Book : Risk management and marketing strategy in insurance companies within the framework of financial engineering and the financial adequacy system - reality and challenges Author : Hussein Salim Hussein Al-Maghrabi Release year : 2023 Specialization : Investment and financing Publishing House : University Thought House profile : Regardless of the type of risk management, all major companies as well as groups and small companies have a dedicated risk management team. While risk management is used to avoid losses as much as possible, business continuity planning was found to address the consequences of the remaining risks. Its importance lies in the fact that some accidents that are not likely to occur may actually occur if there is sufficient time for them to occur. Risk management and business continuity planning are two linked processes that cannot be separated. The risk management process provides a lot of inputs to the business continuity planning process, such as: assets, impact assessment, estimated cost ... etc. Therefore, risk management covers large areas important to the business continuity planning process, which goes beyond the risk management process in dealing with risks.
