Introduction to insurance

Bag code: BUSI25525024 Days: 5 days "Today’s training: 5 hours" Time: 25 training hours Targeted participants: Insurance company employees, insurance brokers and agents, all employees of the insurance department in hospitals and medical centers, all employees of the insurance department in companies and institutions, risk management staff in various types of facilities, finance department staff in various types of facilities and those whose work is related to insurance, those interested in working in the insurance market, all those wishing for academic and scientific qualification in the field of insurance. Program overview: This program revolves around an introduction to insurance (definition – types – characteristics – objectives – advantages – disadvantages, etc.) and will be presented through the following units: First training unit: Concept of insurance and its types. Second training unit: Principles of insurance and risk assessment. Third training unit: Insurance companies and insurance markets. Fourth training unit: Pillars and stages of concluding an insurance contract. Fifth training unit: Organizing compensations and risk management. Program objectives: To follow up on the trainee’s understanding of insurance and its role in protecting individuals and institutions. To mention the trainee’s understanding of the concept of risk and the challenges faced by insurance companies. To summarize the trainee’s understanding of the essential elements in an insurance contract. To use the trainee’s understanding of probability and its applications in estimating insurance risks. To discuss the trainee’s understanding of the role and importance of insurance companies in the economy. To support the trainee’s knowledge of different types of insurance markets. To consider the elements of an insurance contract. To infer the trainee’s understanding of the characteristics of an insurance contract. To alert the trainee to the principles of organizing compensations and payment systems in insurance. To experience the trainee’s application of risk management strategies in insurance. Program topics: First unit: (Concept of insurance and its types) Definition of insurance and its role in protecting individuals and institutions. Analysis of types of insurance. Concept of risk and challenges faced by insurance companies. Techniques and methods used in risk assessment and cost determination. Second unit: (Principles of insurance and risk estimation) Principles of insurance law and their importance in insurance contracts. Basic elements of an insurance contract. Strategies for risk estimation and data analysis to determine appropriate insurance costs. Concept of probability and its applications in estimating insurance risks. Third unit: (Insurance companies and insurance markets) Role and importance of insurance companies in the economy. Organizational structure of insurance companies and their various functions. Different types of insurance markets. Current challenges and trends in the insurance industry and their impact on companies and consumers. Fourth unit: (Pillars and stages of concluding an insurance contract) Elements of an insurance contract. Pillars of an insurance contract. Characteristics of an insurance contract. Stages of concluding an insurance contract. Fifth unit: (Organizing compensations and risk management) Principles of organizing compensations and payment systems in insurance. Techniques and methods used in damage assessment and compensation determination. Risk management strategies in insurance. Legal and ethical challenges and issues related to risk management in insurance. Contents of the bag: PowerPoint 150 Trainer’s guide 127 Trainee’s guide 111 Activities 12 Introductory guide 4 References 3 Assessment and data forms 6 Pre- and post-test 6 Videos 3 Photos 10 Mind maps 1 Brochure 1 Bag contents: 12 Training bag model Please click here to view the training bag model