Third-party risk management (TPRM) is an essential practice for any organization that works with other businesses or workers besides their own hires.

Insurance verification is an element of third-party risk management, aiming to ensure that everyone connected to your property holds insurance coverage to protect it.

Learn the importance of COI tracking in real estate and how COI software can enhance safety and efficiency in property management operations.

The six types of risk in third-party management are operational, financial, reputational, compliance, strategic, and information security risks.

Mitigate third-party risk in property management with this framework: assess risks, establish strong contracts, and conduct regular audits to ensure compliance.

Learn a systematic risk mitigation approach: identify, assess, plan, and monitor risks to effectively manage threats and ensure project success.

Pre-project planning and risk management in construction are essential to ensuring that a project gets completed successfully.

Third-party risk in construction refers to the legal and financial responsibility that could arise when external parties cause damages or injuries while on the job.

Third-party risk in construction refers to the legal and financial responsibility that could arise when external parties cause damages or injuries while on the job.

Once you’ve identified some of the potential risks that might arise in the future, you can take the necessary steps to implement targeted risk mitigation strategies.