Ads
related to: risk strategies insurance
Search results
Results From The WOW.Com Content Network
Risk Strategies (officially incorporated as RSC Insurance Brokerage, Inc.) is a private insurance brokerage and risk management advisor. The firm was founded 1997 (27 years ago) in Boston , Massachusetts, by its current chairman, Mike Christian, as a specialty risk management consultancy.
The DeWitt Stern Group was a privately held, New York City-based insurance brokerage and risk advisory firm. National in scope, the firm also has offices in North White Plains NY, Jersey City NJ, Chicago IL, and in two California locations: San Francisco and Glendale. It operated from 1899 until it was acquired in 2014 by Risk Strategies.
By choosing not to participate in high-risk ventures, the avoidance strategy avoids losses but also loses out on possibilities. Last but not least, the reduction approach lowers risks by implementing strategies like insurance, which provides protection for a variety of asset classes and guarantees reimbursement in the event of losses. [27]
Within non-financial corporates, [9] [10] the scope is broadened to overlap enterprise risk management, and financial risk management then addresses risks to the firm's overall strategic objectives. In investment management [ 11 ] risk is managed through diversification and related optimization; while further specific techniques are then ...
This strategy according to Stalling & Brown is the "sharing of responsible for the risk with a third party. This is typically achieved by taking out insurance against the risk occurring, by entering into a contract with another organization, or by using partnership or joint venture structures to share the risk and cost should the threat ...
An insurance-linked security (ILS) is a financial instrument whose value is driven by insurance loss events. Those such instruments that are linked to property losses due to natural catastrophes represent a unique asset class , the return from which is uncorrelated with that of the general financial market .
Ad
related to: risk strategies insurance