While still (and understandably) approaching risk from a discernibly insurance -centric perspective, it’s refreshing to see our colleagues at the Insurance Bureau of Canada embracing a more holistic approach to Risk Management.
As I wrote in a previous article, Risk Management is NOT insurance. It remains, however, a vitally important risk financing tool. Along with other strategies, it can mitigate the negative effects of a loss by paying for many of the associated costs, and keeping you in business. Continue reading “Insurance Bureau of Canada embraces Risk Management”