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Aviation Management
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Insurance & Risk
Investment Management
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Insurance & Risk Management  

Insurance management is a general term used to describe an insurance services firm which provides insurance product on a specific sector of the market, such as businesses or individuals. Insurance is the most commonly encountered mechanism of Managing risk. Insurance is a form of risk management primarily used against the risk of a loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for a premium, and can be thought of as a guaranteed small loss to prevent a large, possibly devastating loss.

Risk Management is a central part of any organization’s strategic management. It is the process whereby organizations methodically address the risks to their activities with the goal of achieving sustained benefits identification, analysis and either acceptance of uncertainty in investment decision-making. Essentially, risk management occurs anytime an investor, attempts to quantify the potential for losses in an investment takes the appropriate action on their investment. Risk management is a two-step process determining what risks exist in an investment and then handling those risks in a way best-suited to your investment objective. Risk management occurs everywhere in the financial world.

Specialty areas of Insurance & Risk Management

1. Aviation Insurance.

2. Health Insurance.

3. Liability Insurance.

4. Life Insurance.

5. Property Insurance.

6. Accident Insurance.

7. Enterprise risk management.

8. Risk management activities as applied to project management.

9. Risk management for megaprojects.

10.Risk management regarding natural disasters.

11.Risk management of information technology.

12.Risk management techniques in petroleum and natural gas



Insurance and Risk Management graduates are employed in Insurance Companies, insurance firms, government companies such as Postal Life Insurance, General Insurance Corporation (GIC) and Life Insurance Corporation of India (LIC). Risk management and insurance find a variety of career opportunities open to them as risk analysts within the business community, as agents providing professional risk management counseling and market placement services for clients, as consultants and personal financial planners, and in the underwriting, marketing, claims adjusting, planning, governmental relations and financial management activities of insurers.

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