The insurance industry has its share of risks and opportunities. While providing risk coverage to individuals and businesses, insurers are striving hard to manage their own risks in the wake of natural and human-made disasters, financial setbacks, and governance scandals. As margins are squeezed in the face of low underwriting profitability and the cushion of investment returns begins to shrink, insurance companies are looking to sharpen their marketing efforts, cut overheads, and reduce claims leakage. They are also finding ways to optimize the use of technology to cope with the changing regulatory and competitive landscape, and capitalize on opportunities thrown open by emerging markets. This course provides insight into the insurance industry and presents a report on the state of industry affairs. It provides a broad overview of the insurance industry environment, including its key sectors and players, business model, and trends, and navigates learners through relevant regulatory and business issues and challenges. Finally, it examines strategic solutions that successful companies are employing to overcome industry challenges.
Consulting houses, corporations, and small-to-medium-sized enterprises that sell products or services to companies in the insurance industry; companies looking for knowledge and key business information about the insurance industry