The third and final part of our series addresses the topic of risk control techniques and other relevant aspects of a risk management program to eliminate, or minimize, losses to your assets. Understanding the basics of risk control techniques is an important step in establishing a risk management program for your organization. Other business issues that directly affect your risk management program which are addressed in this course include:
- Business contract insurance indemnification and hold harmless requirements
- OCIP/CCIP/Wrap programs and how they can directly affect your business insurance coverages and costs.
- Certificates of insurance issues and methods for managing them
- Risk management program set up and reporting
- Benchmarking and measuring the return on investment in a risk management process
As a wrap up and final comprehensive review of the course, we will also explore a model business risk management scenario. In this project, the participants will engage as a class to:
- Identify assets and risk exposures
- Analyze these exposures to risk
- Evaluate and prioritize methods to address the risk
- Develop a process for implementation
The overall goal is to help you protect your business in an efficient and cost effective manner to increase growth opportunities and profitability.
Course Includes: Student binder, Electronic resource materials,
lunch and refreshments for in-person course
Course Time: 2 days, 8:00 am – 4:00 pm
13 Contact Hours
Member Price: $375.00 Non Member: $475.00
Upon completion of Risk I, Risk II, and Risk III, students receive a Certificate in Risk Management Fundamentals issued by the Chesapeake Region Safety Council.
See also “Risk Management Fundamentals Certificate Program”