Risk Financing

This course will assess the methods which an organization can obtain funds to pay for accidental losses. Emphasis is placed on the selection, implementation and monitoring of various risk financing techniques. Specific subjects discussed are: a framework for risk financing criteria for risk financing selection techniques insurance as a mechanism for financing property, net income, personnel, and liability losses accounting and income tax aspects of accidental losses insurance pricing selection of insurers and their representatives implementing risk retention available options, including the use of affiliated insurers and cost of risk allocation techniques.