CORA COST-OF-RISK ANALYSIS

Computer software to perform risk analysis and risk management tasks, namely, (a) the definition of standard organizational object types, and individual objects of each type, (b) the construction of a mathematical model of risk losses for each object, (c) evaluation of the cost-benefit of one or more postulated mitigation measures for each object, (d) evaluation of the cost-benefit of one or more postulated insurance policies for each object, (e) identification of the optimum business resumption plan for each function performed at each object, (f) evaluation of mitigation measures in the context of postulated income statements, and (g) the maintenance and integration of a database of nominal risk threats with the mathematical risk models