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What is Risk Management?
There is an increased realization across the spectrum for individuals and businesses on how unlikely scenarios can play out causing unprecedented disruption. These risks stem from a variety of sources including nature of operations, technology issues, strategic management errors, accidents and natural disasters and can have crippling effect on the business due to financial uncertainties, legal liabilities, etc. Risk management is a systematic approach to identify, assess and mitigate these risks.
Why Value-Added Services?
We have always believed that it is important to go beyond insurance and partner out clients in their risk management efforts. As an insurer, we need to work hand in hand with customers to develop best in class risk management and mitigation practices. Understanding of risk is fundamental to our business. Today, we have made it a key component of our decision-making process and identified ways to view the risk landscape qualitatively and quantitatively. We created a risk management cell that focuses on technical engagement with clients
