The Institute of Risk Management is set to launch a teaching module for loss management in September.

Speaking to Airmic Daily (produced by Insurance Times sister magazine Strategic Risk), IRM chairman Ian McNeil said that the subject would be backed by the Chartered Institute of Loss Adjusters (Cila).

McNeil added that other new courses for the associateship qualification on reputational risk management and captive risk management are being developed and will launch over the next two years.