Risk Management
Identifying and analysing potential risk of loss, and taking steps to minimise the financial impact of any loss that may occur.
More Terms
- Policy
- Entitlement
- Declined Risk
- Claims Occurred
- Commission
- Compensation
- Claim Frequency
- Legal Action
- Crisis Containment
- Discretionary Cover
- Excess Layer
- Legal Expenses
- Financial Position
- Insurance Premium Tax
- Claims Made
- Aggregate
- Business Interruption
- PRA
- Crisis Response
- Exclusions
- Run-Off Cover
- Lloyd’s Broker
- Negligent Harm
- Trial