Starting in September, the Insurance Institute of Canada will offer one of three courses in risk management that will eventually lead to the Canadian Risk Management (CRM) designation, as conferred by the Global Risk Management Institute (GRMI).
The institute hopes that this will provide insurance professionals with the opportunity “to deepen their understanding of risk in the context of insurance.”
The three courses, Risk Management Principles and Practices, Risk Assessment and
Treatment, and Risk Financing, will be taught using a facilitated online learning framework. Successful graduates have the option of writing examinations from the Global Risk Management Institute (GRMI) in order to obtain CRM designation.
In addition, those who pass all three courses will be awarded a certificate of completion and may qualify for two elective credits in the CIP program.
The Institute will also offer an Advanced CIP Certificate program, consisting of two businesses courses and two repurposed CIP technical and management courses. Graduates of this professional development program will receive both a convocation acknowledgment and permission to use the CIP (Adv) post-nominal designation.
The institute hopes that the Advanced CIP Certificate program will address the void that currently exists in “management skill development.”
“These new courses will help students understand the interrelation of the functional areas of business, how strategy is created and implemented, how to analyze complex reading material, how to conduct research critically and creatively, and how to develop a plan to evaluate solutions and solve problems,” said Chair of the Board of Governors, T. Neil Morrison, BA (Hons).
Registration for these programs begins this summer at www.insuranceinstitute.ca.
