Chapter 3: Managing Your Risk without Buying Insurance. Insurance 2016 revealed, for instance, that 44 percent of insurers across the world intend to pursue digital initiatives with startups from the insurance industry over the next two years. [A.M.Best] on Amazon.com. This awesome book ready for download, you can get this book now for FREE. A.M. Best Company publishes Understanding the Insurance Industry to provide an explanation of how the insurance industry operates, generates revenue and provides opportunities for people of a wide range of talents and interests. Insurance is a contract that transfers the risk of financial loss from an individual or business to an insurance company. 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