Description

What function(s) do you perform inside a company, and how are these functions related? Find out more about how to use cutting-edge executive tactics to improve company operations and foster business success. You will discover strategic decision-making techniques in the Insurance Company Operations course for meeting compliance standards, satisfying regulatory requirements, developing products, underwriting them, distributing and promoting them, and performing other crucial business operations. Executive and Financial Management Executive-level strategies used to determine insurance company structure and regulations and compliance requirements unique to the insurance business. Product Development Sources of new insurance product development, modifications of existing products, and how to create insurance coverage for emerging industries. Underwriting The importance and value of underwriting to an insurance company including types of reinsurance method, the role of the loss control and safety specialist, and the auditor’s responsibilities. Claims Management The purpose and function of the claims process and how a claims department interacts within a company. Product Distribution Services that affect policyholders including the appointment of insurance agencies, product delivery methods, and around-the-clock customer service.