MITX Special Event: Employee Related Risks Exposures - Best Practices for Businesses to Mitigate the Risk
Dates: May 28, 2009
Times: 8:00 AM - 10:00 AM
Location: UK Trade & Investment, 1 Memorial Drive, Suite 1500, Cambridge MA
Event Type: MITX Event
Event Sponsor:

Description:

MITX Special Event: When Bad Times Motivate Good People to Do Bad Things - Ways for Businesses to Mitigate the Risk

Moderator:  Andrew Gregory - Thomas Gregory Associates Insurance Agency

Panelists:
  Fionuala Dullea - The Travelers Insurance Company; Peter Moldave - Gesmer Updegrove LLP; David Richards - Costantino Richards Rizzo LLP; Katherine Zalios-Wood - The Travelers Insurance Company
 
Business leaders continuously strategize on how to stay lean, maximize profits and minimize losses in order to grow and be profitable.  Throw a severe recession into the mix and a difficult job becomes exponentially more difficult.  Furthermore, a recession can be the catalyst for employee-related losses that can adversely affect a company's bottom line.

Employees are the lifeblood of any business, but in tough economic times they can become a liability.  Employee theft and computer fraud, as well as theft of IP and trade secrets, become more tempting when times are tough.  When employees have access to client's finances or sensitive materials, it can present a moral hazard that could result in lawsuits against your company. Additionally, layoffs caused by a recession can spawn wrongful termination and other employment related claims, such as sexual harassment and discrimination.  These risk hazards present peril not only to your company and its assets, but to management and directors on a personal level as well.

Join us for a discussion about employee related risk exposures that are exacerbated by the current recession.  Discussions will include risk management, implementing internal controls to avoid employee theft, employment contracts, human resources, intellectual property/trade secrets management, and insurance strategies to address these risk exposures.

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Fees: Members: free Non-members: free
Registration: Deadline: May 27, 2009 at 12:00 PM