Insurance and Risk Management Workshop
Course Overview
Understand the fundamental principles of insurance and risk management across various industries.
Learn how to identify, assess, and manage risks using structured frameworks and insurance solutions.
Explore the role of insurance in mitigating financial losses and ensuring business continuity.
Gain practical knowledge of risk control techniques, policy selection, and strategic decision-making.
Training Format:In-class, Virtual, In-house
Location:Lagos, Accra, Nairobi, Kigali
Language:English, French
Nigeria Price:
₦350000
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$4000
Kenya Price:
$5500
Rwanda Price:
$6000
Nigeria Price:₦350000
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$4000
Kenya Price:
$4000
Rwanda Price:
$4000
Nigeria Price: ₦350000
Int'l., (Nigeria) Price:
$1000
Ghana Price: $4000
Kenya Price: $4000
Rwanda Price: $4000
Introduction to Insurance and Risk Management
Overview of Risk Management: Concepts, objectives, and importance in organizations.
Principles of Insurance: Risk pooling, indemnity, insurable interest, and utmost good faith.
Types of Risks: Pure vs. speculative risks and their impact on businesses.
Risk Identification and Assessment
Risk Identification Techniques: Risk registers, inspections, and brainstorming methods.
Risk Analysis: Qualitative and quantitative risk assessment approaches.
Risk Evaluation: Prioritizing risks based on likelihood and impact.
Risk Control and Mitigation Strategies
Risk Control Methods: Avoidance, reduction, transfer, and retention strategies.
Loss Prevention Techniques: Safety measures, internal controls, and operational improvements.
Business Continuity Planning: Ensuring resilience during disruptions.
Insurance as a Risk Transfer Mechanism
Types of Insurance Policies: Property, liability, life, health, and specialty insurance.
Policy Selection: Matching risks with appropriate insurance coverage.
Insurance Program Design: Structuring cost-effective insurance portfolios.
Claims Management and Loss Handling
Claims Process: Notification, documentation, investigation, and settlement.
Loss Adjustment: Role of adjusters and claims professionals.
Claims Optimization: Reducing losses and improving recovery outcomes.
1ST BATCH: Monday, March 30, 2026 — Thursday, April 2, 2026.
2ND BATCH: Tuesday, July 28, 2026 — Friday, July 31, 2026.
3RD BATCH: Tuesday, November 24, 2026 — Friday, November 27, 2026.
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and
illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical
experience, emphasizing the application of learned techniques. This approach ensures that attendees return
to their professional environments equipped with both the competence and self-assurance to effectively
implement the acquired skills in their responsibilities.
