Course

Credit Type:
Course
ACE ID:
AICP-0082
Version:
3
Organization's ID:
API 29
Location:
Classroom-based
Length:
9 weeks (36 -- 54 hours)
Minimum Passing Score:
70
ACE Credit Recommendation Period:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 Personal Insurance or Insurance
This course is part of a sequence of courses for which students must successfully complete the requirements of all segments in order to receive credit recommendations. Successful completion of coursework includes enrollment in and successful passing of a final credentialing exam.
Description

Objective:

The course objective is to provide students with a working knowledge of personal insurance services, customer interaction, product and results management, and current societal issues involving personal insurance.

Learning Outcomes:

  • Manage portfolios of personal insurance, which include coverage for autos, residential property, and personal liability
  • Satisfy customers by developing insurance products, and understand and manage personal insurance profitability requirements

General Topics:

  • Forces that define personal insurance products and services
  • The personal insurance market
  • Developing personal insurance products
  • Underwriting profitability for personal insurance
  • Pricing personal insurance products
  • Reunderwriting personal insurance portfolios
  • Portfolio management technology
  • Responding to customers' changing needs
  • Responding to environmental changes
Instruction & Assessment

Instructional Strategies:

  • Case Studies
  • Practical Exercises

Methods of Assessment:

  • Examinations
Supplemental Materials
Equivalencies

Other offerings from American Institute For Chartered Property Casualty Underwriters/The Institutes