The Risk Management Institute provides risk management staff members with an opportunity to gain an extensive understanding of their responsibilities, continually broaden their skill set, expand their peer network and identify resources to help solve local challenges. It is open to South Carolina Municipal Insurance Trust and South Carolina Insurance and Risk Financing Fund members. There is no fee to participate.
 
To successfully complete the Institute, individuals must attend eight classes — four core courses and four electives — within three program years. Each year, the Institute offers two of the core courses along with four electives (two for each program). Members of both SCMIT and SCMIRF can choose their two required electives from the four offered each year.