Insurance as a risk transfer mechanism in Small and Medium Enterprises (SMEs)

• Main Authors: Md. Jadi, Diara, Abdul Manab, Norlida, Ahmad, Shahrul Nizam
• Format: Conference or Workshop Item
• Language: English
• Published: 2014
• Subjects: HB Economic Theory
• Online Access: http://repo.uum.edu.my/15712/1/Jadi.pdf; http://repo.uum.edu.my/15712/; http://www.hiccob.uum.edu.my/index.php/ismec-introduction
• Institution: Universiti Utara Malaysia

This paper aims to provide an insight into the application of insurance as a risk transfer mechanism surrounding the small and medium enterprises (SMEs).SMEs owners must develop a sound risk management program and utilize appropriate risk transfer mechanism in order to protect their business and en...