Explore the selection, implementation and monitoring of risk financing techniques in which an organization can obtain funds to pay for any accidental losses which strike it

Subjects covered in this course include:

• framework for risk financing
• selection criteria for risk financing techniques
• insurance as a risk financing technique
• financing property, net income, liability and employee losses
• accounting and some income tax aspects of accidental losses
• implementing risk retention available options, including use of affiliated insurers
• insurance pricing, selection of insurers and their representative
• risk cost allocation

Pre-Requisite

Successful completion of Risk Assessment or a fundamental knowledge of business management, employee benefits and general insurance (e.g., work experience in the insurance field). Successful completion of Risk Control also encouraged.

Course Information - REGISTRATION DEADLINE: JANUARY 24, 2013

Format: Blended

Start/End Date:  Thursdays, January 31 - April 18, 2013 | final exam during last class

Time: 7 - 9:50 p.m.
Location: Laurier's Waterloo campus
Fee: $525 (plus textbooks)

Required Textbooks: Risk Assessment, Risk Assessment Course Guide
Instructor: Vance Somerton, CRM

- IMPORTANT NOTE REGARDING TEXTBOOKS -

Textbooks are ordered for students by Continuing Studies based on enrollment numbers. Students registering from January 10 to 17, 2013 may not receive their textbooks before the start of classes. Please note that beginning January 10, 2013 an additional textbook fee will be charged for late registrations.

Format Details

This course will be delivered in a blended format. There will be a face-to-face session on the first scheduled session and the group will meet approximately every other week throughout the term, but there will not be a weekly class room component. There will be regularly scheduled activities online to supplement classroom activities in alternate weeks.

Registration Process

For details on how to submit your registration, please refer to the registration form. Please note that registrations submitted by email will not be accepted. Receipts for credit card payments will be issued electronically unless otherwise requested. Phone 519.884.0710 x6036 or email Continuing Studies if you require additional information.

Testimonials

See what out students have to say about their experience in Risk Financing here. 

Withdrawal and Refund Policy

• notice of withdrawal must be made in writing to Continuing Studies in-person, by mail, or by email
• a full tuition refund, less 10 per cent, will be issued when notice of withdrawal is received up to two weeks prior to the start of the first session
• a full tuition refund, less 25 percent, will be issued when notice of withdrawal is received after two weeks prior to start of the first session and prior to the start of the second session
• after the second session, no refunds will be issued

Please note that no refund of any sort will be given if the university is closed for any reason during your course.

Course Cancellation

Wilfrid Laurier University reserves the right to cancel a course in which there is insufficient enrollment. In the event of a cancellation, students will be informed and all fees will be refunded.