Risk Management (Theory and Practice) - Advanced - Searchlight Insurance Training

Risk Management (Theory and Practice) – Advanced

This practical workshop develops further the theory of risk management, with a focus on its application to commercial insurance risks.
It is suitable for experienced staff who need to offer advice or who are already involved in the delivery of such services to customers.
It provides an opportunity to update and refresh their risk management expertise.
Delegates should have a knowledge of the principles and practice of commercial property, business interruption and liability insurance

 

Level: Advanced

Duration: 1 day(s) CII CPD Hours: 6
     

Demonstrate an awareness of the wider implications to business of risk

• Developing a more detailed understanding of the processes involved in assessing business risks

• Adapt risk management theory to practical problems encountered in commercial property, business interruption, liability and motor fleet risks

•Show an awareness of the purpose of business continuity planning and how it can be carried out in practice

Business risks and their effects

• The risk management process, with examples of the main techniques a risk manager will use in identification, analysis, decision making and economic control

• Companies and risk management -a review of the various corporate governance investigations and their impact on company responsibilities for risk management

• Application of risk management to specific business situations and in particular with regard to commercial insurance classes :-
– Property
– Business Interruption
– Liability
– Motor fleet

• Business Continuity planning –a review of the purpose, process and benefits to business

•Testing