Insurance and Risk Sectors are vital in life and business because they protect people and businesses from extreme financial loss or responsibility due to unfortunate emergencies like fire, accident, sickness, disability for work, or other unforeseen events. There are many different types of insurance policies, some for the private use of people and their families, and some others for corporate and other entities’ use. Insurance is a way of transferring risk and is used as a risk-reducing way for People and Corporates to achieve financial protection.
Would you risk your family’s well-being in case of an unexpected tragic event? Insurance is no different from any other business opportunity. But it also comes with some unique considerations. Nobody owns and drives a car without motor insurance. While your liability as a private or professional body may not require indemnity protection, would you really consider leaving these risks unprotected?
Risk Management, on the other hand, is focused on the effect of uncertainty on the organisations’ objectives and therefore, risk and objectives should be bonded together as a common strategy. Risk management and strategy functions should be “best friends”. Risk Management must be related directly to the business strategy. The continuous and rapid change of the business environment (environmental, climate, technological, economic, social, demographic, etc.) constantly creates new and complex risks that need continuous and professional handling and management skills in general. This requires further learning and training professionals in practical risk management applications and selecting the most suitable insurance plans.
After the training course, the participants will learn to:
The Insurance and Risk Management training course is both legally and technically based sciences, and they need specific skills to be understood and implemented.
It is suitable for a wide range of working professionals, including (but not limited to) the following:
This training course uses a combination of interactive presentations and live discussions. It will be supported with case study workshops, videos, models, tables, and charts to consolidate learning and discussion of the findings. A summary recap will be done by the end of each day, linking the topics to formulate a complete training programme. Upon request, it can include a final multiple-choice test on the material as a learning evaluation method.
Upon successful completion of this training course, Newage Certificate will be awarded to the delegates.
Vivacoder Education LLC is a Knowledge & Human Development Authority (KHDA) approved training provider in Dubai with a License Permit number 629738.