Basics Of Risk Management

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Risk management is the culmination of all the risk sciences: underwriting, medical and scientific studies, engineering, pre- and post-loss control, loss financing, contractual transfer and similar factors that assist in the management of pure risk. This course will explain the basics of risk that must be assessed and managed by anyone in the risk science arena, from data management and interpretation to law. Understanding the basics of risk management is a process separate and apart from related fields such as insurance policy management or claim adjusting, but they are a major part of the risk management process.