Course Course Summary Section 1 Content Section 1 Content Left Section 1 Content Right Credit Type: Course ACE ID: AICP-0122 Organization's ID: CPCU 500 (AICP-0122) Organization: American Institute For Chartered Property Casualty Underwriters/The Institutes Location: Hybrid Length: Self-paced (4-6 weeks) Dates Offered: 1/1/2022 - 12/31/2025 8/1/2017 - 12/31/2021 8/1/2015 - 7/31/2017 1/1/2011 - 7/31/2015 Credit Recommendation & Competencies Section 2 Content Section 2 Content Left Section 2 Content Right Level Credits (SH) Subject Lower-Division Baccalaureate 3 principles of risk and insurance Description Section 3 Content Section 3 Content Left Section 3 Content Right Objective: The course objective is to enable the student to acquire knowledge of the principles and practices of risk management and insurance. Learning Outcomes: describe and evaluate the risk management environment, the risktech ecosystem, emerging technologies, and smart products and operations have a foundational knowledge regarding processes for managing risk, classifications and categories, objectives and benefits and basic risk measures explain holistic risk identification, risk identification as a team, traditional accident analysis, and root cause analysis explain risk treatment fundamentals, the evolution of risk treatment, risk treatment applications, how insurance is used to treat risk, noninsurance contractual risk transfer, and large deductible plans understand sources of property risk, natural disaster loss control, line safety, valuing physical property, management liability risk, and human resource risk explain operational risk categories, operational risk indicators, self-assessing operational risk, and emerging technology and operational risk explain the types of financial risk, assessing a balance sheet, and securitization understand the basics of strategic risk, strategic management, risk and strategy, applying strategic risk management understand probability analysis, estimating volatility, value at risk and earnings at risk, trend analysis, and analyzing event consequences explain big data for risk management, traditional data analysis, modern data analysis, using data to make decisions understand the fundamentals of effective communication, communicating and collaborating about risk, fundamentals of effective collaboration, collaborating with experts about risk, and delivering your message General Topics: Embracing RiskTech Creating a stronger RM foundation Identifying and analyzing costly risks Leveraging tech and insurance Preparing for hazards Uncovering operational risks Making sense of financial risk Optimizing risk for strategic advantage Breaking down risk modeling Diving into data Building consensus Instruction & Assessment Section 4 Content Section 4 Content Left Section 4 Content Right Instructional Strategies: Case Studies Practical Exercises Methods of Assessment: Examinations final exam Minimum Passing Score: 70% Supplemental Materials Section 5 Content Section 5 Content Left Section 5 Content Right Section 6 Content Section 6 Content Left Section 6 Content Right Button Content Rail Content 1 Other offerings from American Institute For Chartered Property Casualty Underwriters/The Institutes Addressing Commercial Liability Risk (AICP-0052) Addressing Commercial Property Risk (AICP-0051) Claims in an Evolving World (AICP-0127) Connecting the Business of Insurance Operations (AICP-0053) Developing Personal Insurance Solutions (AICP-0098) Evaluating Commercial Underwriting Risks (AICP-0139) Exploring Reinsurance Products and Transactions (AICP-0104) Holistically Assessing Risk (AICP-0158) Impacting the Bottom Line of Insurance Financials (AICP-0056) Increasing Your Insurance IQ (AICP-0156) View All Courses Page Content