Risk and Insurance

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Level: Intermediate

Why you need this course:
After completing this course, you'll be able to analyze your state's insurance regulations.

Upon successful completion of this course, you should be able to:

  • Explain how hazard risk differs from business risk and what risk management techniques can be used to manage risk.
  • Describe the parties to, benefits of, and costs of insurance.
  • Describe the claim department structure, types and functions of claim personnel, and claim personnel performance measures.
  • Describe each of the different insurance company functions and their purposes.
  • Summarize the following aspects of insurance regulation:
    • The three major federal statutes that regulate insurance and their significance
    • The role of the NAIC in insurance regulation
    • The purposes of insurance regulation
    • The activities of insurance regulators
    • The types of insurance regulation
  • Identify what the NAIC annual statement contains and why that information is important.
  • List types of entities that require consolidated financial statements and why.

Cost: $20 per Professional Development Hour (PDH). Information on Professional Development Hours (PDH) provided can be found here.

Risk and Insurance Topics Include:

  • How hazard risk differs from business risk and what risk management techniques can be used to manage risk
  • The parties to, benefits of, and costs of insurance
  • Claim department structure, types and functions of claim personnel, and claim personnel performance measures
  • Different insurance company functions and their purposes
  • Aspects of insurance regulation, including:
    • Three major federal statutes that regulate insurance and their significance
    • The role of the NAIC in insurance regulation
    • The purposes of insurance regulation
    • The activities of insurance regulators
    • Types of insurance regulation

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 Success is available Monday through Friday, 8 a.m. to 6 p.m. eastern time.

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

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

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

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


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