Risk Management Certificate Program Courses

The Risk Management courses are delivered through facilitated online learning. There is no weekly live class, but all students follow the same weekly schedule for readings, assignments, and graded online interaction under the guidance of an instructor. Course materials include a text book and course guide. For more information visit program fees.

Time commitment: About 6-8 hours a week per course to complete readings, learning activities and online discussion.

We recommend that you take only one course at a time, and that you complete the courses in the order listed.

Please note:

Each Insurance Institute Risk Management course has its own final examination. These examinations are held at our proctored computer-based examination (CBE) centres. Your course registration confirmation will include details of your exam booking and how to request a change of date if required.

The Insurance Institute's examinations are separate from the examinations required for the CRM designation. Please see below for further information about CRM requirements.

Canadian Risk Management Designation

The Insurance Institute of Canada is pleased to be an authorized provider of risk management courses that meet the foundational course requirements for the CRM designation. The CRM is recognized by RIMS and awarded by the Global Risk Management Institute (GRMI)

Please note that the Insurance Institute of Canada does not does not issue the CRM designation itself or administer the standardized CRM exams. The exams administered by the Insurance Institute form part of the course grade only. 

If you are pursuing the Canadian Risk Management (CRM) designation, once registered in a risk management course, you must contact the Global Risk Management Institute to register for the corresponding GRMI standardized exam. 

Please consult the Global Risk Management Institute for complete details of the steps for obtaining the CRM designation.

Continuing Education Credits

The Insurance Institute's risk management courses are approved for CE credits in applicable Canadian jurisdictions.

Risk Management courses are offered in three semesters each year: fall, winter and spring. The following dates and deadlines apply.


Fall Term September to December
Winter Term January to April
Spring Term April to July


Registration Period      June 1 to August 31, 2018
Withdrawal Deadline  September 24, 2018


Registration Period      October 1 to December 31, 2018
Withdrawal Deadline  January 21, 2019


Registration Period      January 15 to March 31, 2019
Withdrawal Deadline  April 29, 2019 


Students wanting to withdraw from a course must submit a written request by letter or email to the Insurance Institute of Canada by the deadlines shown. Course withdrawals are subject to an administrative fee of $50 (plus GST or HST). See the Risk Management Program Policies for details.


Fall 2018  September 10 to December 2, 2018
Winter 2019 January 7 to March 31, 2019
Spring 2019  April 15 to June 30, 2019


Midterm exams for the Risk Management courses are held online but do not require a supervisor.

FALL 2018

R110: Risk Management Principles and Practices Tuesday, October 23, 2018
R120: Risk Assessment and Treatment Wednesday, October 24, 2018
R130: Risk Financing Thursday, October 25, 2018


R110: Risk Management Principles and Practices Wednesday, February 20, 2019
R120: Risk Assessment and Treatment Thursday, February 21, 2019
R130: Risk Financing Friday, February 22, 2019


R110: Risk Management Principles and Practices Wednesday, May 29, 2019
R120: Risk Assessment and Treatment Thursday, May 30, 2019
R130: Risk Financing Friday, May 31, 2019



Final exams for the Risk Management courses are 90 minutes long and are written at Institute-approved proctored exam centres. They are offered in a computer-based examination (CBE) format.

Fall 2018 Courses             Exams December 3-21, 2018
Winter 2019 Courses Exams April 1-23, 2019
Spring 2019 Courses Exams July 2-19, 2019

NB: Students pursuing the CRM designation must also pass separate exams administered by GRMI. See the Canadian Risk Management Designation section above.


Final course results are available for paid members of the Institute.

Students will be notified by email when their course results are released. The release date for grades may vary by course. It is important for students to keep their email contact information up to date in their member profiles.

To obtain results:
1. Log in to your member account on this site
2. Go to “My Education”
3. Go to “My Courses” > “Course Record”