Recordings: ARM 56 Risk Financing

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Immediate Access Class Recordings

The ARM 56 live and online weekly class based on existing textbook materials has concluded. Realizing that there may be students who already have their ARM 56 textbooks, and who want to take the ARM 56 exam before the next live and online weekly class is offered, registration for access to the previous weekly class recordings, downloadable notes pages, and chat tips is available now. The next live and online weekly class for ARM 56 will be offered beginning in May 2018.

To access over 19 hours of class recordings based on existing course materials, register to become a member of PrepAdemy by clicking the link above. To pay for access to the recordings: Once you receive your ID/password, navigate back to this page and click on the button “Register for $279” to pay for access to the recordings using a credit card. If you would like to pay by check please call 480-895-0060.

Order the “ARM 56 Recommended Materials Package” (text and course guide) from The Institutes by calling 1-800-644-2101 or by visiting their website

ARM 56 Risk Financing is one of three courses needed to earn the Associate in Risk Management designation. ARM 56 is considered an advanced course.

Chapter 1 – Introduction to Risk Financing
Chapter 2 – Estimating Hazard Risk
Chapter 3 – Transferring Hazard Risk Through Insurance
Chapter 4 – Self-Insurance Plans
Chapter 5 – Retrospective Rating Plans
Chapter 6 – Reinsurance
Chapter 7 – Captive Insurance
Chapter 8 – Contractual Risk Transfer
Chapter 9 – Transferring Financial Risk
Chapter 10 – Transferring Hazard Risk to the Capital Markets
Chapter 11 – Allocating Costs of Managing Hazard Risk


These class recordings (combined with textbook and course guide study) will help to prepare you to take the ARM 56 exam at Prometric or at an Onsite testing center. Books and exam fees are not included in the cost of the class. The fee to access the recordings is $279.

Learn more about the Associate in Risk Management.


ARM 56 – Risk Financing will help:

  • Support your organization’s overall financial goals by learning to design and implement retention, transfer, and hybrid risk financing techniques
  • Estimate losses arising from hazard risk by applying loss forecasting techniques
  • Design alternative risk transfer (ART) programs for hazard risk, including self-insurance and captive insurance
  • Increase your organization’s financial flexibility by transferring financial and hazard risk to the capital markets