Page 3 - Insurance Glossary 100 Terms - Sashi Publications
P. 3
Beneficiary: The person who receives the
insurance benefit in case of a claim.
Black Swan Event: A rare and unpredictable
event with severe consequences.
Bow-Tie Analysis: A visual risk assessment
method that links causes and consequences
of risk events.
Business Continuity: Planning and
preparation to ensure that a company can
continue to operate in case of serious
incidents.
