How to Offload Your Risk to a Third Party
MHA Consulting
FEBRUARY 9, 2023
There are two main types of risk transference: 1) buying insurance and 2) hiring a third-party vendor to perform an activity and passing on to them the risks associated with that activity. There’s been a tremendous increase in outsourcing over the past several years. Both can bring benefits but both have potential pitfalls.
Let's personalize your content