Risk identification

{
  "id": "MLC-T-INS-002971",
  "term": "Risk identification",
  "field": "Insurance and risk management",
  "definition": "The process of systematically discovering and documenting potential threats and opportunities that could affect an organization's objectives. This involves analyzing internal and external factors, historical data, and future scenarios to pinpoint sources of uncertainty. Techniques include brainstorming, checklists, interviews, and process flow analysis, leading to a register of identified risks.",
  "url": "https://mlchart.com/terminology/insurance/risk-identification/"
}