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BUSINESS INFORMATION SHEETS > INSURANCE > Minimising insurance risks (IN 3)

Preventing disaster

All businesses face a wide range of risks, some more threatening to a company's future than others. In most cases you can either reduce these risks to an acceptable level, or eliminate them completely.

Insurance should be seen as no more than a back-up to the 'risk management' process.

This briefing tells you:

  • What risk prevention you are required to carry out by law.
  • How to identify the risks your business faces.
  • The most common causes of loss or damage, and how to prevent them.
  • How taking preventative action will affect your insurance policies.

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