Fundamentals of Insurance

Virtual Workshop




As one of the main forms of risk transfer, insurance is a complex and critical part of the foundation of any risk management program. This workshop covers the basics of insurance, from insurance terms and concepts to what’s included in a policy and which types are available. The course will detail the different exposures corporations face, including those covered by property, casualty and marine insurances, as well as a brief section on government.

Using real-world examples and group discussions, participants will learn how to assess appropriate coverage for an organization, how to apply and protect assets, and even how to break down an insurance contract.

Registration Fees
RIMS Members: $775 USD | Non-Members: $1,175 USD (review the registration details below)

Continuing Education Credits
CE and CPE, click here for eligibility and hours

Download the Workshop Outline



January 27 28 | 8:00 am – 3:30 pm ET
Registration closes January 26. Register Now

Elise Farnham, President, Illumine Consulting

March 7  8 | 12:00 pm – 7:30 pm ET
Registration closes March 4. Register Now

Gail Kiyomura, CPCU, ARM, Owner, The ART of Risk Consulting


June 14  15 | 9:00 am – 4:30 pm ET
Registration closes June 13. Register Now

Dan Kugler
, Principal, Risk Management & Insurance Consultancy, LLC

September 14  15 | 11:00 am – 6:30 pm ET
Registration closes September 13. Register Now

Elise Farnham, President, Illumine Consulting


By attending this workshop participants will learn to:
  • Review an insurance policy to determine how coverage is applied
  • Know how to purchase insurance and which types of insurance are available
  • Understand how insurance provides a financial transfer of risk
  • Use insurance terms and concepts correctly
  • Analyze appropriate coverage for the exposures faced by the organization
  • Protect the assets of the organization through the purchase of insurance


This program is for new risk, claims and loss control professionals who would like to learn the basic insurance and definitions of insurance applications. It may also be in of interest to professionals with responsibility in legal counsel and contract construction.

RIMS education courses are designed primarily for risk and insurance professionals, but anyone within an organization who wants to learn more about a specific topic of interest is encouraged to attend.

Level: Entry

Format: Live virtual, in person, corporate training, or RIMS chapter. Contact for more information.



January 27 – 28, 2022

RIMS Members: $775 USD
Non-Members: $1,175 USD

March 7 – 8, 2022

RIMS Members: $775 USD
Non-Members: $1,175 USD

June 14 – 15, 2022

RIMS Members: $775 USD
Non-Members: $1,175 USD

September 14 – 15, 2022

RIMS Members: $775 USD
Non-Members: $1,175 USD


For registration assistance, please contact our

Cancellations and Refunds

RIMS reserves the right to cancel a course if conditions warrant. In the event of such a cancellation, registration fees will be refunded.

All requests for refunds or changes must be submitted in writing to RIMS at Registrants who cancel 15 business days or less prior to the start of the workshop can send a replacement from their company or receive credit to attend another workshop with the same duration and cost within a year of the cancelled registration. Please note if the member rate was paid for the original registration and you elect to send a replacement or transfer the credit to another employee of your organization who is not a member, an additional fee will be charged to offset the difference between the member and nonmember rate. No refunds will be issued for cancellations less than 15 days from the start of the workshop.