Insurance TermsWhat Does ERM Means In Insurance?Zafrullah LaminaNovember 17, 20221.16KERM requires corporations to assess all risks and decide which ones they will actively manage; however, it also allows top...read more
Insurance TermsImportance Of Risk Management In InsuranceZafrullah LaminaNovember 7, 20223.86KRisk management in insurance involves analyzing and quantifying the changes and associated financial impacts of events occurring in a customer's...read more
Insurance TermsDoes Insurance Transfer The Risk?Zafrullah LaminaSeptember 27, 20221.53KInsurance companies do not transfer risks for numerous reasons. First, let's talk about what transfer of risk is and how...read more