Risk Management: Why and How

Overview

This course focuses on the risk management of potential accidental losses. Potential accidental losses-loss exposures-are the primary focus of risk management and the risk management process discussed in this course.

The risk management process is not really difficult to understand. As this course will demonstrate, it is simply a common-sense approach to using a number of readily available tools to handle an organization's risks in the most cost-efficient manner possible. The course uses a hypothetical example to illustrate key risk management principles.

Learning Objectives

Upon completion of this course, students will able to:

  • cope with risk to safeguard an organization's resources from accidental loss, to grasp unexpected opportunities, and to control the overall level of uncertainty within an organization
  • use proven techniques to evaluate how potential losses may adversely impact an organization's ability to achieve its goals
  • appraise how to cost-effectively apply a variety of risk management techniques
  • institute a productive risk management program within an organization
  • adjust a risk management program so that it remains fully cost-effective when conditions change

Designed For

PC insurance producers
International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.
WebCE® is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
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