In today’s global economy, not every risk requires insurance. However, risk management becomes important to keep risks from getting out of control. Therefore, the concept of Risk Management not only becomes important in developing strategies to manage risk but also plays a vital role in addressing risk identification, quantification, and treatment in the absence of the insurance mechanism. The scope of risk management is broad, but can be partitioned into selected areas. At CRC, we break down our “other services” into two areas - General Risk Management and Supply Chain Risk Management.