Assess your risk financing program with confidence
Understand the basics of risk financing and tie clinical efforts directly to their financial ramifications.
This certificate program will help risk managers learn key risk financing information and techniques, as well as how to better assess their own programs. From reviewing loss runs to understanding actuarial reports, an educated risk manager can engage their c/suite by talking about the financial implications of the risk management program to the organization.
We will start by looking at insurance policies and end by ‘running’ a captive – illustrating how the options of risk financing parallel the organization’s philosophy on risk identification, mitigation and resolution. Each participant will leave with practical tools to use in their daily work.
Subject areas include:
- Risk Financing Program Philosophy
- Feasibility Study, Coverages and Captives
- Incorporating the Actuarial
- Policy and Indemnification Language
- Case Reserving, Modification Factors
- Ultimate Losses
- Captive Governance
Who should attend this program?
Although this program is most appropriate for beginners or those with an intermediate understanding of risk financing principles, it is helpful that your responsibilities in your current role deal with risk financing.