Corporate risk managers need to implement a program ofsophisticated loss prevention policies and processes known as theHighly Protected Risk concept, a specialist in the field advised ata recent industry conference.

Luis F. Arango, a loss protection and chemical technicalspecialist with Kansas City, Mo.-based GE Insurance Solutions'Global Asset Protection Services unit, spoke in Baton Rouge, La.,at a meeting on industrial fire fighting.

By taking this approach, Mr. Arango said, companies will bebetter positioned to meet shareholder, regulatory and insuranceprovider expectations and requirements in a global economy.

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