Insurance is NOT Risk Management

New Class: Risk Management Theory & Applications Having trouble reading this email? View it as a webpage. Learn Why Risk Management and Insurance are not synonymous "Risk management" and "Insurance" are not synonymous. Risk management is a process that combines methods for reducing or avoiding an undesirable event with resources for covering the adverse financial losses that result from the occurrence of the undesired event that could not be avoided. Insurance is but one source risk managers use to finance these adverse economic losses. "Risk," "risk management," "peril," "hazard," and "insurance" are defined and detailed in this class. Click Here to Register Professionals attending this session learn: Details of the multi-step risk management process To delineate the various levels of financial impact How to define and differentiate between the concepts of "Risk Control" and "Risk Financing" The three "Rules of Risk Management" How to use an advanced frequency/severity matrix Click Here to Register This is part 1 of a seven-part series. To register for the entire series, click here. Those who register for the series get an incredible deal (each class only $69). When you register, you get: Access to the live webinar Video and audio recordings, so you can watch or listen again Question & Answer session with the instructor Audio download of the webcast Presentation slides download Join us this Thursday, August 9 for this one-hour training webinar. (PLUS, all registrants will receive video and audio recordings of the webinar, so you can listen/watch again at your convenience.) Space is limited! Click Here to Reserve Your Spot! Regularly priced at $129.00, just $89 when you register today! (special pricing expires August 8) Have questions or need help? Send an email to webcasts@insurancejournal.com or call Barbara at 800-897-9965 x166. Date: Thursday, August 9 Time: 1:30pm ET / 10:30am PT Duration: 1 Hour Price: Save $40 until August 1st! Register today for just $89! Click Here to Register Instructor: Chris Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS, AINS Director of Education at Insurance Journal's Academy of Insurance More Great Training: TOMORROW: Understanding E&O Coverage - Join us for a breakdown of the E&O policy form and learn how to properly insure your client's exposures. AUG 9: Risk Management Theory & Applications - Risk management is a process combining methods for reducing or avoiding an undesirable event with sources for covering the adverse financial losses that result from the occurrence of the undesired event. AUG 15: Top 10 Things Agents do Everyday - But Shouldn't - If you've even wanted to turn potential E&O from mere CYA to ROI - or simply wish you could turn everyday chaos into potential growth, this session is for you. AUG 16: What Makes a Risk Insurable - Insurance, in its role as a financing mechanism, combines two concepts - risk transfer and risk sharing. Although conceptually simple, the effective and efficient combining of risk transfer and risk sharing within the insurance mechanism requires many moving parts to produce the desired result. AUG 22: Secrets of Insuring Restaurants (3-part series) - Restaurants are very tricky businesses to insure. Join Trent and Amy as they help ensure that your restaurant clients are being properly insured. Send to a Friend | Contact Us | Subscribe | Unsubscribe | Privacy Policy Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2012 by Wells Media Group, Inc.