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How do you think risk transfer options may change

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Reference no: EM133050668

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1. Operational risk is defined as the risk of direct or indirect loss resulting from inadequate or failed internal processes, people, and systems, or from external events. How is COVID-19 an operational risk event for Universities?

2. Over the last 8 weeks, we have often discussed the management of uninsurable risks (or risks with limited insurance options available). What options does that leave organisations (e.g. universities, companies, government organisations) who had identified this risk as being material?

3. How do you think risk transfer options may change following the coming years as a result of COVID-19? Who will provide this insurance? and what will be the biggest challenges?

Reference no: EM133050668

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