Applying Systems Engineering Methods to Risk Management and Insurance Planning

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Applying Systems Engineering Methods to Risk Management and Insurance Planning

Systems engineering is well suited for solving risk management and insurance planning problems for clients. All of the mechanisms and processes used to develop complex engineering solutions, whether it developing and software solution for a business to improve operations and gain an edge over the competition, to designing and building spacecraft to explore the planets or carry people into space, can be used to design optimal insurance solutions for clients that eliminate pain points in their lives and businesses. In this article, I present an accepted systems engineering approach used to craft systems and repurposed it for developing risk management and insurance solutions for clients.

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