B210: Commercial Insurance Essentials

This class was created by Brainscape user Berenthia Smith. Visit their profile to learn more about the creator.

Decks in this class (4)

Study 1: The Commercial Insurance Context
Describe factors that are leading to the evolution of business. Describe they key players in Canadian commercial insurance. Describe key components that impact the insurance Industry's market dynamics. Describe the bodies that regulate the Canadian commercial insurance industry and the main objectives of the regulations. Describe themes that are becoming increasingly relevant as the commercial insurance industry evolves.
55  cards
Study 2: Commercial Insurance Stakeholders
Describe the roles and responsibilities of commercial insurance professionals. Provide an overview of predominant commercial industries. identify general business characteristics that affect a commercial client's insurance solutions. Discuss essential workplace skills needed for building strong professional relationships.
35  cards
Study 3: Risk Management and Commercial Insurance
Explain the relevance of risk management in commercial insurance. Describe the risk management process for commercial entities. Describe the four areas of hazard risk loss exposure.
28  cards
Study 4: Identifying Exposures
Identify stakeholder priorities when identifying exposures. Describe the key components of identifying exposures, including how a critical approach can be used to clarify objectives and recognize challenges, and the tools used to identify exposures. Given a scenario, describe how insurance professionals help a commercial client identify net income exposures.
8  cards

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B210: Commercial Insurance Essentials

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