In a fast-changing world filled with uncertainty, understanding the key differences between crisis management vs risk management is essential for professionals and businesses alike. These two disciplines may sound similar,…
Introduction Disruption can strike at any time—natural disasters, cyberattacks, supply chain breakdowns, or global pandemics. In today’s volatile world, it’s no longer a matter of if but when. That’s why…
Introduction Every effective risk management strategy starts with a simple yet powerful tool: the risk register. Whether you're running a small project or managing enterprise-wide operations, a well-crafted risk register…
Introduction Risk is an unavoidable reality in every organization—but how we manage that risk makes all the difference. In a world where uncertainty can impact performance, strategy, and reputation, global…
Introduction Once risks are identified, the next step in the risk management journey is to assess and prioritize them. Without proper evaluation, businesses risk focusing on the wrong threats—or spreading…
Introduction Risk management begins with one of its most vital components—risk identification. Before a business can manage or mitigate threats, it must first recognize and understand them. Risk identification is…
Recently Union Home and Cooperation Minister Amit Shah announced that India's cooperative sector will soon have its own dedicated insurance company. This initiative aligns with the Centre’s broader strategy to…
As the insurance and risk management industry undergoes profound transformation—driven by regulatory reforms, technological advancements, climate risks, and evolving customer expectations—the need for Continuous Professional Development (CPD) has never been…
Understanding the Concept of Risk What is Risk in Business and Projects? Risk is essentially the possibility of an undesirable event or outcome that can impact goals, operations, or resources.…
[caption id="attachment_27959" align="alignleft" width="161"] Dr Kavindra Kumar Singh[/caption] The insurance industry is undergoing an essential transformation driven by insurtech- an emerging sector that integrates technology with traditional insurance models. With…