“Insurance is Not Risk Management! The Insurance Professional’s Basic Guide to Risk Management and Insurance.” Is “risk” the enemy or is it necessary? What is risk management? How does insurance fit into the concept of risk management? This book defines risk, discusses the theory of risk management, details the risk management process, and delves into insurance and its rightful place within risk management. Included in this book is a discussion of insurance regulation, legal liability theories, and the premium audit process and rules. All experience levels can benefit from the concepts discussed in this book.
