Understand the essentials of hazard risk and its four key sub-categories in risk management.
Hazard risk refers to pure risks—those that result in either loss or no loss, with no opportunity for gain. These risks are often associated with harm, damage, or disruption, and are commonly insurable. In this foundational course, you’ll explore the core concept of hazard risk and gain a practical understanding of its four key sub-categories: property risk, liability risk, personnel risk, and net income (or business interruption) risk.
Designed for professionals involved in risk management or business operations, this session offers a clear framework for identifying, assessing, and responding to hazard risks. By the end, you’ll be better equipped to recognize these risks and understand how they impact organizational stability and continuity.
BA, MBA, FCIP, CRM
An insurance and risk management leader with over 20 years of combined experience in the area of enterprise and operational risk, risk financing, risk control and claims management.
Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.
Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.
