Life insurance is a particularly effective risk management tool for Filipinos, given the unique socioeconomic challenges and cultural values that characterize the Philippines. Here are several reasons that illustrate why life insurance is especially important for Filipino families. In the Philippines, there is a strong cultural emphasis on family and community support. It is common for a single income earner to support multiple family members, including children, spouses and often extended family such as parents and siblings. Life insurance ens ...
For business risks, see Risk analysis (business). For the magazine, see Risk Management (magazine). "Risk Analysis" redirects here. For the academic journal, see Risk Analysis (journal)...
Written by: Linda B. Bolido · There remains a common perspective that security primarily entails the presence of uniformed personnel patrolling establishments, verifying credentials and identities, and employing tools such as metal detectors to deter and prevent misconduct. But in this digital era, threats manifest in both physical and virtual forms. Individuals with malicious motives can orchestrate mischief from a distance, emphasizing the evolving challenges of modern security. Annex Digital, Inc. (ADI), a leading system integrator in the c ...
The Bangko Sentral ng Pilipinas (BSP) and the Japan International Cooperation Agency (Jica) have jointly launched the Credit Risk Database Scoring Model to help lenders better assess the creditworthiness of small and medium enterprise borrowers, including those without credit history or adequate collateral. According to BSP Governor Felipe Medalla, this latest tool for banks was intended to bridge the funding gap for micro, small and medium enterprises (MSMEs) while enhancing the credit risk management of financial institutions using a data-dri ...
There’s an element of risk to running any business, but with risk management software, you can minimize potential threats. Software can help you no...
Increase efficiency ; Ensure business process compliance ; Improved customer satisfaction
Our risk management solutions can help safeguard your business from fraud. From fraud monitoring to chargeback protection, discover our helpful tools here.
When small and medium-sized businesses think of scaling up or expanding their businesses, it is undeniable that the challenges they encounter are quite different from large corporations. This was the topic of my recent talk during the celebration of the Cebu Business Month last May, organized by the Cebu Chamber of Commerce. It was a good opportunity for me to share some of my insights into the current state of medium-sized businesses in the country and my recommendations on essential steps and strategies that may help them scale up. ...
This is our work on price risk management. There are certain tools that can be used as part of a broad marketing strategy to increase returns throughout the season.
Despite the risks implicit in doing business, CEOs and risk management officers can anticipate and prepare, regardless of the size of their business. Key Takeaways Some risks can destroy a...