Online course: Introduction to Risk and Insurance

LOMA 20 Noiembrie 2017

Trainer: N/A

Detalii

This LOMA course explains the concept of risk and the various techniques that a person or organization can use to manage risk, including transferring risk through the mechanism of insurance. The course explains the characteristics that a risk must have in order to be insurable. Finally, the course adds critical details about how an insurer assesses and classifies the risks it is asked to insure, and discusses the requirement for insurability in life insurance known as "insurable interest."

Risk is the primary underpinning of the insurance and financial services industry. This overview is a must for employees just starting out in the industry, or for those involved in product design, marketing, actuarial, finance, underwriting, claims and customer service.

Language: English

The course is online and can be accessed both from computer and mobile devices.

Grup țintă

Employees of companies from the insurance and financial services industry.

Obiectivele cursului

  • Distinguish between speculative risk and pure risk
  • List several ways to manage financial risk
  • Identify the five characteristics of insurable risks
  • Define anti-selection and give examples of two factors that can increase or decrease the likelihood that an individual will suffer a loss
  • Define insurable interest and determine in a given situation whether the insurable interest requirement is met

Durata/Perioada

1 hour

The displayed period is indicative, being online the course is available at any time.

The course can be completed within 6 months of enrollment.

Investiție

The necessary investement for this course is of 54 USD+VAT/participant.

Aplică la curs
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