Risk Management
And Insurance
ARM 54: Risk Assessment
ARM 55: Risk Control
ARM 56: Risk Financing
Prepare To Pass The ARM 54 National Exam


ARM 54: Risk Assessment
Description: Topics include risk management programs, the risk management process, legal foundations of liability loss exposures, assessing property liability, personnel, net income loss exposure, management liability and corporate governance, forecasting, cash flow analysis. DOI CE: 35 CE hours for fire/casualty broker agents instructor led course. Online classes are not approved for CE. Online course not approved for DOI CE credit. However, CE credit can be obtained by passing the National Exam through IIA, www.aicpcu.org
ARM 55: Risk Control
Description:Topics include controlling property, personnel, liability, and net income loss exposures, intellectual property loss exposures, criminal loss exposures, disaster recovery for property loss exposures, understandng claim administration, fleet operations loss exposure, environmental loss exposures, understanding system safety, motivating and monitoring risk control activities. DOI CE: 35 CE hours for fire/casulaty broker agents instructor led course Online course not approved for DOI CE credit. However, CE credit can be obtained by passing the National Exam through IIA, www.aicpcu.org
ARM 56: Risk Financing
Description:Topics include understanding insurance as a risk financing technique, insurance plan design, forecasting accidental losses and risk financing needs, self-insurance plans, retrospective rating plans, reinsurance and its importance to risk financing plan captive insurance plans, finite and integrated risk insurance plans, capital market risk financing plans, noninsurance contractual transfer of risk, and purchasing insurance and other risk financing services. DOI CE: 35 CE hours for fire/casualty broker agents for instructor led courses. Online course not approved for DOI CE credit. However, CE credit can be obtained by passing the National Exam through IIA, www.aicpcu.org
What you will learn
- How to apply risk financing techniques to lower the cost of risk
- Decision rules for choosing risk financing techniques
- Using loss severity distributions and trending to identify risk funding targets
- Impact and use of captive, reinsurance, claims administration, and cost allocation when retaining risk
Risk management and insurance, risk management training, insurance risk management, ARM 54
Risk management and insurance, risk management training, insurance risk management, ARM 54