| A | B |
|---|
| Risk | The possibility of a financial loss or failure. Individuals or companies are willing to take a risk because of the opportunity for success or financial gain. |
| Economic Risk | The risk associated with the possibility of a loss due to a change in the economy. |
| Natural Risk | The risk associated with the possibility of a loss due to natural causes. |
| Human Risk | The risk associated with the possibility of a loss due to human factors. |
| Risk Management | Management, control, and prevention of exposure to internal or external risks. |
| Risk Management Plan | Outlines procedures for handling all forms of business risk. |
| Risk Prevention & Control | Involves dealing with risks before they occur. |
| Risk Transfer | Passing risk. |
| Risk Retention | Assuming or acknowledging a business risk and the outcome. |
| Risk Avoidance | This may be achieved by anticipating a business risk and preparing for that risk in advance. |
| Metal Detectors | Devices that detect the presence of metal such as guns and knives. |
| Security Guards | hired to protect a venue and maintain order at an event. |
| Smart Cards | plastic cards containing a computer chip which allows the holder to enter secured areas, buy goods and services, or execute other operations requiring secured information stored on the chip. |
| Photo ID Cards | plastic cards or badges bearing a photograph, name, and other identifying information about a person. |
| Proximity Cards | plastic cards with a magnetic strip containing encoded data that is read by passing the cards within a certain distance of a computerized electronic card reader. |
| Barcode cards | plastic cards with a number of vertical lines set in a pattern, containing identifying security information. |
| Wristbands | plastic identification bands that encircle the wrist. |
| Magnetic Strip Cards | plastic swipe cards with a magnetic strip containing encoded data that is read by passing the card through a slotted electronic device. |
| Searches | used to examine a person or his/her personal effects in order to find an inappropriate concealed item. |
| Surveillance Cameras | used to observe attendees of an event. |
| Security Badges | include plastic cards, metal tags, devices, or tokens. |
| Facial Recognition Technology | a computer program that takes images filmed from a camera and compares them to a known database of criminal pictures. |
| Security | any measure taken to guard against crime or attack. |
| Safety | providing the proper precautions to protect against harm, failure, breakage, or accident. |
| General Liability Insurance | Provides broad coverage against claims of negligence or inappropriate action resulting in bodily harm or damage to personal property. |
| Automobile Liability Insurance | Provides compensation to individuals injured by automobiles used in an event. |
| Board of Directors Liability Insurance | protects volunteer board members from personal liability. For example, if an event goes bankrupt, the event managers or the board cannot be held personally liable or be directly sued. |
| Comprehensive General Liability Insurance | a package policy that includes fire, theft and injury. |
| Event Cancellation Insurance | provides coverage for the cancellation of an event due to circumstances beyond the event coordinator’s control. |
| Inclement Weather Insurance | provides coverage for the cancellation of an event due to inclement weather or natural risks, rain, lightening, hurricane, or tornado. |
| Broadcast Transmission Interruption Insurance | provides coverage due to an interruption of the radio or television broadcast of an event. |
| Non-Appearance Insurance | provides coverage if an athlete or entertainer fails to appear at an event due to accident or illness. |
| Prize indemnity Insurance | provides coverage when a participant wins a promotional contest. Contest examples are Hole-in-One Golf Tournaments and Field Goal Kicks for cash or prizes. Prize indemnity can also protect the company against loss of income due to prize fraud. |
| Accidental Death and Dismemberment Insurance | provides coverage if an event participant suffers loss of life or limb. |
| Temporary Disability Insurance | provides coverage for an athlete or entertainer in the event that he/she suffers an injury or illness that temporarily keeps him/her from working. |
| Permanent Disability Insurance | provides coverage for an athlete or entertainer in the event that they suffer an injury or illness that permanently keeps them from working. |
| Image Protection Insurance | provides coverage for a sponsor in the event that an athlete’s or entertainer’s actions result in negative publicity for the company. |
| Property Insurance | provides coverage for damage to buildings and production sets. Property insurance will also provide coverage for theft or damage to personal property and props. |
| Producers Errors and Omissions Liability Insurance | provides coverage for copyright infringement, libel, and plagiarism. |
| Animal Mortality Insurance | provides coverage in the event that an animal dies while being used on a production set. |
| Workman's compensation Insurance | provides reimbursement of medical expenses for workers injured on the job. |
