Risky Business: Risk Management and Insurance

Many things in life — driving a car, traveling, buying a home, growing crops, starting a business, even choosing where to live — carry an element of risk. And although not every risk is insurable, insurance products exist to help mitigate and protect against uncertainty and the potential for loss, injury, or damage from many of the common and not-so-common risks we take as individuals and as businesses. As part of the risk management process, we routinely buy insurance for everything from our cars and homes to our health and lives. Beyond the cost of our premiums, most of us will never give insurance much thought until we find ourselves in the unfortunate position of having to make a claim against a policy. And, when it comes to thinking about a career, insurance and the wider risk management industry may seem like a dependable, but perhaps boring, option. Think again.

As a graduate of Troy University’s risk management and insurance (RMI)…

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