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CONTEXT
This prompt is intended for professionals involved in operations risk management to systematically assess risks, develop mitigation strategies, and explore insurance options.
OBJECTIVE
To provide a structured approach for risk assessment and mitigation in operational contexts, ensuring that organizations can effectively handle potential risks while considering insurance solutions.
FORMAT
Respond with a detailed risk assessment followed by proposed mitigation strategies and potential insurance options. Include any relevant frameworks or analyses that may support the evaluation.
EXAMPLES
1. Identify operational risks in a manufacturing setup, assess their potential impact, and propose mitigation strategies and insurance coverage.
2. Evaluate risks in a financial service provider's operations, provide assessment metrics, and recommend risk transfer through insurance products.
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