Fundamentals of Insurance
Virtual Workshop
COURSE INFO
Upcoming Workshops (choose one of the following)
July 7 – 9
10:00 am – 5:00 pm ET (July 7 and July 8) | 10:00 am – 1:00 pm ET (July 9)
Registration closes June 30. Register now for the July 7 workshop
August 20 - 21 and August 24
9:00 am – 3:00 pm ET (August 20 and August 21) | 9:00 am – 12:00 pm ET (August 24)
Registration closes August 13. Register now for the August 20 workshop
Fees
RIMS Members: $600 USD | Non-Members:
$1,000 USD (see registration details below to purchase)
Instructor
Elise Farnham, President of Illumine Consulting | View instructor profile
Continuing Education Credits
Earn up to 13 hours of CE and
13.2 hours for CPE credits. Check if your state is eligible for CE credits. Click here for details.
Overview
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.
Format
- Live online training
- Interactive Zoom meetings
- Three sessions with 15 total hours of training
- 10-minute breaks every hour and an hour lunch
- Group exercises, polling and chat
WHAT YOU WILL LEARN
- 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
WHAT YOU WILL TAKE AWAY
- Definitions of insurance applications and basic insurance
- Legal principles and contract construction
- Examples of policies, including: casualty, property, workers’ compensation, professional liability, transportation, crime and surety bonding
WHO SHOULD ATTEND
- New risk professionals
- Claims professionals
- Loss control professionals
- Controllers
- Treasurers
- Legal counsel
REGISTRATION FEES
July 7-9