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Elements of Risk Management - Classroom

Elements of Risk Management - Classroom

Wednesday, October 30, 2024
7:30 AM - 4:30 PM (CDT)

* Registration open until 10/28/24 at 12:00 AM (CST)

Introduction to Risk Management

Critical terms and fundamental concepts of risk management, the risk management process and how to build a comprehensive risk management program.

Risk Identification

General classes of risk, their logical classifications, and ten specific methods risk managers can use to identify specific risks.

Risk Analysis

How quantitative and qualitative analysis methods are used to evaluate the impact of the frequency and severity of past and predicted losses.

Risk Control

Reducing claims frequency and severity, common causes of loss and risk control methods.

Risk Financing

Loss sensitivity and flexibility of risk financing options, which risks are insurable, and which are best handled by social insurance mechanisms.

Risk Administration

Implementing risk management policies and procedures, the risk management team, and how to measure success.

Registration Options

Credits Price
Registration
7.00 (MN Continuing Education Approved) $190.00

Agenda

October 30
7:30 AM - 8:00 AM Registration/Check-In
8:00 AM - 10:00 AM Introduction to Risk Management Gloria Thompson
CIC
10:00 AM - 11:00 AM Risk Identification Gloria Thompson
CIC
11:00 AM - 12:00 PM Risk Analysis Gloria Thompson
CIC
12:00 PM - 12:45 PM Lunch - on your own
12:45 PM - 1:45 PM Risk Control Gloria Thompson
CIC
1:45 PM - 2:45 PM Risk Financing Gloria Thompson
CIC
2:45 PM - 3:45 PM Risk Administration Gloria Thompson
CIC
3:45 PM - 4:15 PM Q&A and Review Gloria Thompson
CIC

Gloria Thompson
CIC

BIO:

Gloria Thompson began her career in the insurance industry over 40 years ago and obtained her insurance agent's license in 1984. She earned her CIC designation in 2000. Gloria is currently employed by North Risk Partners as a Risk Advisor and enjoys the opportunities she has to mentor and collaborate with her fellow agents. Gloria's passion for education and public speaking aligned her with the opportunity to instruct insurance courses. She has taught courses for several organizations, including the National Alliance's CISR program and Kaplan Professional Schools, as well as specific specialty topics written by her and presented at the MIIAB conventions. Gloria is a past board member for the National Alliance's CISR Board of Governors. Through her service on the Board of Governors she gained in depth knowledge of the CISR program, and watched the program evolve over her six years of service. Currently, Gloria serves as the Education Chair for the Minnesota Independent Insurance Agents and Brokers, which serves as the oversight committee for the National Alliance's continuing education programs in Minnesota. Gloria appreciates the opportunities for mentoring, networking, and involvement in the insurance industry that these organizations provide. She is also a member of the Twin Cities Insurance Club and has been a guest speaker for various insurance topics for the organization over the years. She was named Agent of the Year by the Minnesota Independent Insurance Agents and Brokers in 2014. Dan Riley, CEO of the association said, "Her professional experiences and her vast knowledge of the business have helped thousands of Minnesota agents become the best insurance professionals in the country." Gloria completed her Educational Consultant training with the National Alliance in May of 2017, and now serves in that role on behalf of the MIIAB for Minnesota CIC and Rubles educational programs.

For More Information:

Alina Saleem
Alina Saleem
Education & Member Service Professional Big I Minnesota (763)235-6474
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Online Exam Window:
October 30 - November 07, 2024

All final exams require you to have a proctor, a disinterested third-party, to monitor your exam through its entirety. More testing information and instructions can be found at scic.com/proctor-monitor-rules.

Course Help and Exam Help