FAIR Institute Blog

Taylor Maze and David Musselwhite

Taylor Maze is Senior Risk Consultant and David Musselwhite is Training Lead for RiskLens

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Primary vs. Secondary Loss in FAIR™ Analysis: What's the Difference and Why It Matters

[fa icon="calendar'] May 19, 2020 9:52:20 AM / by Taylor Maze and David Musselwhite posted in Risk Management

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“All models are wrong, but some are useful.” By those words, professor and statistician George Box reminds us that models, including the FAIR™ Model, are approximations of reality.

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