Foundation Course in Risk Management

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.

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

17 - 18 April 2023
9.00 a.m. - 4.00 p.m.

Method: Virtual Learning
CPD Hours: 11
Registration Closing Date:
14 April 2023

About the trainer:


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, Fire Protection, and Theft in PIAM. He has been a part-time lecturer at The Malaysian Insurance Institute (MII) 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.

Course Outline
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

Contact Info

The Malaysian Insurance Institute 197701004772 (35445-H),
Level 6, Bangunan AICB,
No. 10 Jalan Dato’ Onn,
50480 Kuala Lumpur, Malaysia 

Tel : +603 2712 8882

Email :

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