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Factors that increase Key Person Risk
Management of Key Person Risk is crucial for any business.
knowledge
We have all worked with that one person who knows everything about the business. But, this knowledge is stored in their head. KPRS have supported these key people by providing them with an “understudy” who learns every aspect of their role. This provides them with support to enable them to take leave, to cover them in the event of illness and most importantly, provide a solution for the business to retain this knowledge in the business in the event that they leave the business. Our KPRS crew are currently providing this “understudy” role to multiple clients, protecting them in the event that these key people leave the business.