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Alternative Ways to Finance Today's Risk in Construction - On-Demand CPE
$55.00
Member price: $45.00
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Insurance is simply a way to finance your risk and transfer it away from your company's assets. In many cases, companies only know about the guaranteed cost offerings within the insurance world. In this session, you will learn about all options available when it comes to financing your risk. We will dive into the details of the following types of programs: retros, high deductible plans, self-insurance plans, captive options, and others.
Learning Objectives
After this session, you will be able to:
- Recognize the differences between all types of insurance programs and how each program works, what it takes to get into these programs, and who offers them
- Identify what information is important to evaluate and needs to be gathered to help you make an educated decision about each type of program
- Identify the steps to process the data needed and make an educated decision on which program is best for you
- Recognize the upsides and potential downsides of each program
- Calculate the financial impact of each program and determine if it makes sense for your company
Prerequisites
This program is an online self-study course that was developed for construction financial professionals with 0-3 years of experience in construction finance. No prerequisites or advanced preparation is required.
CPE Credits
0.5 CPE credits
CPE/CCIFP Information
Earn .5 CCIFP Professional Development credits which can be applied to either the General or Construction Knowledge category. Please note, Alternative Ways to Finance Today’s Risk in Construction was reformatted from a previous session from CFMA’s 2024 Annual Conference and learners are only authorized to claim CPEs for this course once.
Course Length
The estimated time to complete the course is approximately 40 minutes, depending on the pace of the learner.
Who Should Attend:
Business Owners, CFOs, Construction Financial Professionals, Contractors, Controllers, CPAs, Professional Advisors, Risk Managers, Subcontractors
Topics:
Risk Management
Finance
Management Services
Construction Management
