C120: Underwriting Essentials

Please note that the final examination for this course is a computer-based exam.

Underwriting Essentials is addressed to the beginning underwriter. You will begin with an overview of the underwriter’s role as an investor of shareholder capital on behalf of the insurer. You will see how that role has evolved and how the underwriter accepts or rejects risk for the insurer within parameters both set by the insurer and imposed by the external environment.

Underwriting Essentials also covers the many types of detailed knowledge, the "hard" and "soft" skills, and the temperament an underwriter needs to develop to succeed. You will see these characteristics applied in the analysis of individual property, liability and automobile risks.

Course Note: Before you take C120: Underwriting Essentials, we strongly recommend that you have taken the following courses: C11: Principles and Practice of Insurance, C12: Insurance on Property, C13: Insurance Against Liability—Part 1 and C14: Automobile Insurance—Part 1.

Course Outline

• Introduction to underwriting
• Underwriting the risk: overview
• Underwriting the applicant
• Underwriting the risk: property
• Underwriting the risk: liability
• Underwriting the risk: automobile
• Pricing the risk
• Underwriting relationships
• The underwriting environment
• The underwriting temperament

Who Should Register

All insurance courses offered by The Insurance Institute are designed for individuals who want to attain a highly recognized and respected professional designation in the p&c industry. The professional designation Chartered Insurance Professional (CIP) is recognized across Canada and elsewhere around the world as the benchmark of insurance professionalism.

Underwriting Essentials is for industry professionals, including brokers and agents, underwriters and adjusters, who want a comprehensive p&c education and the skills and knowledge required to advance their careers.

Course Offerings

Distance Learning

Name Start Date End Date Method  
C120: Underwriting Essentials/C120: Les rudiments de l'appréciation du risque 9/1/2018 12/5/2018 Independent Study

In-Class and Virtual Learning

Name Location Start Date End Date Class Time Delivery Method  
C120 Les rudiments de l'appréciation des risques IADQ - WEB 9/10/2018 11/26/2018 18h30 à 21h30 Est Internet
C120: Underwriting Essentials (Evening) Vancouver 9/11/2018 11/20/2018 5:15 - 8:15 p.m. PST Classroom
C120: Underwriting Essentials (Virtual) Vancouver 9/12/2018 11/21/2018 6 - 9 p.m. PST Virtual
C120: Underwriting Essentials (Evening) Saskatoon 9/12/2018 11/28/2018 5:30-8:45 p.m. MST Classroom
C120: Underwriting Essentials Guelph 9/12/2018 11/27/2018 5:15 pm to 8:30 pm Classroom
C120:Underwriting Essentials (Evening) Toronto 9/13/2018 11/29/2018 5:30 - 8:30 p.m. EST Classroom
C120: Underwriting Essentials (Evening) Toronto 9/13/2018 11/29/2018 6:30 - 9:30 p.m EST Virtual
C120: Underwriting Essentials (Evening) Regina 9/13/2018 11/29/2018 9:00 - 9:15 p.m. MST Classroom
C120: Underwriting Essentials - Fall 2018 Charlottetown 9/19/2018 11/28/2018 6:00 pm Atlantic Virtual
C120: Underwriting Essentials (Evening) Halifax 9/19/2018 11/28/2018 6:00 pm Atlantic Virtual
C120: Underwriting Essentials (Evening) Calgary 9/19/2018 11/28/2018 6 - 9 p.m. MST Virtual
C120: Underwritting Essentials Edmonton 9/19/2018 11/28/2018 6:00 - 9:00pm MST Virtual
C120 Underwriting Essentials - Fall 2018 St. John's 9/19/2018 11/28/2018 6:30 pm NL Combined
C120: Underwriting Essentials New Brunswick 9/26/2018 11/30/2018 5:30pm AST Virtual
C120 Les rudiments de l'appréciation du risque Lévis 9/29/2018 11/24/2018 08h30 à 16h30 Est Classroom
C120: Underwriting Essentials (Weekend) Kitchener 11/9/2018 11/25/2018 Friday 6 - 9 p.m.EST Classroom