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Identify at least four common risk exposures encountered by riskmanagers
Expert Answer
Risk exposures-
- Physical Security Risk- This risk can occur due to anyaccident/ injury/ hazard/ abduction/ terrorism/ burglary etc. kindof activities in the office or factory/ warehouse premises. Eventhough security cameras, electronic surveillance measures areavailable to prevent it, but still incidents can happen in dailylife. Proper action teams are always prepared to prevent andencounter any such accidents. Such risk can convert into huge humanand financial loss for any kind of size of the company.
- Natural Disaster- Floods/ Earthquakes/ Volcano eruptions,Twisters/ Hurricanes come under this category, which can spare nocompany
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