Description
This course provides an introduction of the economic foundations of the insurance business. Managerial questions along the value chain of insurance providers will be analyzed. Current developments will be explained and economic interrelation will be discussed. Among the topics to consider are institutional foundations, insurance regulation, insurance distribution as well as current issues like the digital transformation of the insurance sector and the handling of cyber risks.
Main Objectives
- Getting to know the central institutional characteristics of the insurance sector and their impli-cations for its management.
- Become familiar with the regulatory framework of the insurance business.
- Be aware of key developments and challenges arising from new technologies and risks and their economic significance for the industry.
Course Outline
| Module I: | Insurance Industry Foundations |
| Module II: | Insurance Regulation & Supervision |
| Module III: | Insurance Distribution |
| Module IV: | Insurance Products & Marketing |
| Module V: | Current Challenges: Digitalization & Cyber Risks |
Timeline
Detailed information on the timeline of the lecture can be found in the syllabus.
- Trainer/in: Stephanie Müller