Used (e.g., NIST, ISO 27001) (NIST Cybersecurity Framework, ISO 27001, Other)
[ ] Types of Sensitive Data Stored (select all that apply) (Customer Personally Identifiable Information (PII), Financial Records, Proprietary Business Data, Health Records (PHI), Other)
[ ] Last Cybersecurity Training Date
[ ] Summary of Current Firewall Configuration
[ ] Current Endpoint Protection Software (McAfee, Symantec, CrowdStrike, Other)
[ ] Upload Network Diagram (optional)

--- ENVIRONMENTAL RISK ASSESSMENT ---
[ ] Identify Sensitive Environmental Areas (Wetlands, Floodplains, etc.)
[ ] Potential Contaminants Present (Select all that apply) (Hazardous Waste, Asbestos, Lead-Based Paint, PCB's, Mold, Other (Specify in LONG_TEXT))
[ ] Describe Past Environmental Incidents or Issues
[ ] Estimated Distance to Nearest Water Source (in miles)
[ ] Presence of Endangered Species (Yes/No) (Yes, No, Unknown)
[ ] Environmental Site Assessment Reports (if available)
[ ] Date of Last Environmental Inspection

--- EMPLOYEE SAFETY & HEALTH RISK ASSESSMENT ---
[ ] Description of Work Area and Tasks
[ ] Potential Hazards Identified (e.g., slips/trips, noise, chemicals) (Slips, Trips, and Falls, Noise Exposure, Chemical Exposure, Ergonomic Issues, Electrical Hazards, Confined Space Entry, Machine Guarding Issues, Other (Specify in Long Text))
[ ] Noise Level (dB)
[ ] Frequency of Safety Inspections
[ ] PPE Required (e.g., Safety Glasses, Gloves, Respirator) (Safety Glasses, Gloves, Respirator, Hearing Protection, Steel-Toe Boots, Hard Hat, None)
[ ] Date of Last Safety Training
[ ] Description of Corrective Actions Taken/Planned
[ ] Assessor Signature

--- CONTRACTUAL RISK ASSESSMENT ---
[ ] Describe the Contractual Agreement
[ ] Contract Value (USD)
[ ] Contract Type (Service Agreement, Lease Agreement, Sales Contract, Vendor Agreement, Other)
[ ] Potential Risk Areas (Select all that apply) (Indemnification Clauses, Termination Rights, Liability Limitations, Intellectual Property Rights, Confidentiality Obligations)
[ ] Contract Start Date
[ ] Contract End Date
[ ] Summary of Key Risk Provisions

--- REGULATORY COMPLIANCE REVIEW ---
[ ] Last Regulatory Compliance Training Date
[ ] Applicable Regulations (Select All) (GDPR, CCPA, HIPAA, Sarbanes-Oxley (SOX), State-Specific Insurance Laws)
[ ] Summary of Recent Regulatory Changes
[ ] Number of Compliance Violations (Last Year)
[ ] Current Insurance License Status (Active, Inactive, Pending Renewal)
[ ] Proof of Regulatory Compliance (e.g., Certificates)

--- RISK MITIGATION STRATEGIES ---
[ ] Describe Loss Prevention Measures
[ ] Estimated Cost of Mitigation
[ ] Risk Transfer Options (e.g., reinsurance, contracts) (Reinsurance, Contractual Agreements, Risk Sharing, None)
[ ] Implementation Deadline
[ ] Responsibility Assignment (Who implements this mitigation?) (Risk Manager, Operations Team, Legal Department, External Consultant)
[ ] Supporting Documentation (e.g., vendor quotes, plan details)

--- DOCUMENTATION & REPORTING ---
[ ] Risk Assessment Completion Date
[ ] Summary of Key Findings
[ ] Supporting Documentation (e.g., inspection reports)
[ ] Risk Score (Overall)
[ ] Risk Assessment Review Status (Not Reviewed, Approved, Rejected, Requires Revision)
[ ] Reviewer Signature
[ ] Review Date

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