These areas include underwriting, marketing, pricing, reinsurance, accounting contracts and investments. Emphasis is given to understanding the strategy and vision that property-liability insurers incorporate and how they affect operations, and how insurers are implementing new technology in distribution systems. The design and financing aspects of individual benefits, ranging from health care to dependent care to pensions are examined in meeting the business and individual needs of a diverse work force. This course examines the scientific approach to the problem of dealing with risks that companies face today. Students will learn to develop comprehensive risk management plans incorporating identification, control, and financing of all corporate risks.
Emphasis is given to today's global marketplace and the risks faced by multinational firms.
Since risk management is usually a multi-disciplinary team effort, all assignments and class discussions will involve teamwork.