Fundamentals of Insurance Overview
COURSE INFO
Acquire a solid understanding of property
and casualty insurance as a key risk financing tool. This course will
cover insurable risks, the insurance transaction, liability concepts, standard
property and casualty insurance policies, and best practice approaches in
protecting an organization through insurance.
WHAT YOU WILL LEARN
- Explain the basic concepts of insurable risk and its treatment through the insurance mechanism
- Mitigate an organization’s risks by more effectively using insurance as a key risk management tool
- Define fundamental legal principals of insurance
- Describe the key concepts that underlie typical insurance transactions
- Review insurance contracts to maximize coverage and minimize cost to an organization
- Gain knowledge of the commercial insurance industry needed to assess and ensure its alignment with an organization’s strategies
- Recognize and minimize general liability loss exposures
| Price | RIMS Members: $129 USD Non-Members: $199 USD | |
| RIMS Core Competency Category | Risk Management Knowledge | |
| Level | Entry | |
| Language | English |