“Professional development with The Institutes opens doors and expands the horizon of opportunities available to you. Institute designation programs and courses teach you how to think more broadly and in the process help you gain recognition from your peers and management”

Randall Clinger, CPCU, ARe
Vice President, Head of Marketing Communications
Swiss Re America Holding Corporation

Insurance Fundamentals

Insurers’ day-to-day operations have many facets. By understanding the function of each aspect, from claim handling to underwriting, you’ll increase your effectiveness as a professional within the property-casualty insurance industry. After completing the Insurance Fundamentals courses, you’ll have a solid framework on all aspects of the insurance industry on which to continue to build your knowledge.

Available Insurance Fundamentals courses are listed below. Click each module name for information and a list of topics covered. For your convenience, you can take one, a few, or all of these courses. The choice is yours!

Catastrophe Claim Fundamentals
Catastrophe Claim Fundamentals provides you with a solid understanding of how to effectively process catastrophic claims. With the flexibility to learn through a self-study online course or printed studybook option, you will gain the knowledge needed for accurate, timely, and efficient claim-handling in response to catastrophic circumstances.

Claim Handling Fundamentals
Topics covered in this course include activities in the claim handling process, laws that influence claim handling practices, and more.

Insurance Ethics Fundamentals
Topics covered in this course include the importance of ethics to insurance professionals, ethical dilemmas insurance professionals can face, and more.

Insurance Business Fundamentals
Topics covered in this course include functions performed by insurers, main sources of revenues for insurers, and more.

Insurance Fraud Prevention Fundamentals
Topics covered include types of insurance fraud, motives for insurance fraud, and more.

Insurance Policy Fundamentals
Topics covered in this course include six common policy provisions of a property-casualty insurance policy, six reasons that a policy contains exclusions, and more.

Insurance Ratemaking Fundamentals
Topics covered in this course include the goals of insurance rate regulation, rate components, and more.

Insurance Regulation Fundamentals
Topics covered in this course include how insurance regulation protects consumers, regulatory activities of state insurance departments, and more.

International Insurance Fundamentals
After completing the Insurance Fundamentals courses, you’ll have a solid framework on all aspects of the insurance industry on which to continue to build your knowledge.

Reinsurance Fundamentals
Topics covered in this course include the six principal functions of reinsurance, the three sources of reinsurance, and more.

Risk Management Fundamentals
Topics covered in this course include the steps in the risk management process, four types of loss exposures, and more.

Surplus Lines Fundamentals
Surplus Lines Fundamentals provides you with a solid understanding of why this market is needed, how the surplus lines distribution system works, how surplus lines transactions are regulated, and how the surplus lines market is able to successfully underwrite risks that the standard market has declined.

Underwriting Fundamentals
Topics covered in this course include the underwriting process, state regulation of underwriting, and more.

We Recommend These Courses for: People in all functional areas of property-casualty insurance and reinsurance, managers or supervisors, customer service representatives, call center staff, and administrative and support staff.

Bottom-Line Benefits

  • Increase effectiveness by learning how to apply insurance fundamentals to everyday responsibilities
  • Improve ability to serve clients through a solid understanding of basic property-casualty insurance concepts

Level: Beginner

Cost: $20 per Professional Development Hour (PDH). Information on PDHs provided can be found here.
Phone: (800) 644-2101 (U.S. and Canada)
(610) 644-2100 (Outside the U.S. and Canada)
Fax: (610) 640-9576
Mail: The Institutes
720 Providence Road
Suite 100
Malvern, PA 19355-3433
Customer Service hours are Monday through Friday, 8:00 a.m. to 6:00 p.m. Eastern Standard Time.

For retail ordering information, contact Customer Service or shop online. Or take a look at our full catalog.

E-mail: CustomerSuccess@TheInstitutes.org
Phone: (800) 644-2101

Customer Service hours are Monday through Friday, 8:00 a.m. to 6:00 p.m. eastern time.

Interested in corporate multi-user information, volume discounts, or learning management system (LMS) compatibility? Contact the Institutes´ Regional Sales Executive in your area.


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