Risk Management & Insurance for Churches

Community, News

“Recently, Mike Herzak, President, and his son, Dan Herzak, VP, were invited to speak at the 2019 Serbian Orthodox Sabor in Chicago, IL.  The talk centered around best practices for risk management and insurance for churches. 

Unlike insurance, risk management is the process of identifying risks, assessing the potential impact of the risk, and determining how best to control the risk. The discussion focused on topics such as property & casualty risks typically found within Orthodox churches, what churches can do on a local level to improve their own risk management, how to reduce the risk of sexual abuse, as well as recommended insurance coverage each parish should carry.

The presentation was welcomed by the clergy and laity with numerous questions and lively discussion.”