Financing of Risk

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$440.00
Available
Seats Available
More Information
Instruction Hours 16
Topics Financing of Risk
Programs Certified Risk Managers (CRM)
Start Date Feb 26, 2020
End Date Feb 28, 2020
Hotel Desc Reserve Hotel
Learning Options Traditional Classroom

Register
Topics Covered: covered

  • Risk Financing Fundamentals

  • Risk Financing Program Decision Making
  • Methods for Risk Financing
  • Risk Financing Team
  • Alternative Risk Transfer
Denver, CO
February 26-28, 2020
7:30 AM Registration
PIIAC Education Center
8354 Northfield Blvd., Ste. 2710
Denver, CO 80238
303-512-0627
Contact PIIAC at 303-512-0627 for overnight accommodations.

Financing of Risk

Financing of risk can be an intricate and complex task. In this course, you will compare the various financing options presented: non-insurance transfer, guaranteed cost plans, retro plans, dividend plans, pools, and various types of captives. You will learn how to deliver the message to management in present value dollars. We recommend that this course follow Analysis of Risk.

This 16-hour course includes application exercises.

Topics Covered: covered

  • Risk Financing Fundamentals

  • Risk Financing Program Decision Making
  • Methods for Risk Financing
  • Risk Financing Team
  • Alternative Risk Transfer
Faculty

Faculty Name

Wendell Bosen

Bio Detail

Wendell is a Senior Account Executive for Moreton & Company, responsible for providing a variety of risk management services for commercial and public entity clients. He has over 25 years of risk management and safety experience. Wendell is one of six Faculty members for PRIMA's workshops on the international risk management standard ISO 31000. His resume includes nine years as Director, Risk Management for Management & Training Corporation (MTC) a company with more than 10,000 employees in twenty-three states. MTC operates prisons for local, state and federal agencies and Job Corps Centers for the US Department of Labor. Wendell worked six years as Manager of Risk Management Services for Utah's largest public entities liability pool where he helped create a workers' compensation pool. Wendell has a M.B.A. degree from Westminster College, as well as a B.A. in Economics and an A.S. in Chemical Engineering from Brigham Young University. His other professional designations include being a RIMS Fellow, and he has earned his ARM-E/P, CPCU and ALCM designations. He also earned his CRM designation in 2018. Wendell has worked in all three areas of the commercial insurance business: in the Insurance Company, as a Risk Manager, and on the Broker side. Wendell's additional contributions to the industry include presenting at national conferences for the US Department of Labor (DOL), Risk and Insurance Management Society (RIMS), American Society of Safety Engineers (ASSE), and Public Risk Management Association (PRIMA). Wendell has taught risk management and insurance classes for the local CPCU chapter and a small private college. He is excited to promote Risk Management as a CRM Faculty for The National Alliance.