Discover Risk Workshop – CII

15 Jun Discover Risk Workshop – CII

Jo Richardson Sixth Form had the opportunity to take part in a Game of Risk produced by the Chartered Institute of Insurers.

The Year 12 Sixth Formers made the most of their opportunity. The students were split into five teams, in each of the two sessions, and had to deliver their decisions on how real the risk was in the scenario given and how much impact it would have if it did happen.

Each scenario mirrored events that have taken place in the world and produced some thought provoking discussions. Students began to realise that in the world of insurance all areas have to be thought of and covered!! Would anyone have thought that Michael Jackson would not be able to perform – due to dying – the insurance company that covered the gigs did!  What about a film crew breaking both 3D cameras whilst filming to a tight 12 week schedule?  Who could imagine a popstar slapping an interviewer around the face – how would that affect their image, reputation and record sales?

We were superbly supported by Mrs Brown in the Sixth Form, who just happens to be married to an Insurance Underwriter! She helped students become aware of all the things that could happen and look at the scale between possibly and probably!

After slow starts all teams got into the swing of it, picking up key words on the scenario cards which were giving clues to probability and impact. Both session winners, and several other teams scored over 100 points. All teams were getting high marks in the latter rounds, apart from a couple of slips, showing their understanding of Risk had increased.

Many thanks to the CII, for providing the resources for a fun learning activity.

Miss Campbell

Deputy Director of Sixth Form