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Utility Risk Management Corporation provides risk management services to utility companies in North America. It offers asset and threat identification; asset and workforce management, and vegetation mitigation management; and asset optimization services.
Definition: In the world of finance, risk management refers to the practice of identifying potential risks in advance, analyzing them and taking precautionary steps to reduce/curb the risk. Description: When an entity makes an investment decision, it exposes itself to a number of financial risks.weet. Risk management refers to the practice of identifying potential risks in advance, analyzing them and taking precautionary steps to reduce/curb the risk.