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The Importance of Risk Assessment in Business

Strategy Driven

Risks are part and parcel of everyday life. You might not realize you’re doing it, but you assess risks throughout your normal day. To safeguard your business as much as possible, a risk management plan is vital. Many of the risks a company faces can cost your organization money or result in it closing permanently.

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How the Insurance Industry Can Push Us to Prepare for Climate Change

Harvard Business Review

But we now see insurers exploiting geographically refined data to more precisely estimate land parcel risk. Aviva Insurance uses detailed topographical data to assess varying flood risks for coastal houses, such as those at the tops of hills versus houses at lower elevations.

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14 Principles that Made Amazon

Skip Prichard

Steve Anderson spent his career in the insurance industry focused on risk and business growth. He is a leading authority on insurance, risk management, technology, and innovation. Failure comes part and parcel with invention” (Bezos 2013 letter). Fortunately, Bezos gave you his plan, if you just know where to look.

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