General Insurance & Risk Management
Course Description
This single-unit Award is ideal for those starting their careers in the insurance sector. It helps develop a basic understanding of insurance principles, procedures and products including the main legal principles related to insurance contracts, the main regulatory principles related to insurance business and key aspects of ethics, corporate governance and internal controls.
1- Understand the nature and main features of risk and insurance
2- Know the structure and main features of the insurance market
3- Understand the main legal principles governing insurance contracts
4- Understand the main regulatory and legal principles applicable to the transaction of insurance business
5- Know key aspects of ethics, corporate governance and internal control
Course Overview
- Basic principle of insurance
- Main legal principles related to insurance contracts
- Key elements to protect consumers
- Main regulatory principles related to insurance business
Course Outcomes
- Understand the risk and transfer of the risk to insurance
- Get an entry level job in the insurance industry
- Understand insurance policies that will help you in your current job role
