For 40+ years, Principles of Risk Management and Insurance has prepared generations of field practitioners. It provides a comprehensive analysis of the major risks confronting individuals, families and businesses, as well as the insurance solutions in place to address these risks. With a primary focus on the consumer, the authors make the content applicable to a variety of business disciplines, drawing connections between your courses.
The 15th Edition focuses on post-pandemic changes impacting risk, from supply chain issues and climate change to social inflation and hybrid work. The authors discuss how new risk factors, along with social reforms and AI-led innovations, are changing policies and operations across the insurance industry.