Tags
Business, Insurance, Management, Management consulting, Program management, Risk management, Risk Management Program
It is important for insurance companies to develop an effective risk-management program and opt for tailored risk solutions so they are able to handle crisis situations with ease. Claims, underwriting and loss prevention all need to work together, therefore, having someone who can implement loss prevention techniques specific to an industry and work closely with a claims team to aggressively manage claims after they occur will helps minimize the loss. Thus, the requirement of a Risk Management Program is essential for insurance program managers. Continue reading