Course Information

Claims 101

Overview

In the risk and insurance world, claims professionals play a vital role in translating policy promises into payments or informed decisions on claims. This course offers a concise overview of insurance claims, covering the roles, functions, and job dimensions of claims professionals.

Find this course for your license

License or Certification

Regulator

Objectives

understand the three major roles and functions of the claims professional
understand the various types of claims professionals one finds within the risk and insurance industry
identify the relationships between claims professionals and the various business partners with whom they collaborate
understand the different ways that organizations structure claims departments
identify and discuss the various milestones in the lifecycle of a claim
understand the claim reserving process and various methods of setting insurance claim reserves

Designed For:

Property and casualty insurance agents, brokers, adjusters, and claims professionals at any level in their career

International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.

Course Information

Adding additional credit may change exam requirements.

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