Insurance Basics, Underwriting, and Actuarial Practices
Overview/Description Target Audience Expected Duration Lesson Objectives Course Number Overview/Description
The global insurance industry provides protection for corporations, groups, and individuals, ensuring that risk can be mitigated and losses, if any, can be recouped. There are basic concepts associated with insurance, underwriting, and actuarial practices. These concepts form the basis for a thorough understanding of the practical uses of insurance, the purpose of risk assessment and mitigation, and the role played by insurance companies and their employees. This course presents a high-level overview of the basics of insurance, risk assessment, underwriting, claims, and actuarial science.
Financial services professionals, consultants, and sales professionals interested in providing or selling products and services to insurance companies and banks, and everyone interested in knowing about insurance products, processes, and practices