Global “Corporate Risk” and How It Affects Us All

<p>Using various tools reliant on data, individuals and businesses strive daily to make decisions which mitigate risk as best as they can. One of such common place tools is&nbsp;<a href="https://en.m.wikipedia.org/wiki/Insurance" rel="noopener ugc nofollow" target="_blank">Insurance</a>.</p> <p>The concept of insurance is based on shared risk protection and this &ldquo;protective cushion&rdquo;, spread across a pool of individuals or entities, in the event of loss, the pool would have secured safety for the &ldquo;one or few&rdquo;. This protective&nbsp;<a href="https://www.forbes.com/sites/rebeccabagley/2012/02/09/the-cluster-effect/amp/" rel="noopener ugc nofollow" target="_blank"><em>cluster effect</em></a><em>&nbsp;</em>helps society to forge stronger projections of the future. Sadly, insurance does not provide a financial cushion from losses caused by &ldquo;<em>acts of God</em>&rdquo; (storms, lightning strikes, hurricanes, etc.), acts which man seemingly has no control over.</p> <p><a href="https://medium.com/bouncin-and-behavin-academy/global-corporate-risk-and-how-it-affects-us-all-8e0253b1f406"><strong>Read More</strong></a></p>
Tags: Corporate Risk