Risk management

1. How parametric insurance is different from traditional indemnity insurance models? Parametric insurance, also known as index-based insurance, differs fundamentally from traditional indemnity insurance. Instead of reimbursing for the actual…

INTRODUCTION Life is full of risks for example risk is involved in simple things like turning on the gas at home or when dealing with life threatening medical emergency decisions.…

The staid image of the insurance industry is getting a makeover. Gamification, the application of game mechanics like points, rewards, and competitions, is revolutionizing customer engagement and risk management. This…

The digital transformation in India has propelled not only convenience and efficiency but also an increase in cyber security risks. The rising instances of cyber threats, such as data breaches…

Q1. What are the top five risk in your Organization? External Market (perception risk) –Credit / Liquidity Crisis Impacting one of the JV Shareholder – creating negative perception – hopefully…

Introduction Though risk management and its application in the corporate world are new, its essence is very old.  One must remember that risk is always about the future and future…

Abstract: Digital revolution is disrupting every sphere of life. While the technological progress is empowering the society, but there are risk & uncertainties that accompany such digital advancements. Cyber-attacks &…

Introduction This write-up draws up a parallel between the medical profession and risk management profession. Both doctors and risk management professional perform their duties in treatment of patient/risk. The doctors…

Where there is risk, there is Insurance. As the world becomes more complex and interconnected, incremental change is giving way to the instability of feedback loops, threshold effects and cascading…

ABSTRACT With the growth in the world demand and the economic situations, mining industry has also seen major technological and managerial developments. New industrial methods and techniques; also use of…