RISK ASSESSMENT AND APPRECIATION
75 horas
As the complexity of business risks continues to grow, traditional methods of risk financing, such as insurance, may not always be sufficient or cost-effective. Alternative risk financing provides businesses with innovative ways to manage and fund their risk exposure. This course explores various alternative methods of financing risks, enabling businesses to tailor their strategies to specific needs and circumstances.
Participants will gain an in-depth understanding of risk retention, risk transfer mechanisms, and alternative risk financing techniques such as captives, reinsurance, and securitization. The course will also cover the benefits and challenges associated with each method, equipping professionals with the tools to implement alternative financing strategies in their organizations.
Discover the key modules and concepts
Introduction to Alternative Risk Financing
- Overview of traditional vs. alternative risk financing methods.
- The role of alternative risk financing in modern risk management.
- When to consider alternative financing options: benefits and limitations.
Captive Insurance and Self-Insurance
- Understanding captive insurance: formation, types, and structures.
- The benefits of self-insurance for large corporations.
- Legal and regulatory considerations in captive insurance management.
Reinsurance and Risk Securitization
- The role of reinsurance in managing large-scale risks.
- Types of reinsurance: facultative and treaty.
- Securitization of risk: catastrophe bonds and insurance-linked securities (ILS).
Structured Risk Financing Solutions
- Innovative financial instruments for risk management: derivatives, swaps, and futures.
- Creating and managing risk financing portfolios.
- Optimizing capital and liquidity through alternative financing solutions.
admission process
Objectives
- Understand the key principles of alternative risk financing and how it differs from traditional methods.
- Explore the use of captives, self-insurance, and reinsurance as strategies for financing risk.
- Learn how to assess the feasibility of alternative risk financing options for specific business needs.
- Gain insights into risk securitization and other structured solutions to manage large-scale risks.
- Develop the skills to design and implement customized risk financing strategies to optimize capital use and reduce overall risk exposure.
Methodology
This course uses a practical and interactive approach to help participants understand alternative risk financing strategies.
Teaching methods include:
- Expert-led lectures on the latest trends and practices in alternative risk financing.
- Case studies of businesses that have successfully implemented alternative risk financing techniques.
- Workshops focusing on the design of captive insurance, reinsurance agreements, and risk securitization.
- Group exercises to evaluate and create risk financing solutions for different business scenarios.
This course is ideal for risk managers, CFOs, insurance professionals, and business leaders seeking to explore and implement alternative risk financing strategies in their organizations to effectively manage complex and evolving risk exposures.
Meet our Faculty
Our exclusive “Learn by doing” method, allows our staff to track student progress more effectively which help them to identify a student's strengths, weaknesses and requirements. Better communication takes place through our hybrid learning methodology, as students can use our different digital platforms to connect and stay in touch with teachers and peers.
