The Associate in Risk Management (ARM) designation is acheived through a program provided by the Insurance Institutes (American Institute for CPCU and Insurance Institute of America). The newly revised Associate in Risk Management designation program is designed to teach insurance agents the practical, relevant skills they need to help manage risk at all levels of your company. The ARM program teaches the in-depth knowledge needed to assess and respond to the numerous hazard risks and helps insurance agents to:

• Build a strong foundation in the science of risk management
• Gain practical skills to avoid, reduce, and manage risk
• Learn to adapt those skills to meet changing needs

ARM 54—Risk Assessment
Establishing Risk Management Programs; The Risk Management Process; Legal Foundations of Liability Loss Exposures; Assessing Property, Liability, Personnel, and Net Income Loss Exposures; Management Liability and Corporate Governance; Forecasting Losses; and Cash Flow Analysis.

ARM 55—Risk Control
Controlling Property, Personnel, Liability, and Net Income Loss Exposures; Intellectual Property Loss Exposures; Criminal Loss Exposures; Disaster Recovery for Property Loss Exposures; Understanding Claim Administration; Fleet Operations Loss Exposures; Environmental Loss Exposures; Understanding System Safety; Motivating and Monitoring Risk Control Activities.

ARM 56—Risk Financing
Understanding Risk Financing; Insurance as a Risk Financing Technique; Insurance Plan Design; Reinsurance and Self-Insurance; Retrospective Rating Plans; Captive Insurance Plans; Finite and Integrated Risk Insurance Plans; Capital Market Risk Financing Plans; Forecasting Accidental Losses; Self-Insurance Plans; and Purchasing Insurance and Other Risk Financing Services and Risk Financing Needs.

Click here for more information on the ARM designation.