IDEAS home Printed from https://ideas.repec.org/a/vrs/poicbe/v18y2024i1p3749-3758n1050.html
   My bibliography  Save this article

Navigating Risk: Strategies for Managing High-Risk Clients in the Insurance Industry

Author

Listed:
  • Vriscu Mihai

    (Bucharest University of Economic Studies)

Abstract

The insurance sector’s long-term success depends heavily on effective risk assessment and management. This study explores the complexities of risk profiling within the insurance industry, focusing on identifying and managing high-risk clients. By examining various methodologies and factors influencing risk, this research highlights the challenges in evaluating high-risk clients and proposes strategies for effective risk management. Accurate risk profiling is essential for insurers and policyholders, aiming to enhance resilience and stability within insurance operations.

Suggested Citation

  • Vriscu Mihai, 2024. "Navigating Risk: Strategies for Managing High-Risk Clients in the Insurance Industry," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 18(1), pages 3749-3758.
    • Handle: RePEc:vrs:poicbe:v:18:y:2024:i:1:p:3749-3758:n:1050
    DOI: 10.2478/picbe-2024-0305
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/picbe-2024-0305
    Download Restriction: no
    File URL: https://libkey.io/10.2478/picbe-2024-0305?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:poicbe:v:18:y:2024:i:1:p:3749-3758:n:1050. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.