“The real value of Institute courses is in the terrific base they provide for insurance professionals to build on. The Institutes´ courses teach you how to apply fundamentals to everyday situations, giving you the foundation you need to be able to learn on the job.”

Richard A. Riley, CPCU, ARM, AIM
Vice Chairman and CEO, Retired
WNC First Insurance Services
Member, AICPCU/IIA Boards of Trustees

NEW! Risk Financing Suite

After completing the Risk Financing learning modules, you´ll understand how to apply decision rules for choosing risk financing techniques as well as how to apply specific financing techniques to particular loss exposures. You´ll also learn how to implement your chosen risk financing techniques and how to adapt them to changing circumstances.

Available Risk Financing learning modules are listed below. Click each module name for information and a list of topics covered. For your convenience, you can take one, a few, or all of the below learning modules. The choice is yours!

Understanding Risk Financing
Topics covered in this learning module include risk financing, risk financing goals, and more.

Insurance as a Risk Financing Technique
Topics covered in this learning module include the purpose and operation of insurance, types of insurance that address specific loss exposures, and more.

Insurance Plan Design
Topics covered in this learning module include insurance binders, physical construction of insurance policies, and more.

Forecasting Accidental Losses and Risk Financing Needs
Topics covered in this learning module include steps in forecasting expected losses, forecasting expected losses and estimating the net present value of cash flow needs, and more.

Self-Insurance Plans
Topics covered in this learning module include the purpose and operation of self-insurance plans, two types of self-insurance plans, and more.

Retrospective Rating Plans
Topics covered in this learning module include the purpose and operation of retrospective rating plans, calculating the premium for a retrospective rating plan, and more.

Reinsurance and Its Importance to a Risk Financing Program
Topics covered in this learning module include the purpose of reinsurance, six functions of reinsurance, and more.

Captive Insurance Plans
Topics covered in this learning module include the purpose and characteristics of captive insurance plans, types of captive insurance plans, and more.

Finite and Integrated Risk Insurance Plans
Topics covered in this learning module include characteristics of finite risk insurance plans, how finite risk insurance plans operate, and more.

Capital Market Risk Financing Plans
Topics covered in this learning module include how insurance securitization operates, how insurance derivatives operate, and more.

Noninsurance Contractual Transfer of Risk
Topics covered in this learning module include types of noninsurance risk transfers, managing noninsurance risk control and risk financing transfers, and more.

Purchasing Insurance and Other Risk Financing Services
Topics covered in this learning modules include steps in purchasing insurance and other risk financing services, marketing considerations for risk financing plans, and more.

Allocating Risk Management Costs
Topics covered in this learning module include purposes of allocating risk management costs, types of risk management costs an organization may want to allocate, and more.

We Recommend These Learning Modules for: Agents/brokers, agency principals, line of business managers and executives, risk managers, and operational risk staff for banks and insurers

Bottom-Line Benefits

  • Strengthen efficiency in the risk management function through gaining an improved understanding of specific aspects of risk financing
  • Improve the effectiveness of contributions by acquiring detailed knowledge of insurance and noninsurance risk financing techniques
  • Increase the ability to mitigate or avoid certain loss exposures by obtaining a thorough understanding of the risk financing process

Level: Intermediate


Cost: $20 per Professional Development Hour (PDH). Information on Professional Development Hours (PDH) provided can be found here.

E-mail: customerservice@TheInstitutes.org

Phone: (800) 644-2101

Fax: (610) 640-9576

Mail: AICPCU/IIA
720 Providence Road
Suite 100
Malvern, PA 19355-3433

Customer Service hours are Monday through Friday, 8:00 a.m. to 6:00 p.m. eastern time.

For retail ordering information, contact Customer Service or shop online. Or take a look at our full catalog.

E-mail: customerservice@TheInstitutes.org
Phone: (800) 644-2101

Customer Service hours are Monday through Friday, 8:00 a.m. to 6:00 p.m. eastern time.

Interested in corporate licensing information, volume discounts, or learning management system (LMS) compatibility? Contact the Institutes’ Regional Sales Executive in your area.


Quick Links