Associate in Risk Management (ARM)

ARM 54 – Risk Assessment
This is the first of a series of three ARM courses and covers Risk Management Programs; The Risk Management Process; Legal Foundations of Liability Loss Exposures; Assessing Property, Liability, Personnel, and Net Income Loss Exposures; Management Liability and Corporate Governance; Forecasting; and Cash Flow Analysis.

ARM 55 – Risk Control
Topics covered include: Controlling Property, Personnel, Liability, and Net Income Loss Exposures; Intellectual Property Loss Exposures; Criminal Loss Exposures; Disaster Recovery for Property Loss Exposures; Understanding Claim Administration; Fleet Operations Loss Exposures; Environmental Loss Exposures; Understanding System Safety; Motivating and Monitoring Risk Control Activities.

ARM 56 – Risk Financing
This course focuses on various forms of risk retention and risk transfer. The course includes discussion of advanced risk financing products, such as insurance-linked securities and insurance derivatives.