“The real value of Institutes´ 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! Foundations of Risk Management and Insurance Suite

Identifying risk and its implications, associated loss exposures, and financial consequences is essential to managing risk. After completing the Foundations of Risk Management and Insurance courses, you'll have a thorough understanding of risk, risk management, and how insurance is used as a risk financing measure.

Available Foundations of Risk Management and Insurance courses are listed below. Click each course name for information and a list of topics covered. For your convenience, you can take one, a few, or all of the courses. The choice is yours!

Identifying Risk and Its Implications
Topics covered in this course include assets exposed to loss; causes of loss, including associated hazards; financial consequences of loss, as elements for property, liability, personnel, and net income loss exposures; and more.

Understanding Risk Management
Topics covered in this course include the differences between traditional and enterprise risk management, the steps in the risk management process, and more.

Understanding Risk Assessment
Topics covered in this course include methods of loss exposure identification, types of data used in risk management decisions, and more.

Risk Control Techniques
Topics covered in this course include risk control techniques, using risk control techniques and measures to implement effective risk control measures, and more.

Evaluating Risk Financing
Topics covered in this course include retention funding measures, applying risk financing measures to the four types of loss exposures, and more.

Financial Services and Insurance Markets
Topics covered in this course include how producers provide consumers with access to insurers, competition in the insurance market, and more.

Insurance Mechanism
Topics covered in this course include the benefits of insurance, the core and supporting functions performed by insurers, and more.

Insurable Risks
Topics covered in this course include the insurance mechanism, applying the six characteristics of an ideally insurable loss exposure, and more.

Legal Environment of Insurance
Topics covered in this course include the common-law system, civil law in comparison to criminal law, and more.

The Insurance Policy
Topics covered in this course include the distinguishing characteristics of insurance policies, waiver and estoppel, and more.

Insurance Policy Analysis
Topics covered in this course include the six reasons that policies contain exclusions, the differences between pre-loss and post-loss policy analysis, and more.

Policy Analysis: Declarations and Insuring Agreement
Topics covered in this course include policy period and coverage territory provisions, insured events and causes of loss, and more.

Policy Analysis: Conditions and Exclusions
Topics covered in this course include property insurance exclusions, liability insurance exclusions, and more.

Amounts Payable: Property Insurance
Topics covered in this course include deductibles, the coinsurance formula, and more.

Amounts Payable: Liability Insurance and Other Sources of Recovery
Topics covered in this course include three types of other-insurance provisions, how conflicts are resolved for other-insurance provisions, and more.

We Recommend These Courses for: Agents/brokers, agency principals, claim adjusters, risk managers, and underwriters

Bottom-Line Benefits

  • Improve ability to relate property-casualty insurance theory to everyday practice
  • Increase customer satisfaction by gaining the practical skills needed to meet changing customer needs

Level: Intermediate


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

Phone: (800) 644-2101 (U.S. and Canada)
(610) 644-2100 (Outside the U.S. and Canada)
Fax: (610) 640-9576
Mail: The Institutes
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 Standard Time.

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

E-mail: CustomerSuccess@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.


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