by TheBusinessProfessor | Feb 23, 2025 | Insurance & Risk Management
What is insurance? Insurance is a risk management and mitigation relationship between an insurer and the insured party. The primary participants and characteristics of the relationship are as follows: Insured – The insured allocates the contingent risk of loss...
by TheBusinessProfessor | Feb 23, 2025 | Insurance & Risk Management
[cite] Back To: INSURANCE & RISK MANAGEMENT What is Forecasting? Forecasting makes informed predictions about future occurrences based on historical data. In business, these predictions regard future trends in a specific market, industry, or economy. Forecasting...
by TheBusinessProfessor | Feb 23, 2025 | Insurance & Risk Management
[cite] [arve url=”https://youtu.be/cdu_m08YxRk” title=”What is an Insurance Contract or Insurance Policy?” description=”This video explains what is an Insurance Contract or Insurance Policy?” /] Next Article: What is an Insurable...
by TheBusinessProfessor | Feb 23, 2025 | Insurance & Risk Management
[cite] [arve url=”https://youtu.be/05yRQy0DFSw” title=”Characteristics of Health Insurance Plans” description=”This video explains some of the common characteristics of Health Insurance Plans. ” /] Next Article: What is Disability...
by TheBusinessProfessor | Feb 23, 2025 | Insurance & Risk Management
[cite] [arve url=”https://youtu.be/paC33jHGO40″ title=”What is an Insurable Interest?” description=”This video explains what is an Insurable Interest. ” /] Next Article: Common Characterizations of Insurance Back to: INSURANCE LAW...
by TheBusinessProfessor | Feb 23, 2025 | Insurance & Risk Management
[cite] [arve url=”https://youtu.be/U5Xq3WYUplo” title=”Common Categories of Insurance” description=”This video explains some of the Common Categories of Insurance. ” /] Next Article: What is Automobile Insurance? Back to: INSURANCE...
