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Business Continuity Planning for Insurance Professionals

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Business Continuity Planning for Insurance Professionals

4

CEAPs

BCP INS
Duration: ½ day of instruction
4 Continuing Education Activity Points may be awarded towards recertification if applicable

Cost: $399.00

Description

Insuranceprofessionalsandriskmanagersalikeneedtounderstandtheissuessurroundingbusinesscontinuitymanagement(BCM),andthiscoursewillprovidethatknowledgebase.Youwilllearnthevitalinformationnecessarytodevelopafullrisktransfermechanismthattiesbusiness-relatedimpactstoinsurancecoverageandhelpsidentifystrategiesleadingtobetteruseofextraexpenseinsurancecoverage.Startingwithaviewofbusinesscontinuityfromriskassessmentandmitigation,andcontinuingthroughclaimsprocessing,thecoursefocusesonandstrategiesthatwillhelpcompaniesreducetheimpactofdisasters.Theanalysisphaseprovidesagreaterunderstandingofquantifiableimpactsthatcanthenbeappliedtoaccuratelycalculatingbusinessinterruptioninsurance.Thestrategicoptionsthathelpcompaniesrelocatebusinessoperationsandrecoverdataelementsmaydeterminetheamountofextraexpenseinsurancerequiredbyacompany.

Objective

1. Differentiate between business continuity, disaster recovery, emergency response, crisis management and response management
2. Identify the components of business continuity
3. Recognize the organizational drivers for business continuity management
4. Define and describe the role of the insurance professional regarding business continuity
5. Apply insurance principles and products to support business continuity

Outline

Lesson 1: What is business continuity?

Lesson 2: Why are organizations doing business continuity?

Lesson 3: What are the main components of business continuity?

Lesson 4: Who needs business continuity?

Lesson 5: What role can insurance play in business continuity?