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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 of 'Risk Management'. The process of identification, analysis and either acceptance or mitigation of uncertainty in investment decision-making.REAKING DOWN 'Risk Management'. Simply put, risk management is a two-step process-determining what risks exist in an investment and then handling those risks in a way best-suited to your investment objectives.