Insurance only makes sense if you understand why it exists. This course lays the foundation for everything that follows in underwriting, accounting, regulation, and risk management.
You will learn how insurance solves real economic problems, how risk is transferred and pooled, and why premiums, losses, and underwriting discipline matter.
This is the starting point for anyone new to insurance, or anyone who works in insurance but never got the big-picture explanation.
By the end of this course, you will be able to:
Without this foundation, insurance accounting and regulation feel like arbitrary rules. With it, everything, from statutory accounting to RBC to reinsurance, starts to make sense.
This course gives you the mental model you will use throughout the entire curriculum.
None. This course is designed for beginners.
This is a Foundation-level course and the recommended entry point for all learners.