An Intensive 5-day Training Course
Insurance and Risk Management
Trusting Continuity and Survival for People and Organisations

Course Introduction
Today, all people and businesses face a vast number of risks and threats that affect well being and surviving. The continuous and rapid change of the business environment (environmental, climate, technological, economic, social, demographic, etc.) constantly create new and complex risks that need continuous and professional handling and management skills in general. This requires further learning and training of professionals in effective risk management applications, and the selection of the most suitable insurance plans.
Insurance is a way of transferring risk, and it is used as the risk reducing way for People and Corporates to achieve financial protection. Nobody owns and drives a car without motor insurance, and while your liability as a private or professional body may not require that you have indemnity protection, would you really consider leaving these risks unprotected? Would you risk your family’s well-being in case of an unexpected tragic event? Insurance is largely untroubled by economic downturns since many insurance products are a necessary part of our multi-risk lives. Insurance is no different from any other business opportunity. But it also comes with some unique considerations.
This Insurance and Risk Management training course will highlight:
- The ways of handling risks based on willingness to tolerate risks
- Risk management into the business decision-making process
- The process of risk management
- The usefulness of Insurance for People and Corporations
- Concepts, principles, and legal issues of insurance
- The various types of Insurance Products and their usefulness
Objectives
At the end of this Insurance and Risk Management training course, you will learn to:
- Apply concepts of insurance
- Analyze and assess business risks
- Handle risks and implement protective measures
- Explain various types of insurance
- Design a risk management framework
Training Methodology
The training method is face-to-face training, since the nature of the program requires the physical presence of the trainer to engage trainees in understanding, practicing, and discussing how to explain the topics. This training course will use, Lecture with explanations and discussion, case study on the practical application of the knowledge gained, exercises and group work for better understanding
Organisational Impact
Attending this Insurance and Risk Management training course, the organization will benefit the most by:
- Protecting their businesses or organizations from exposure to various types of risks
- Implementing risk management procedures to help identify possible threats
- Selecting the most appropriate insurance plans as risk transfer for the organisation
- Applying assessment techniques to control risk and insurance plans
- Designing business continuity models
Personal Impact
This Insurance and Risk Management training course will provide trainees with the skills and techniques in insurance and risk management issues and in particular:
- Build a skillful Insurance and Risk assessment framework
- Handle the sources of risk in the business
- Decide options on various risks and insurance plans
- Define the purpose, framework, and criteria for risk management
- Apply risk and insurance methods to business reality
Who Should Attend?
Insurance and Risk Management are technical based sciences, and both need specific professional techniques to be understood and implemented.
This Insurance and Risk Management training course is suitable to a wide range of professionals but will greatly benefit:
- Insurance and risk employees working in risk, underwriting and claims departments
- Supervisors and managers of business departments dealing with risk and insurance for their organisations
- Insurance employees dealing with reinsurance
- Those interested in acquiring insurance knowledge and skills as a complementary job to their main activity
Course Outline
Day One
Risk in our lives
- Purpose framework and criteria of risk analysis
- Types of Risk
- The meaning of uncertainty and risk
- The risk assessment
- Identification of risks
- Risk analysis and classification
Day Two
Insurance Perils and Hazards
- Definition and objectives of insurance
- Suppliers and intermediaries: other channels of insurance distribution
- The common fund – functions of insurance
- The terms “peril” and “hazard” and the insurability
- The policy contract, the proposal, and other insurance documents
- Underwriting procedures, claims handling, and indemnification
Day Three
Risk Management Standards
- Principles of risk management
- The risk management process
- Avoidance - elimination - reduction and acceptance of risks
- Transfer of risk – insurable and uninsurable risks
- Recording and reporting - communication and consultation
- Monitoring – review - evaluation
Day Four
Operations and Regulations of Risk and insurance
- Reinsurance and coinsurance
- The principles of utmost good faith: insurable interest and the proximate cause
- The insurance law, licensing, and intermediary registers
- Solvency and capital requirements
- The code of ethics of insurance
- Information obligations of insurance
Day Five
Insurance Needs and Products
- How does insurance work?
- Insurance needs for holistic plans
- Life and savings sector
- Property and casualty sector
- General liability sector
- Personal insurance sector – accidents and health
Certificate
On successful completion of this training course, Oxford Management Centre Certificate with eligible Continuing Professional Education credits (CPE) from National Registry of CPE Sponsor will be awarded to the delegates
Accreditation

In association with
FREQUENTLY ASKED QUESTIONS
Yes, we provide assistance in securing both hotel reservations & entry visa on all our international training venues, for delegates attending our training courses. For further information / assistance, please contact our Customer Service at:
- Telephone: +971 50 985 0174
- E-mail: info@oxford-management.com
Yes, Oxford Management Centre is accredited by the following professional bodies;
National Association of State Board of Accountancy (NASBA)
The Oxford Management Centre is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit.
Yes, discounts are available. For further information please call +971 50 985 0174 or email, info@oxford-management.com
Note: Discounts are not applicable with any other special offer that may be available.
All course bookings made through Oxford Management Centre are non-refundable. By registering for a course, you acknowledge and accept that fees are payable in full and are not subject to refund under any circumstances, including but not limited to participant dissatisfaction, changes in personal or professional circumstances, or partial attendance.
Oxford Management Centre reserves the right to make reasonable adjustments to course content, trainers, or schedules where necessary, without entitling delegates to a refund. Full details of each course – including objectives, target audience, and content – are clearly outlined prior to enrolment, and it is the responsibility of the delegate to ensure suitability before booking.
There are 2 easy ways to register:
- Online: Select the training course you want to register for, Click the “Book Your Place” button on the course page, complete the form and click submit.
- E-mail: Send your details to info@oxford-management.com
We request that all cancellations be made at least one week before the class start date. You may reschedule this class without any penalty. If not, a $250 fee will be charged for cancellations received less than one week before a class begins and for no-shows. Cancellation penalties and any fees incurred by Oxford Management Centre will be deducted from refunds.
For more information request, email info@oxford-management.com or call +971 50 985 0174.
The classroom training fees include course presentation, relevant materials, physical & digital documentation, lunch and refreshments served during entire training. Accommodation and transportation are not included in the training course fees.
While, online training fees cover the course presentation and digital documentation and relevant materials.
The Oxford Management Centre Certificate of Completion with corresponding CPE credits shall be awarded to delegates who has successfully completed the training course.
Payment must be received before the training course commences. You can make payment by bank draft, cash, credit card or wire transfer.
Note: If the payment is not received, Oxford Management Centre has the right to refuse admission.
Upon receipt of your registration form, we will send you the following by e-mail:
- Registration Confirmation
- Invoice/Receipt (where appropriate)
If you register online you will receive an e-mail within 24 hours confirming your registration.