course | Insurance and Risk Management
Join the Insurance and R... course taught in English
FNBN-3087 | Insurance and Risk Management
Course Sector : Finance, Accounting and Banking
| Duration | Date from | Date to | Course Venue | Course fees | Book a course |
|---|---|---|---|---|---|
| 5 Days | 14/12/2026 | 18/12/2026 | Abu Dhabi | $4,250 | Book now |
| 5 Days | 29/03/2027 | 02/04/2027 | Amsterdam | $4,950 | Book now |
| 5 Days | 21/06/2027 | 25/06/2027 | Abu Dhabi | $4,250 | Book now |
| 5 Days | 20/09/2027 | 24/09/2027 | Dubai | $4,250 | Book now |
Course Introduction
Organizations face a wide range of risks that can affect their people, assets, operations, finances, and reputation. Effective risk management helps organizations identify, assess, and manage these risks, while insurance plays a key role in transferring and mitigating potential financial losses. Together, risk management and insurance form an essential part of sound governance and business resilience.
The Insurance and Risk Management course is designed for professionals who already have basic exposure to risk, insurance, or control concepts and want to develop a more structured and practical understanding of how these areas work together.
Within BOOST, this program focuses on how insurance supports risk management objectives and how risks should be assessed, prioritized, and treated in real organizational environments.
The course emphasizes practical application rather than technical insurance theory. Participants will explore different types of risks, insurance policies, coverage structures, claims processes, and the roles of various stakeholders. Attention is also given to aligning insurance decisions with organizational risk appetite and ensuring that coverage remains appropriate as risks evolve.
By the end of the program, participants will be better equipped to support effective risk management practices and make informed decisions related to insurance coverage and risk transfer.
Course objective
- Understand the relationship between risk management and insurance
- Identify key organizational risks and appropriate risk responses
- Understand common types of insurance coverage and their purpose
- Evaluate insurance as a risk treatment option
- Recognize coverage gaps and limitations
- Understand the basics of insurance policies, terms, and conditions
- Support effective insurance placement and renewal decisions
- Contribute to improved risk awareness and management
Course audience
- Risk management and compliance professionals
- Internal auditors and assurance staff
- Finance and accounting professionals
- Insurance and claims coordinators
- Procurement and contract professionals
- Operations and asset management staff
- Public and private sector professionals involved in risk oversight
Course Outline | DAY 1
Fundamentals of Risk Management
- Understanding risk and uncertainty
- Types of organizational risks
- Risk identification and assessment concepts
- Risk appetite and tolerance
- Risk treatment options: avoid, reduce, transfer, accept
- Role of insurance in risk management
Course Outline | DAY 2
Insurance Basics and Coverage Types
- How insurance works
- Key insurance principles
- Common types of insurance coverage
- Property, liability, and business interruption insurance
- Specialty and emerging insurance risks
- Understanding exclusions and limitations
Course Outline | DAY 3
Insurance Policies, Placement, and Claims
- Structure of insurance policies
- Key policy terms and conditions
- Selecting appropriate coverage levels
- Working with insurers and brokers
- Insurance renewals and market considerations
- Claims notification and claims management
Course Outline | DAY 4
Integrating Insurance into Risk Management
- Aligning insurance coverage with risk assessments
- Identifying gaps and overlaps in coverage
- Managing uninsured and underinsured risks
- Role of governance and oversight in insurance decisions
- Monitoring risk changes and insurance adequacy
- Reporting risk and insurance matters to management
Course Outline | DAY 5
Applying Insurance and Risk Management in Practice
- Reviewing current risk and insurance arrangements
- Identifying improvement opportunities
- Strengthening coordination between risk, finance, and operations
- Improving documentation and controls
- Learning from incidents and claims
BOOST’s Professional Attendance Certificate “BPAC”
BPAC is always given to the delegates after completing the training course,and depends on their attendance of the program at a rate of no less than 80%,besides their active participation and engagement during the program sessions.
Since 2001, we’ve been at the forefront of professional training in the Middle East — shaping the future of learning and development one success story at a time. With a vision rooted in innovation and excellence, we help individuals, teams, and organizations reach their highest potential through integrated, future-ready training solutions. Our comprehensive programs combine global best practices with local insights, empowering people to grow, lead, and make a lasting impact in their industries.
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