Risk Assessment and Treatment

Who should attend

Risk Managers, Human Resource Managers, Purchasing Professionals, Safety Managers, Environmental Managers, Insurance Underwriters, Insurance Claims Adjusters and Examiners, Insurance Buyers, Finance Professionals, Managers in the Public Sector and Legal Professionals

Please Note: The courses are typically taken in sequence but students may register for the Risk Assessment and Treatment and Risk Financing courses before completing Risk Management Principles and Practices.

Course description

This course focuses on risk assessment and treatment.  It focuses on theories of accident causation, root cause analysis, discusses the application of various strategies for treating risks and how to motivate risk treatment within an organization.

Learning outcomes

Upon successful completion of this course, you should be able to:

  • Systematically identify feasible strategies for treating risks of various types
  • Analyze the root cause of accidents
  • Understand motivation for and barriers to implementation of risk treatment options


Text is included in registration fee.


Day 1 - registration/check-in will start at 8:00 a.m. with sessions to begin at 8:30 a.m. and adjourn at 4:00 p.m. Days 2, 4 & 5 will commence at 8:30 a.m. and adjourn at 4:00 p.m. Days 3 & 6 will commence with check-in at 8:30 a.m. and adjourn at 12:00 p.m. There will be 15 minute mid-morning and afternoon breaks. A light lunch is included on Days 1, 2 & 4.

Program outline

  • Business Continuity Management
  • Property Risk
  • Intellectual Property and Reputation Risk
  • Legal and Regulatory Risk
  • Management Liability
  • Human Resource Risk
  • Environmental Risk
  • Crime and Cyber Risk
  • Risks Association with Vehicle Fleets and Operations


Karen MacWilliam is a self-employed consultant specializing in risk management and insurance analysis. She has worked in the insurance and risk management fields since 1985 as an underwriter, corporate risk manager and broker, and has operated a successful consultancy since 1997. Clients include a wide variety of public and private corporations. She holds a B.A. in Economics from UBC, her AIIC, FIIC designations from the Insurance Institute of Canada, and the CRM designation. She has been on staff at Simon Fraser University at Harbour Centre in Vancouver from 1992 -2015 teaching risk management and advanced insurance curriculum, and has been a lecturer in risk management at the University of Northern British Columbia in Prince George from 2003 - 2010. Karen is a sought-after trainer for private clients and the Insurance Brokers’ Associations in B.C. and Alberta, and the Insurance Institutes in Northern Alberta, Southern Alberta, and Nova Scotia. In 2001, Karen authored a 200-page risk management and insurance reference book titled The Risk Management and Insurance Guidebook for Industry, © ABS/Government Institutes of Rockville, MD, which is the basis for an online study program and is used as a text by international colleges. In 2004, she was engaged by the Risk and Insurance Management Society (RIMS) to author the Canadian Supplement to the Risk Financing course in the CRM designation. She has created Canadian content for all 3 CRM courses.