Risk Management and Insurance
- This course promotes an understanding of individual and enterprise risk management and how the financial consequences of risk exposure can be managed using insurance, risk control and other
financing techniques. It specifically examines how insurance offers protection against major risks faced by enterprises and individuals, how the insurance market is structured, and how and why the risk management and insurance industry is regulated. The course also provides the theories and practical applications from the industry as well as issues related to the furtherance of insurance as a viable risk management solution. This course includes 15 hours of experiential learning component covered through interactions and discussions with professionals from the risk management and insurance industry.
Prerequisite: BUS 104
Course Syllabus - The course presents the basic principles of insurance, introduces insurance regulation, financial performance, marketing techniques, underwriting, claims, risk management, loss exposure and
insurance policies. This course will prepare students to take the AINS 21 exam towards a certification in general insurance.
Prerequisite: RMI 110 and ACC 122
Course Syllabus - Analyzes commercial coverage including property, business income, inland and ocean marine, crime, equipment breakdown, general liability, auto, worker’s compensation, and package policies. Satisfies the requirements for The Institutes AINS 23 examination within the Associate in General Insurance Path A Certification.
Prerequisite: RMI 110 and ACC 122
Course Syllabus - The principal objective of this course is to develop an in-depth and thorough understanding of the unique operations of an insurance company including regulation, underwriting, claims,
ratemaking, risk control, the financial accounting process and global strategies (including the use of reinsurance) of an insurance organization. The course will prepare students to take the CPCU 552 exam towards a certification in general insurance.
Prerequisite: RMI and ACC 122
Course Syllabus