Self Insurance

From BCMpedia. A Wiki Glossary for Business Continuity Management (BCM) and Disaster Recovery (DR).
Jump to navigation Jump to search
1. Coming soon.

(Source: Business Continuity Management Institute - BCM Institute)

2. The pre-planned assumption of risk in which a decision is made to bear loses that could result from a Business Continuity event rather than purchasing insurance to cover those potential losses.

(Source: Business Continuity Institute - BCI)

(Source: ENISA - the European Network and Information Security Agency. BCM & Resilience Glossary)