Fit for Insurance Online Course

This online program deepens the knowledge of newcomers and career changers of the international insurance industry.
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Fit for insurance e1663684084251
Seminar
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Programme overview

Over a period of five weeks (with a time investment of 3.5 hours per week), this online seminar will deepen your understanding of how the insurance industry works and the challenges it faces today. In compact units, you will gain a basic understanding of the structures of national and international insurance markets and the special features of market services in life and non-life insurance. The processes of product development, sales and claims management are explained. This will prepare you to understand better the technical and financial aspects of insurance management.

Contact person

Learn more about the programme in a personal conversation.

Andreina Zink

Andreina Zink Seminarmanagement

Programme details

Programme type

Seminar

Format

Online

Language

English

Duration

5 weeks (3.5 hours per week)

Location

Online

Price

CHF 1'900 If your company is a member of the Future.Value partner network of the I.VW-HSG, you may benefit from free places. Please contact us for further questions.

Target group

Board, C-Level, Functional Manager, Functional Specialist, High Potential, Owner/Entrepreneur, Senior Manager

Next date

Start date: 19.08.2024
Application deadline: 09.08.2024
places available

Objective

This short seminar gives you an overview of the structures of national and international insurance markets and the special features of insurance-specific market services and business processes. You will acquire the fundamentals of insurance and finance and discuss the significance and impact of current industry topics.

Target Group

This online course is aimed at professionals or managers with limited industry knowledge and career changers who want to gain an overview of the structures of national and international insurance markets and the characteristics of insurance-specific market services and business processes.

Benefits

  • Insurance management expertise: We provide you with the latest insights and trends in the insurance industry and you benefit from renowned lecturers from the Institute of Insurance Economics at the University of St.Gallen.

  • In-depth industry overview: This unique short course will give you a professional insight into the key markets, products and mechanisms of the insurance industry, enabling you to act competently and effectively in your professional environment.

  • International perspectives: The broad mix of insurance participants brings together a variety of perspectives from different countries, business lines and companies, enabling an enriching exchange of current best practices and challenges.

  • Certificate of participation: By attending this seminar, you will engage with faculty and industry peers on topics relevant to the industry. Upon successful completion, you will receive a certificate from the University of St. Gallen (HSG).

 

Online Learning Methodology

This course is 100% online. The learning methodology is designed for distance learning and consists of three parts:

  • Flexible learning: Before the course starts, you will be given access to the I.VW-HSG online learning platform to participate in the live sessions. This will allow you to prepare for each module, interact with colleagues and learn at your own pace.

  • Live faculty sessions: You can log into each virtual session from the comfort of your home, office or on the road. Each session lasts approximately 3.5 hours with the professor. During the live session, you will actively engage with other participants to share ideas, give feedback or solve problems. Please allow an additional 0.5 hours per session for preparation and follow-up.

  • Knowledge transfer: You will have the opportunity to test your knowledge of the session, as well as the documents and videos for each unit, with a multiple-choice assessment. You will be able to formulate concrete measures for your work, so that you can put your learning directly into practice.

Course Structure

Over a period of 3 consecutive weeks, you will attend a 3.5-hour virtual lecture twice a week. You should allow a further 0.5 hours per week for preparation and wrap-up. In order to receive a certificate of participation, you must attend at least 50% of the virtual lectures.

Expect the following topics and dates:

Insurance Markets

Prof. Dr. Martin Eling
Monday, August 19, 2024 | 1.30 – 5.00 pm (CET)

  • What is the business model of an insurance company?

  • What is needed to deliver this product to a client?

  • The main eco-systems (e.g. mobility, old age, health, house / living)

  • Insurance market overview

Insurance Products

Prof. Dr. Martin Eling
Thursday, August 22, 2024 | 1.30 – 5.00 pm (CET)

  • Main types of life and non-life insurance

  • Main cover structures used in the insurance industry

  • Reinsurance and Alternative Risk Transfer

Insurance Value Chain & Trends

Prof. Dr. Martin Eling
Monday, August 26, 2024 | 1.30 – 5.00 pm (CET)

  • The insurance value chain

  • Challenges of the insurance industry

  • The big elephant in the room: ESG

  • Hypothesis on Digital Transformation (Blockchain, AI, Big Data, Cyber)

Insurance Processes

Prof. Dr. Martin Eling
Thursday, August 29, 2024 | 1.30 – 5.00 pm (CET)

  • Distribution
  • Underwriting
  • Claims
  • Asset Liability Management
  • Risk & Capital Management

Insurance Techniques

Prof. Dr. Martin Eling
Monday, September 2, 2024 | 1.30 – 5.00 pm (CET)

  • Pricing
  • Reserving
  • Key Performance Indicators

Academic Lead

In order to ensure didactic quality and continuity, this online course is led by Prof. Dr. Martin Eling as Academic Lead. In addition, he invites speakers from practice and academia, depending on the topic of the module.

Martin Eling K 1
Prof. Dr. Martin Eling

Full Professor of Insurance Economics

Martin Eling is doing empirical research in the intersection of insurance management, mathematics, and economics. After his doctoral degree in 2005 he joined the I.VW as a postdoctoral researcher. In 2008 he was visiting professor at the University of Wisconsin-Madison. Then in 2009 he was appointed Professor of Insurance at the University of Ulm. Since November 2011 he is Director of the I.VW and holds the Chair for Insurance Management at the University of St.Gallen. The Chair was established with support of the Swiss insurance industry.

Testimonials

«We are very happy with this dynamic course and a number of our employees have spoken highly of their experience in class and especially with Prof. Martin Eling’s clear and lively teaching style.»

Kai Zhang, Vice President, Swiss Re Insitute

Application

Want to secure your spot in this program? Please use our online application form.

Note: The basic seminar is also offered in German. If you are interested, you can find more information here.

Study place quota for Future.Value partners

Around 40 insurance companies belong to the institute's own Future.Value partner network, for which a contingent of free places is available within the contractual framework. If your company is a member of the I.VW-HSG Future.Value partner network and you would like to take advantage of a free place, please make a note of this when you register. Here you will find a list of our partner companies.

Contact
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Do you require further information?

I am gladly available for you and look forward to hearing from you.

Andreina Zink

Andreina Zink Seminarmanagement

Why University of St.Gallen

The HSG - your partner for first-class executive education in Switzerland

At the University of St. Gallen (HSG), you can choose from one of the largest executive education portfolios in the German speaking region – the right programme for your needs and career objectives. The renowned quality and practical relevance of the learning experience convinces more than 6000 participants per year. Profit from an Executive Degree from St.Gallen – the best business school in the German-speaking world – and get ahead in your career!

  • For high-quality teaching and executive training by top researchers

  • For competent executives

  • For Lifelong Learning

  • For international collaborations

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