Expanding relevant areas in insurance as tool for risk management will benefit all business managers that have resources that are exposed to risk as a result of their business activities. This course will be very useful and effective for designate Risk Managers and Admin/Human Resources Managers.

• When and how risk becomes a threat, and how to manage it
• How to identify risk by looking at its source
• Looking at risk from the perspective of resource- at-risk thereby informing the best way to manage the risk
• Insurance and its fundamental
• Insurance’s place as support for business activities
• Advantages of using insurance as backup and motivational tool
• The best way to manage insurance relationship and obligations.

• What about Risk?
• The concept of Risk Management
• The process of Risk Management
• The key Sources of Risk
• Types of Risk
• Three key resources exposed to risk
• Human resource
• Financial resource
• Physical resource
• Using the Risk analysis Grid (looking at likelihood and effect)
• Risk treatment options
• Insurance – the risk transfer tool
• What is Insurance?
• Fundamentals options
• The key players and how Insurance works.
• Types of Insurance
• Classes of insurance as applicable to Resources Exposed to Risk
• Concept of Risk Financing
• Why use Insurance for risk management?
• Managing Insurance relationship