How to Respond to Risk: Avoid, Reduce, Transfer or Accept

The four responses to risk, explained with examples from insurance to a person crossing a busy road, and how responses appear in the risk register.

7 min video · Module: Module 3: Risk Management · ₹99 / $0.99 · 2 views within 7 days

Included with this video

• A 1-question quiz, unlocked after you watch the video

Put it into practice

• Insurable Risk and Legal Affairs: Risk and Control Matrix (Excel) (Risk Control Matrix, XLSX)

Previous: How to Conduct a Risk Assessment and Prepare a Risk Register
Next: How to Link Risks to Controls: The Risk and Control Matrix (RCM)

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