As an insurance coordinator , could you advise how can assess the risk.

Risk can be assessed by measuring ;1.
Probability of loss2.
Severity of loss With the help of a graph, this can be done by putting Probability of loss on X-axis and Severity of loss on Y-axis.

assessment is two parts to analyse (define,describe and estimate risk level) and evaluate. Doing this is a team job you can use questionnaire, brainstorming and history analysis more inductive methodologies as the HAZOP and FMEA are also perfect methodologies to anticipate, estimate and evaluate your risks

As insurance coordinator and underwriter the following methods to assess proposed risk should be considered :-

 A)  degree of exposure.

B) saftey precuations.

C) loss/ claim experience in similar class of risk.

D) probability  of moral & morale hazard.

E) make survey by yourself or appoint proffessional surveyor to be sure about a, b , c, d above mentioned in addition to his personal recomenations depending on the survey.

                                Thanking You.