Domino theory
Term · Insurance and risk management · MLC-T-INS-001213
A concept in risk management suggesting that a single incident or failure can trigger a chain reaction of subsequent failures or accidents. This theory posits that each event in the sequence contributes to the next, leading to a larger, more severe outcome. It is often applied in workplace safety to analyze accident causation and implement preventative measures.
| Identifier | MLC-T-INS-001213 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-001213",
"term": "Domino theory",
"field": "Insurance and risk management",
"definition": "A concept in risk management suggesting that a single incident or failure can trigger a chain reaction of subsequent failures or accidents. This theory posits that each event in the sequence contributes to the next, leading to a larger, more severe outcome. It is often applied in workplace safety to analyze accident causation and implement preventative measures.",
"url": "https://mlchart.com/terminology/insurance/domino-theory/"
}
Record 1,054 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.