Insurance Institute offers new course on “emerging issues”

The Insurance Institute of Canada has introduced a new course based on emerging issues, such as climate change, as part of the Fellow Chartered Insurance Professional (FCIP) program.

Launching in January 2013, “Emerging Issues: Implications for the P&C Insurance Leader” is a project-based course. Emerging issues could include climate change distribution, changing regulations and new tools for assessing risk.

The course “provides an opportunity for students to focus on an emerging issue that is important to them, to research current material, and identify concrete solutions,” according to Paul Kovacs, executive director of the Institute for Catastrophic Loss Reduction and CEO of Property and Casualty Insurance Compensation Corporation.

Through the course, candidates can learn how to identify key emerging issues and assess their impact on day-to-day business, notes a release from the institute.

The FCIP program is based on input from several industry leaders.

The six courses that make up the new FCIP program are:

• Strategy in the P&C Insurance Sector (offered Winter 2013)
• Leading in the Insurance World (offered Winter 2013)
• Financial Management for Insurance Leaders (offered Winter 2013)
• Enterprise Risk Management (ERM) in the Insurance Sector (offered Winter 2013)
• Emerging Issues: Implications for the P&C Insurance Leader (launching Winter 2013)
• Integrative Learning for the P&C Insurance Sector