The Risk Management Department is involved in the continuous process of controlling potential loses to Cattaraugus County. The concept of risk management is actually an ART.
Analyze: Identify and evaluate potential losses by considering the
probability, impact, and predictability of occurrence.
Reduce: Avoid the loss or diminish its severity by taking preventative
measures and enforcing the use of appropriate safeguards.
Transfer: When practical, place the responsibility for a potential loss
on another party, through commercial insurance or contractual obligation.