Hazard Risk

Hazard risk refers to pure risks—those that result in either loss or no loss, with no opportunity for gain. These risks are often associated with harm, damage, or disruption, and are commonly insurable. In this foundational course, you’ll explore the core concept of hazard risk and gain a practical understanding of its four key sub-categories: property risk, liability risk, personnel risk, and net income (or business interruption) risk.

Designed for professionals involved in risk management or business operations, this session offers a clear framework for identifying, assessing, and responding to hazard risks. By the end, you’ll be better equipped to recognize these risks and understand how they impact organizational stability and continuity.