Introduction
This one day interactive workshop provides a valuable introduction to the theory of Risk Management for a student in the subject.
Workshop Objectives
Delegates who successfully complete this workshop will be able to:
• demonstrate the need for Risk Management
• explain the consequences of not implementing Risk Management
• explain the stages involved in Risk Management
• explain the ways of reviewing the methods available for adopting a best practice approach
• describe the approach to the broker’s role in advising customers on Risk Management
Workshop Content
• The Relationship between Risk and Business Objectives
• Definition of Risk Management
• Corporate Governance – Cadbury, Greenbury, Hample and Turnbull Reports
• Steps in the Risk Management Process
• The role of the Risk Manager
• Risk Identification Techniques
• Risk Mapping and Ranking – Severity and Frequency
• Risk Controls
• Asset Loss or Damage
• Disaster Recovery/Contingency Planning
• Health and Safety
• Products
• Motor
• Risk Financing
• Retention v Transfer
• Contractual Transfer
• Overview of Risk Retention Techniques
• Monitoring and Reporting Risk
Duration: 1 day(s).