Insurance
Aims and Key Topics
- To explore essential concepts of insurance industry.
- To provide participants with the basic knowledge of the following:
- The definition of risk and types of risks.
- The principles of basic insurance.
- The practice of insurance and the issuance of documents.
- Introduction to the branches of insurance.
- Methods for marketing insurance.
- Introduction to accounting practices for insurance companies.
- To improve technical and practical skills pertinent to the insurance sector.
- To gain knowledge of the most up-to-date skills for insurance sector-related professional development.
Target Group
- Graduates of colleges and universities who want to advance career opportunities with insurance companies.
- Employees of insurance companies who want to develop their skills to improve performance and broaden career opportunities.
Program overview
- An overview of the origins of insurance:
- Insurance Services as a sector.
- Definition of risk.
- Definition of protection.
- The value of insurance.
- The basic rules of insurance:
- The benefits of insurance.
- Insurable Risks.
- Self-insurance.
- The main principles in insurance.
- Procedures for the issuance of insurance policies:
- The insurance application form.
- Document insurance.
- Notices of coverage and certificates of insurance.
- Renewal.
- IPO hazard.
- Premium.
- Claims.
- The branches of insurance:
- Marine Insurance.
- Aviation insurance.
- Property Insurance.
- Engineering Insurance.
- Insurance liabilities.
- Insurance of various incidents.
- Life insurance and savings contracts.
- Health Insurance.
- Vehicle Insurance.
- Insurance and travel document.
- Energy Insurance.
- Marketing Insurance
- Insurance Market:
- Insurance Brokerage .
- The sale and purchase of insurance.
- Creation of agencies.
- Duties of agent.
- The responsibility of the agent.
- Maintaining works.
- Financial Management for Insurance Companies:
- Accounts and Accounting.
- Budgeting.
- Investments for Insurance Companies.
- Customer Guarantees.
Program duration
5 weeks. Approximately 10 study hours per week or total of about 50 study hours.
Assessment methods
In order to complete the course successfully you will be required to submit one short essay (c.1000 words) and achieve an overall passing grade.
Certification
To be awarded the certificate, you must satisfactorily complete all written contributions. Successful students will receive the Diploma, awarded by the Board of Studies of AIES Department for Higher education. In addition, all students that successfully complete the program will receive transcripts detailing coursework.