Compliance with regulations prevents legal penalties and boosts credibility. Risk management and insurance are crucial for financial planning, safeguarding against unforeseen events. The process begins with identifying and assessing potential risks, analyzing vulnerabilities, and prioritizing efforts based on likelihood and impact. Effective strategies combine preventative measures an... https://www.insurancebusinessreview.com/news/fundamentals-of-risk-management-and-insurance-nwid-467.html