Risk Management: Insuring Against Risk

How do you decide which type of insurance is most suited to your current risk management needs for your business?

Published by

Saved For Later

Confident you have the skills to certify without completing the course content?

Learning Outcomes

After completing this course you will be able to:

Explain types of insurance and insurers
Define the law of large numbers (LLN) as the essence of insurance
Summarize why certain risks cannot be insured by private insurance companies
Describe the functions of governmental insurance organizations
Discuss various marketing activities within different segments of the insurance industry
Explain how insurance agents and brokers differ
Outline the main features of the underwriting and claims adjustment processes
Summarize the role of actuaries in insurance operations
Demonstrate how reinsurance works
Discuss ethical considerations when making representations to underwriters

Published by

Positive learner ratings

Learners Courses

Earn credentials that matter: Anyone can say they’re learning. A CPD-accredited Alison Certificate proves you followed through.
Get an edge over others: Add your Certificate to your CV, LinkedIn, and Alison Profile to strengthen job applications and promotion opportunities.
Show you’re serious about growth: A Certificate signals initiative, commitment, and a willingness to keep learning; qualities employers actively look for.