Risk Management - Searchlight Insurance Training

Risk Management

This practical workshop provides a brief introduction to the theory of risk management, with a focus on its application to commercial insurance risks.

It would be valuable staff who need to offer advice or who are already involved in the delivery of such services to customers.

Whilst no risk management expertise is required, delegates should have a reasonable knowledge of the principles and practice of commercial property and liability insurance.

Level: Intermediate

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


. Demonstrate an awareness of what risk means and its key characteristics

. Demonstrate an understanding of the stages involved in the risk management process

. Adapt risk management theory to practical problems encountered in successfully insuring commercial property, liability and motor fleet risks

. Show an awareness of the purpose of disaster recovery planning and how it can be carried out in practice


. Risk and its key characteristics

. Definition of risk management – what it is and how it is done

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

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

. Examples of risk management in practice, with consideration of application to specific commercial insurance classes
-Motor fleet

.Disaster recovery planning – a brief overview of its purpose and process