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2) You are an insurance manager, and you are required to conduct a risk management assessment. Discuss the function of insurance in managing risks. Identify

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2) You are an insurance manager, and you are required to conduct a risk management assessment. Discuss the function of insurance in managing risks. Identify in your assessment the classifications of risks in insurance and the primary and secondary functions of insurance. Make recommendations to the board of how you can mitigate these risks in insurance. Worth 20 marks

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