Friday, December 21, 2012

Billion Dollar Santa

If you've ever seen Elf or the Rudoph movie, you know that Santa's workshop isn't exactly a state-of-the-art manufacturing facility. Nevertheless, he and his hard-working assistants do face some daunting challenges, not the least of which include reindeer and elf injuries, potential mid-air collisions, and more.

According to risk management biggie Lockton, the big red guy will need "about $1.2 million to pay for insurance coverage.That will buy him peace of mind and about $1.175 billion in coverage for all of the exposures his workshop faces in the making and delivery of toys to children around the world."

Click on through to see all the other exposures the big guy may need to address.

[Hat Tip: FoIB Julie Ferguson]
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