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PRIMARY CONTACTS
MODERN INVESTIGATIVE SOLUTIONS
P.O. BOX 4442
EIGHT MILE PLAINS QLD 4113
Telephone: +61 7 3123 6939 Fax: +61 7 3123 6940
Modern Investigative Solutions Privacy Policy | Terms Of Use

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MODERN INVESTIGATIVE SOLUTIONS PROVIDES AN ACCURATE AND IN-DEPTH ANSWER ON HOW TO ACHIEVE THE BEST IN RISK MANAGEMENT AND PROTECTION.
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RISK MANAGEMENT IS THE PRACTICE OF SYSTEMATICALLY SELECTING COST EFFECTIVE APPROACHES FOR MINIMISING THE EFFECT OF THREAT REALIZATION TO THE ORGANIZATION. ALL RISKS CAN NEVER BE FULLY AVOIDED OR MITIGATED SIMPLY BECAUSE OF FINANCIAL AND PRACTICAL LIMITATIONS. THEREFORE ALL ORGANIZATIONS HAVE TO ACCEPT SOME LEVEL OF RESIDUAL RISKS.
MODERN INVESTIGATIVE SOLUTIONS STRIVES TO REDUCE THESE RESIDUAL RISKS TO AN ABSOLUTE MINIMUM.
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AVOIDANCE
INCLUDES NOT PERFORMING AN ACTIVITY THAT COULD CARRY RISK.
REDUCTION
INVOLVES METHODS THAT REDUCE THE SEVERITY OF THE LOSS.
RETENTION
INVOLVES ACCEPTING THE LOSS WHEN IT OCCURS. TRUE SELF INSURANCE FALLS IN THIS CATEGORY.
TRANSFER
MEANS CAUSING ANOTHER PARTY TO ACCEPT THE RISK, TYPICALLY BY CONTRACT OR BY HEDGING. INSURANCE IS ONE TYPE OF RISK TRANSFER THAT USES CONTRACTS. |
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