Integrated Insurance Applications

Course description

In this course students will gain an appreciation of the reason for the existence of the insurance industry. Students will gain a deeper understanding of the challenges facing senior management in the insurance industry, as well as philosophical questions such as the role of insurance in society and the way business is conducted. The structure and interdependence of industry members are discussed, along with the market forces that shape the marketplace and the regulatory structure. Throughout this course, we will explore the insurance industry's relationship with its external environment and examine international issues. A unique set of financial concepts will be introduced, and students will learn about insurance marketing, product pricing, broker-insurer relationships, and regulatory environments. Economic issues surrounding insurance and pricing of product & service are also studied. This course emphasizes the central principle that the industry in Canada is based on trust, and ethical behaviour is an essential part of the many industry relationships that drive the insurance transaction forward. This course builds on everything students have learned in their insurance studies. The purpose of this course is to integrate the knowledge students have learned and show how it all ties together.

Course details