Risk Management: Why and How

Overview

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.

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Objectives

  • 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:

Property and casualty insurance agents, risk, safety, and finance professionals


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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.

Course Information

Adding additional credit may change exam requirements.

Prerequisites:
General awareness of basic insurance concepts
Advanced Preparation: None