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