The Unirisk Concept ince the middle of the 70-ties Unirisk has advocated the systematics in dealing with risks. This systematic approach has been built into the Unirisk logo consisting of 5 separate modules where the ones in the middle are operative e.g. based on risk analysis one will create data in order to be able to deal with loss control issues and consequently be able to finance risk in an intelligent way. Risk analysis Risk Control Risk Financing will work at its best if there is a policy or mission statement at hand and resources available to carry out the work e.g. risk management administration. Risk Management policy expresses the target for staff and RM function. RM administration deals with administrative matters to measure Cost of Risk.
Risk analysis is the quantification of risks.
Single Occurrence Loss. Risk financing is the necessary or available means for financing residual risk.