Course 1 Vocab Flashcards

Decks in this Class (16):

• Introduction To Risk Management

  Introduction to Risk Management

  Sample Cards:

  probability,

  loss exposure,

  hazard
  18 Cards
  Preview Flashcards
• Risk Control

  Risk Control

  Sample Cards:

  risk control,

  avoidance,

  loss prevention
  9 Cards
  Preview Flashcards
• Risk Financing

  Risk Financing

  Sample Cards:

  retention,

  transfer,

  primary layer
  24 Cards
  Preview Flashcards
• Enterprise Wide Risk Management

  Enterprise-Wide Risk Management

  Sample Cards:

  pure risk,

  speculative risk,

  chief risk officer
  4 Cards
  Preview Flashcards
• Insurance As A Risk Management Technique

  Insurance as a Risk Management Technique

  Sample Cards:

  fortuitous loss
  1 Cards
  Preview Flashcards
• Overview Of Insurance Operations

  Overview of Insurance Operations

  Sample Cards:

  proprietary insurer,

  mutual insurer,

  reciprocal insurance exchange interin...
  10 Cards
  Preview Flashcards
• Insurance Marketing And Distribution

  Insurance Marketing and Distribution

  Sample Cards:

  producer,

  market intelligence,

  underwriting cycle
  11 Cards
  Preview Flashcards
• The Underwriting Function

  The Underwriting Function

  Sample Cards:

  policyholders surplus,

  capacity,

  underwriting authority
  38 Cards
  Preview Flashcards
• Underwriting Property And Liability Insur

  Underwriting Property and Liability Insurance

  Sample Cards:

  frame construction,

  joisted masonry construction,

  mill construction
  41 Cards
  Preview Flashcards
• Risk Control And Premium Auditing

  Risk Control and Premium Auditing

  Sample Cards:

  premium audit,

  exposure unit unit of exposure,

  loss costs
  7 Cards
  Preview Flashcards
• Overview Of The Claim Function

  Overview of the Claim Function

  Sample Cards:

  third party administrator tpa,

  independent adjuster,

  loss ratio
  21 Cards
  Preview Flashcards
• Adjusting Property And Liability Claims

  Adjusting Property and Liability Claims

  Sample Cards:

  depreciation,

  broad evidence rule,

  agreed amount
  24 Cards
  Preview Flashcards
• Reinsurance

  Reinsurance

  Sample Cards:

  reinsurance,

  primary insurer,

  reinsurer
  60 Cards
  Preview Flashcards
• Insurer Strategic Management

  Insurer Strategic Management

  Sample Cards:

  mission statement,

  swot analysis,

  functional structure
  21 Cards
  Preview Flashcards
• The Underwriting Cycle

  The Underwriting Cycle

  Sample Cards:

  profit cycle,

  structural change,

  operating ratio
  11 Cards
  Preview Flashcards
• Actuarial Data Management

  Actuarial Data Management

  Sample Cards:

  metadata,

  statistical plan,

  statistical agent
  13 Cards
  Preview Flashcards