FAIR Institute Blog

Teresa Suarez

Teresa Suarez is a Risk Consultant for RiskLens

Recent Posts

Memoir of My Love Of-FAIR

[fa icon="calendar'] Nov 14, 2017 8:37:42 AM / by Teresa Suarez

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It’s been a little over a year since my love of-FAIR began, and my, does time fly when you’re having a good time!

Perhaps “love” of-FAIR is a bit dramatic. However, I must say that the FAIR model has many benefits that make it an attractive and advantageous affiliation. 

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A Crash Course on Capturing Loss Magnitude with the FAIR Model

[fa icon="calendar'] Oct 20, 2017 2:32:01 PM / by Teresa Suarez posted in FAIR, Risk Management

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In the FAIR model for risk analysis, Loss Magnitude—i.e. the monetary impact of a loss event—is bucketed in six Forms of Loss: Productivity, Response, Replacement, Competitive Advantage, Fines & Judgements, and Reputation.

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