What is Risk Mitigation?
What is risk mitigation?
Mitigating risk is a tremendously important concept. Entire industries, such as insurance, preventative healthcare, and investigations are founded on the notion of risk mitigation. When you hear the term, though, do you know exactly what it means? Sometimes also called risk reduction, it refers to a systematic reduction in the extent of exposure to a risk and/or the likelihood of its occurrence. At Alliance Risk Group, it’s our job to help our process service, background check, and investigative clients mitigate their risk by doing our due diligence and providing the utmost in timely, actionable intelligence.