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 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…
1. As per para 1.8 a (A) of Chapter 3 of the Master Circular on IRDAI (Actuarial, Finance and Investment Functions of Insurers) Regulations,2024 insurers are allowed as users with…
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.…
Introduction [caption id="attachment_27956" align="alignleft" width="128"] Dr. Rakesh Agarwal[/caption] In a rapidly evolving world marked by geopolitical uncertainties, technological disruption, climate change, and pandemics, the traditional linear approach to planning and…
A product fails. A supplier collapses. A cyberattack shuts down systems. Regulations change without warning. These aren’t extreme possibilities—they’re everyday realities in today’s business landscape. Despite this, many organizations still…
Every business dreams of scaling new heights. But few prepare for the sudden drops. A fire. A flood. A cyberattack. A pandemic. These aren’t abstract possibilities—they’re real, recurring disruptions that…
As the reality of climate change becomes increasingly undeniable, understanding climate risk and climate resilience has never been more urgent. The world is already witnessing the devastating impacts of climate…
In an age of increasing climate chaos, economic disruption, and digital acceleration, traditional insurance models are showing their cracks. Slow claims processes, subjective loss assessments, and bureaucratic hurdles often leave…
In today’s lightning-fast business landscape, change has become more than just a constant—it’s a disruptive force that reshapes industries in months, sometimes even weeks. What once took decades to evolve…