F510: Strategy in the P&C Insurance Industry

This course is not available for registration at this time. Please see the Key Dates on the Program Courses page for further information.

F510: Strategy in the P&C Insurance Industry

This first course in the FCIP Program introduces concepts and techniques for crafting and executing effective strategies in Canada’s property and casualty insurance industry, providing an opportunity to develop skills in strategic thinking and analysis.

Learning Objectives

Upon successfully completing this course, you will be able to do the following:

  1. Apply core strategic management tools and concepts to the P&C insurance industry
  2. Relate course content to your own organizational and professional experience, strengthening understanding, analysis, and decision making
  3. Engage collaboratively with people from other roles and other types of P&C organizations to develop a multifaceted understanding of strategic management in the Canadian P&C insurance industry
  4. Practise critical thinking skills, evaluating various perspectives and assumptions that impact strategic choices and actions
  5. Demonstrate effective written communication skills needed by insurance professionals
  6. Course Topics

    Strategy in the P&C Insurance Industry is divided into 11 one-week modules:

    • Introducing Strategic Management
    • Analyzing the External Environment of the Firm
    • Analyzing the Internal Environment of the Firm
    • Assessing the Intellectual Assets of the Firm
    • Creating and Sustaining Competitive Advantage
    • Creating Value through Diversification
    • Creating Value in Global Markets
    • Examining Industry Change
    • Implementing Effective Strategic Control and Corporate Governance
    • Leading Organizations Strategically
    • Managing Innovation and Fostering Entrepreneurship

    Evaluation

    Final grades in this course are based on participation in online discussions and assignments.

    Who Should Register?

    Like all FCIP courses offered by the Insurance Institute, Strategy in the P&C Insurance Industry is designed for current and future leaders in Canada’s property and casualty insurance industry. Whether you’re a broker, an underwriter or a claims professional; a supervisor, manager or director – if you hold a CIP designation and are interested in a leadership role in a P&C organization, our insurance education courses can help you develop the skills to support your career goals.