What Do You Study in Insurance?
Insurance covers the principles and practices involved in protecting individuals and organisations against financial losses arising from uncertain events. Students develop knowledge of how insurance operates as a business and as a means of managing risk.
Major Areas of Study
- Principles of insurance
- Risk management
- Insurance operations
- Insurance claims
- Insurance underwriting
- Insurance marketing
- Financial management
- Insurance law and regulation
- Life insurance
- General insurance
- Reinsurance
- Insurance administration
Understanding Risk
Risk is central to the study of Insurance. Students learn about different types of risks and the ways individuals and organisations can manage their potential financial effects.
Insurance Operations
The course also introduces students to the processes through which insurance organisations operate, including policy administration, assessment of risks and handling of claims.
Business and Finance
Because insurance is also a financial service, students can encounter areas related to finance, economics, business management and the administration of insurance organisations.
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