Business – Insurance (Optional Co-Op)

Conestoga’s two-year diploma program will provide you with broad exposure to business practices within the insurance industry. Areas of study within property and casualty coverage include agency claims and investigation, underwriting, marketing and management. An optional co-op work-term provides you an authentic, professionally-relevant work experience. The opportunity to connect theory with practice will allow you to develop a broad base of occupational skills, embrace key concepts and terminology within the field and expose you to networking opportunities.

In addition, you will have the opportunity to gain nine of the ten credits required for the Chartered Insurance Professional (CIP) designation from the Insurance Institute of Canada and you may choose to register for the CIP national exams at an additional cost in order to receive credentials awarded by the Institute. Pursue a career within the insurance industry and make a difference in the lives of those in your community. The optional co-op stream includes one co-op work term.

What You’ll Learn

• Determine the function and role of property and casualty insurance in business and society.
• Discuss the organization, structure, and roles and responsibilities associated with property and casualty insurance companies.
• Analyze the coverage and policies currently available through companies providing property and casualty insurance.
• Adhere to principles, processes and procedures used in adjusting losses, settling claims and explaining and completing documentation specific to property and casualty insurance.
• Evaluate the factors affecting the acceptance and underwriting of property and casualty insurance risks.
• Use computer skills towards completion of business and other associated tasks.
• Develop appropriate working relationships using knowledge of property and casualty insurance, customer service skills, and interpersonal communications.
• Apply basic economic principles to business.
• Discuss the legal system and legislation affecting business in general and the property and casualty insurance business specifically.
• Apply marketing and sales techniques to property and casualty insurance situations.
• Discuss the issues and concerns regarding business corporate responsibility in an insurance environment.
• Determine the uses, endorsements, coverage, contracts, policies and legislation associated with property and casualty insurance.