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Proportionate risk assessment for insurance products

Duration: 2 days


Effective risk management is at the core of all successful insurance programs, including inclusive insurance programs. This course introduces a risk assessment framework and tool that any stakeholder in the insurance industry can use to identify key risks and better understand the drivers of those risks. The tool also supports managing and mitigating the identified risks.

Training Objectives:

By the end of this course participants will:

  • Understand the building blocks of the risk assessment tool and how they fit together.
  • Be able to confidently apply the tool to a wide variety of inclusive insurance products for better risk management outcomes.
  • Leave with an action plan to apply the tool when they return to their workplace.
  • Become part of a professional community and network that can support ongoing peer learning and sharing of experiences after the training is completed.

Who could benefit from the training:

This course is suitable for insurance market practitioners as well as insurance supervisory staff who are involved in assessing and managing insurance and insurer risks, whether related to inclusive insurance or traditional insurance products. It is best suited for mid-level and senior management.


The course is built on the same adult learning principles and methodologies as other courses. This involves a combination of short lectures (covering theoretical aspects, the so-called “building blocks” of the risk assessment process) and group-based activities such as small group discussions and case study analyses. Active participation is expected from all participants.