The "CII: Risk Management in Insurance & Business Planning" course provides a comprehensive exploration of how risk management is embedded in insurance operations and business success. It introduces learners to key concepts of risk, including types of risks faced by insurers and businesses, and discusses the evolution of risk management practices that have shaped the modern financial landscape. Through detailed study of international risk management standards such as ISO 31000, learners build a strong foundation in designing risk frameworks and developing a risk-aware organisational culture.

The course covers practical techniques for identifying, assessing, and evaluating risks using both qualitative and quantitative methods. Learners will gain hands-on experience with risk prioritisation, using data analytics for deeper insights into risk profiles, and understanding how risk management supports business resilience and growth. A special focus is given to risk control strategies, financing methods like retention and transfer, and the vital role insurance plays as a risk mitigation tool.

An integral part of the curriculum is aligning risk management with strategic business planning. Learners will explore how to integrate risk analysis into the development of business plans, ensuring that financial risks, operational exposures, and continuity planning are considered at every stage. The course also delves into regulatory requirements set by the FCA and PRA in the UK, corporate governance practices, ethical considerations, and the increasing importance of preparing for emerging risks such as cyber threats and climate change.

By the end of the course, learners will have the skills and knowledge necessary to develop proactive risk management strategies that support organisational goals, protect assets, and ensure regulatory compliance, positioning them for success in the dynamic world of insurance and business leadership.