Insurance Risk Mitigation: Case Study
Insurance Risk Mitigation: Case Study
People face different kinds of risks in their personal lives and in the communities where they live. Being aware of one’s level of risk exposure and taking concrete steps to mitigate the risks and associated liabilities can help people protect their lives and properties. Most risks are manageable and the resulting losses avoidable if the right measures are taken. From the case study, it is clear that Mr. Arkanfarkar and his family are exposed to several types of personal and commercial risks. This report presents a strategy for managing the personal exposures of ...