This course covers the concept of “cost of risk” (COR)—how to quantify, reduce, and manage it. It demonstrates how captive insurance can lower these costs, providing an overview of captives, their types, and their functions. The course also addresses tax and accounting issues affecting captives’ effectiveness in managing financial risk.
Designed For:
Adding additional credit may change exam requirements.
| Access Period: | 12 months |
| Prerequisites: | A basic understanding of risk financing principles and how the insurance industry is structured |
| Advanced Preparation: | None |
| Delivery Method: | Self-Study |
| PDF Download: | Available |
| Provider of Record: | WebCE |
| Field of Study: | Specialized Knowledge |
| Last Reviewed: | January 2025 |
| Study Level: | Intermediate |
| Approved For: | Program Training |
| Proctor: | No |
| Passing Grade: | 70 |
| Questions: | 50 |
| Retakes: | Unlimited |