Sales
HRD Training Prog No 10001383892 Date & Time 5 – 6 May 2025 9.00 a.m. – 5.00 p.m. Registration Deadline 30 April 2025 Learning Format In-Person Training
Overview
Understand the importance of the role of a risk manager
This Foundation Course in Risk Management is designed to introduce you to the essentials of insurance Risk management. We’ll cover everything from the basics of risk identification and mitigation strategies to real-world examples of how these strategies play out in today’s insurance industry.
At the end of the programme, participants should be able to:
- Understand the concept, definition and functions of risk management.
- Identify the features and techniques of risk identification, analysis, control and financing.
- Describe the administrative process of how to implement and monitor the risk management programme.
Recommended For
- New entrants
- Insurance industry personnel
- Non-insurance personnel whose work require a basic understanding or a practical knowledge of the subject
- Individuals who requires basic knowledge in risk management
Programme Structure
Day 1:
- Risk – Meaning, classification, cost
- Risk Management – Concept, definition, function
- Risk Identification
» Organisation charts
» Physical inspections
» Check lists
» Flow charts
» HAZOP
» Fault trees
» Risk and its approaches to its measurement - Risk Control
» Fire and other perils, prevention and protection
» Security
» Liability and protection
» Nuisance and environment exposures
» Workplace safety and health
» Quality control techniques
» Contingency and emergency planning basic coverage and exclusion
» Comparison between the clauses
» Duration of cover (Transit Clause)
Day 2:
- Risk Financing
» The evaluation of risk financing tools, retention and transfer
» Insurance, non-insurance, pre and post loss funding
» Retention and self-insurance decisions
» Insurance and reinsurance - Developing a Risk Management Programme
» Risk management process and its administration
» Developing the corporate risk management philosophy
» Writing the risk management statement
» The risk manager’s role
» Principles and practices for corporate buyer
Dates
05/05/2025
Classroom
Fees
Aii Member Early Bird
Register before 17 April 2025
RM 980
USD 230
Non-Member Early Bird
Register before 17 April 2025
RM 1080
USD 250
Aii Member Normal Fee
Single seat – RM 1080 / USD 230
Group of 3 – RM 930 / USD 218
Non-Member Normal Fee
Single seat – RM 1180 / USD 272
Group of 3 – RM 1090 / USD 240
*Fees inclusive of 8% SST (Malaysia Sales and Service Tax)
Meet The Expert
JULIAN ARULAPPU
(B Eng), MBA, MIRM, ARM
Julian joined the Malaysian insurance industry in 1995 at a leading general insurance company and has been involved extensively in risk control and loss prevention. He was part of the Technical Sub Committees on Risk Management, FireProtection, and Theft in PIAM. He has been a part-time lecturer at The Asian Institute of Insurance (Aii) for short technical courses on Risk Management since 1998. He also served as an AGM in a multinational general insurance company, in charge of Risk Surveys, Loss Prevention, Customer Relationship Management (CRM) and Training. Julian holds a degree in Chemical Engineering (B Eng.) from the University of Newcastle, Australia, and an MBA in General Management from the University of Strathclyde, UK. He also holds two professional qualifications in Risk Management, namely, Associateship from the Institute of Risk Management (MIRM), UK, and an Associate in Risk Management (ARM) from the Insurance Institute of Americas (IIA). In addition to that, he also holds a Certificate in Occupational Safety & Health (OSH) from NIOSH.