Fundamentals of Insurance

Course Info

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.

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

February 10–11, 2027

11:00 AM – 6:00 PM EST

MEMBER$825

NON-MEMBER$1,225

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Gail Kiyomura
Risk Management Consultant, The ART of Risk Consulting

Who Should Attend?

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.

Your Instructor

Gail Kiyomura, CPCU, ARM, is currently the owner of The ART of Risk Consulting, a risk management consulting firm with expertise in public entity risks. Previously, Gail was the Deputy Director of Human Resources for the City of Stockton. Her career in risk management has been varied from the retail grocery industry (Safeway) to public utilities (Pacific Gas & Electric) to federal contractor (Lawrence Livermore National Laboratory) to city government. She has been involved with claims ranging from fender benders and bee stings to one of the worst gas explosions in the public utility space. Gail considers the job of a risk manager as "part lawyer, part doctor, part negotiator, and always a good listener."

FAQs

What is the policy for 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 pd@RIMS.org. 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.