Course

Course Summary
Credit Type:
Course
ACE ID:
AICP-0106
Organization's ID:
ASLI 164
Organization:
American Institute For Chartered Property Casualty Underwriters/The Institutes
Location:
Classroom-based
Length:
12 weeks (48 -- 72 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Upper-Division Baccalaureate 3 Insurance or Business Administration
Description

Objective:

The course objective is to enable the student to understand the types of insurance commonly written in the United States surplus lines insurance market, in which nonadmitted insurers (insurers not licensed in the insured's home state) are permitted to insure risks that cannot obtain coverage in the standard insurance market.

Learning Outcomes:

  • Describe and recommend appropriate surplus lines insurance coverages for the customers who cannot obtain insurance in the standard insurance market

General Topics:

  • Overview of surplus lines insurance products
  • Commercial property insurance
  • Business income insurance and other indirect loss coverages
  • Inland marine, ocean marine, and aviation insurance
  • Commercial general liability insurance
  • Commercial auto insurance
  • Management liability insurance
  • Professional liability insurance
  • Environmental and cyber risk coverages
  • Commercial excess and umbrella liability insurance
  • Personal insurance
Instruction & Assessment

Instructional Strategies:

  • Case Studies
  • Practical Exercises

Methods of Assessment:

  • Examinations

Minimum Passing Score:

70%
Supplemental Materials