What is the risk control ahead?

Risk control is ahead of hidden dangers. The complete statement is "put safety risk management and control in front of hidden dangers and put hidden dangers in front of accidents".

Risk management and control means that risk managers take various measures and methods to reduce the possibility of risk events or reduce the losses caused by risk events. The four basic methods of risk control are: risk avoidance, loss control, risk transfer and risk retention.

Risk transfer:

Risk transfer refers to the act of transferring the transferor's risk to the transferee through the contract. The risk transfer process can sometimes greatly reduce the risk of economic entities. The main forms of risk transfer are contract and insurance.

(1) Contract transfer. By signing a contract, some or all risks can be transferred to one or more other participants.

(2) insurance transfer. Insurance is the most widely used risk transfer party to help enterprise risk managers eliminate or reduce the occurrence of risk events.

Refer to the above content: Baidu Encyclopedia-Risk Management and Control