Industrial Enterprise: Role of Risk Surveys in Loss Prevention

06/2012

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The risk prevention plan drafted after risk surveys is a fundamental tool of loss prevention as it identifies risk areas and suggests risk mitigation measures. it enables a company to react effectively and rapidly in the event of an emergency thereby reducing damages. Although risk prevention plan does not eliminate all risks that cause damages, it helps to highlight critical issues that impact on an organization.

 

  • Mr. Hassane Assoumana

The African Reinsurer, 26th Edition, p 18-22

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