Mondays Recommended CPD

Risk Management: Managing Property and Liability Risk

This free online risk management course teaches you about all of the most important elements of property and liability risk. Property risk corresponds to a property being damaged by fire or natural calamities and liability risk means a person becoming vulnerable to a lawsuit. Risks are inevitable in life, and come in a variety of different forms. By the end of the course, you will know how to identify, assess, and manage these risks effectively.

• Identify the general features of property coverage - real and personal.
• Explain the classification of real and personal property and its affect on risk exposure and valuation.
• Summarize how deductibles reduce the cost and frequency of claims.
• Describe what coinsurance is and how it affects payment.
• List the five categories of e-commerce property risk.
• Trace the major causes of hardware and software losses.
• Outline the factors and solutions pertaining to global risk exposure.