Certificate in Insurance as a Risk Mitigation Strategy

Course details

Duration: 4-week online course | 2 hours per week

Companies develop risk management frameworks to allow them to identify, evaluate and treat their risks and at the same time they create their mitigation strategies. One of the most efficient - and yet often misunderstood - risk mitigation strategies is Insurance.

This course explains the purpose of the most important and complex insurance policies starting from the insurance terms, the exclusions, deductibles, special conditions, insured limits and continues with the claim preparations and finally the compensations. It enables companies to create their own insurance policies according to their needs and risks and guides them through the grey zones and small letters that sometimes are overlooked or misunderstood.

In this course, you will learn how to create, review and enhance insurance policies and the Risk Management framework subsequently. It will provide you with the knowledge to understand the peculiarities of the insurance covers and spotlight the grey zones during the phase of creation and negations with the insurance companies.

Efficient insurance policies will lead to holistic protection of the company's assets and liabilities and will add value to the risk mitigation strategy for the companies.