Branch - Commerce
Insurance is an important risk management investment involving both, life and health insurance and all other general insurance. A study of the various products, premiums and claims, and the industry processes is essential for any insurance industry employee. According to a Outlook Money report, the premiums in the insurance industry are expected to double in the year 2020 and further grow in the coming years. This would increase the demand for insurance professionals.
Insurance and Risk Management is a course that prepares students for entry-level jobs in the insurance industry helping them to understand the various insurance products offered, the mandatory and non-mandatory products, how to manage risk and the investment potential of insurance policies. The students can get employment with insurance companies and with brokers.
The hands-on experience would be delivered through practical knowledge-oriented projects that would entail knowledge and information on insurance products, documentation for policies and claims, and study of insurance contracts. To implement the hands-on projects, students would need access to Microsoft Office/Open Office/Libre Office.
The above mentioned hands-on configuration will be leveraged by the students to complete the industry assignment as well as to complete the Part B section of the summative assessment.+ Read More - Read Less