Terms starting with R
Regulatory compliance refers to the adherence of a business or organization to laws, regulations, guidelines, and specifications relevant to its operations. This term may refer to the processes and practices...
The right of publicity is a legal concept that protects individuals' control over the commercial use of their name, image, likeness, or other aspects of their identity. The definition of...
Reputation management is a critical aspect of modern business strategy that focuses on shaping and influencing public perception of an individual, organization, or brand. The definition of reputation management encompasses...
Risk Retention Group may refer to a state-chartered insurance company that allows members who engage in similar or related business activities to retain and manage risks by pooling their resources....
Residual Business Risk refers to the exposure to uncertainty that remains after all known risks have been accounted for, mitigated, or hedged. This type of risk is inherent in the...
Regulatory Compliance Liability refers to the legal obligations and potential legal consequences faced by businesses and organizations when they fail to adhere to laws, regulations, and standards applicable to their...
Ransomware Protection is a critical component in cybersecurity, designed to prevent ransomware attacks, which involve malicious software that encrypts a user's files or locks them out of their device, demanding...
Remediation Workflows refer to structured processes and sets of actions designed to address and resolve vulnerabilities, compliance issues, or any identified problems within an organization's IT environment, operations, or security...
Risk Assessment, at its core, is a systematic process used to identify, analyze, and evaluate the potential risks that could negatively impact an organization's capital and earnings. The definition of...
Reasonable Prospects of Success may refer to a concept in insurance that is used to determine whether or not a claim is worth pursuing. This concept is used to determine...
Risk Retention may refer to a risk management strategy that involves a party assuming the responsibility for a certain level of risk or losses. This term may also refer to...
Risk Transfer, in a broad sense, may refer to the process of shifting risk from one party to another. Risk transfer is a mechanism used to allocate the risk of...
The Reasonable Expectations Doctrine, also known as the Reasonable Expectation Doctrine, may refer to a legal principle that is used in insurance law. It is based on the notion that...
Regulatory Proceedings may refer to legal, administrative, or disciplinary proceedings conducted by a regulatory body, such as a government agency, to enforce laws, regulations, and standards for an industry or...
In the realm of insurance and employee compensation, the term "Required Benefits" may refer to a set of essential services, treatments, or coverage that an insurance provider or employer must...
Retention may refer to a variety of insurance-related concepts, but in the context of Directors & Officers (D&O) insurance, it simply means the amount of risk that the policyholder agrees...
Within the realm of Directors and Officers (D&O) insurance, the term "rescindable" plays a pivotal role in determining the stability and reliability of coverage for policyholders. When a D&O policy...
Reputational Harm may refer to any type of damage that negatively affects the reputation or image of an individual, business, or organization. It is a form of intangible damage caused...
The term "Indemnification" may refer to the legal protection of a person or organization against claims or losses that arise as a result of the actions of another. In the...
In insurance, the word retention is always related to how a company handles its business risk. When you ‘retain’ risk, it usually means you’re not insuring it. The common alternative...
Retention insurance, in the realm of commercial insurance, refers to a risk management strategy where a business assumes a predetermined level of risk by self-insuring a portion of potential losses...
Redlining insurance, in the realm of commercial insurance, refers to the practice of unfairly denying or limiting insurance coverage based on geographic location, typically due to discriminatory factors such as...