Overview
Description
Examination of risk management for property and liability exposures. Identification of property loss and liability exposures and discussion of available risk management methods, including commercially available insurance coverages. Problems in liability insurance markets and potential solutions discussed.
Requirements
Prerequisites
FIN 301
Original catalog text
Prerequisites
FIN 301.
Units
Lecture3
Catalog Details
Offering
Offered: Every Fall and Spring
Terms
fall, spring
Attributes
Standard
Learning Outcomes
- recognize and understand the commercial risk exposures faced by organizations today, both large and small.
- identify the commercial insurance policies needed to respond to the various risk exposures.
- articulate the operational functions of property-casualty insurers and their relationship to organizations purchasing their policies.
- articulate the operational functions of an insurance broker and their relationship to organizations needing their brokerage services.