RMI 505 - Risk Management and Insurance Fundamentals

An introduction to risk management. Risk management concepts including risk assessment, control, and financing are taught. Students will learn how to analyze insurance policies and use insurance as a risk management technique for individuals and enterprises. The course also presents an overview of insurance operations including regulation, ethics, marketing, underwriting, actuarial operations, and reinsurance. The material covered in this course prepares students for the Chartered Property Casualty Underwriter (CPCU) exams associated with the CPCU 500, CPCU 520 & ERM 57 courses.