5. PERSONAL RISK
MANAGEMENT
Usually
management of risk is
made to property or
business but not for
individual. Risk
management may be
very useful for personal
situation
6. Factors promoting change
An increase awareness of the
importance of truly professional
client service rather the pure
sales
The growing AIDS problem
which is of such proportions
that is needs to be managed
rather than just insured against
Increased acceptance of social
responsibilities towards
individuals and groups of
individuals on the part of
business and society as a
whole
Ongoing pressures on business
to produce bottom line profits
and hence to manage cost and
productivity in the work place
7. The ongoing increases
in the medical costs and
the growth of the health
insurance market
Improved knowledge on
medicine and
preventive health
treatment and health
management
Increase investment
uncertainty in the fast
changing and complex
environment
