Insurance
The term risk management refers to a plan based business that is targeted towards identifying, assessing and prioritizing of the risk of different kinds, that may interfere or that may affect an individual or organization in an unwanted way. Therefore, once the individual or the organization identifies the risk to which they are exposed, they follow a suitable risk management plan to minimize the impact of such unwanted events from their life.
Importance of Risk Management
Important to note, be it an individual or an entity, everyone is more or less exposed to some sort of risk owing to dynamic nature of our ...
