Whatis.com defines Risk management as the process of identifying, assessing and controlling threats to an organization’s capital and earnings. These threats, or risks, could stem from a wide variety of sources, including financial uncertainty, legal liabilities, strategic management errors, accidents and natural disasters.
Why Conduct Risk Surveys?
Risk surveys are carried out periodically on clients’ premises to ensure they are not inadvertently contravening any conditions of their policies. These surveys also ensure Insurance’s are kept under constant review, and loss prevention recommendations are up to date.