The Alliance’s Control of Risk Now Available in Self-Paced Format

This article is part of a sponsored series by Risk & Insurance Education Alliance.

Have you ever wondered why some organizations seem more susceptible to cyber-attacks or employee injuries than others? Why do some seem more resilient than others? Dive into these questions and more through the Risk & Insurance Education Alliance’s (The Alliance’s) course Control of Risk. Offered as a requirement in the Alliance’s Certified Risk Manager (CRM) designation, this course also counts as an option to meet requirements for the Alliance’s Certified Insurance Counselor (CIC) designation. The course satisfies annual update requirements for existing CIC, CIRP, CISR, CISR Elite, and CPRM designation holders.

While there are no formal prerequisites, participants should have foundational knowledge and practical experience in risk management settings. Examples of suitable backgrounds include accountants, attorneys, commercial lenders, financial services professionals, human resources professionals, safety and loss control specialists, risk analysts, and risk managers. Furthermore, agency managers, agents, brokers, commercial lines managers, commercial producers, senior underwriters, underwriters, and underwriting managers play a role in managing risks and can also benefit from completing Control of Risk. College and university professors teaching courses about risk management and insurance may also find the course helpful. All can learn more, whether it is their first time studying the topic in-depth or they simply need a review or an update.

Control of Risk includes five segments, each emphasizing practical, experience-based applications of key concepts. Each segment, followed by an example of one of several topics addressed therein follows: risk management concepts (e.g., the risk management process); human resources risk control and mitigation (e.g., employee safety); property and liability risk control and mitigation (e.g., cyber exposures); crisis and disaster planning (e.g., crisis management); and claims management (e.g., claims audits).

Until recently, the course was offered in two formats: classroom and webinar. Now, it is also offered in the popular self-paced format, where learners have 120 days from the date of purchase to complete the course. Regardless of the chosen format, learners have access to Alliance customer support services.

The self-paced course includes several resources to help students succeed. These include a pre-test, a learning resources page, a textbook-style learning guide, a study guide, a review test, and a final exam. Study tools like flashcards, knowledge checks, and self-quizzes support learning.

Learners may earn continuing education credit in their state upon successful completion of the course. Control of Risk is included in the Alliance’s Advanced Subscription Package. The Advanced Subscription costs $839.88 per year and includes all courses across all Alliance designations, as well as several of our seminars, webinars, CE courses, and more. In comparison, the cost for enrolling in Control of Risk without the advanced subscription is $445, more than half of what an Advanced Subscription package costs. Pricing for corporate customers may look different, depending on their agreements with the Alliance.

In summary, the Control of Risk course offers valuable, practical knowledge for professionals seeking to strengthen their expertise in risk management and insurance. Flexible learning formats, comprehensive resources, and opportunities for continuing education credit all support student success. Whether you are enhancing your skills for professional advancement or meeting CE or designation requirements, Control of Risk provides a strong foundation for effective risk management.