Risk is the exposure to the chance of injury or loss.
Individuals, companies and governments manage risk through services and products such as insurance, investments, and stocks and shares. Balancing these portfolios is an issue of some significance. The challenge is to improve the ability to capture, add value to, store, retrieve and transmit information to support and enhance risk management strategies. Opportunities lie in differentiation of services based on the needs of individual customers. Accurate assessment of risk is crucial in finance, insurance and tourism.