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Mechanisms and strategies for Risks Insurance

Course Code: AACTS 123.2 • Study year: I • Academic Year: 2022-2023
Domain: Business Administration - Masters • Field of study: Business administration in tourism and services trade
Type of course: Compulsory
Language of instruction: Romanian
Erasmus Language of instruction: English
Name of lecturer: Dan Constantin Dănulețiu
Seminar tutor: Dan Constantin Dănulețiu
Form of education Full-time
Form of instruction: Class / Seminary
Number of teaching hours per semester: 42
Number of teaching hours per week: 3
Semester: Summer
Form of receiving a credit for a course: Grade
Number of ECTS credits allocated 6

Course aims:

Identification of insurable corporate risks and decision of transfering them
Knowing the possibilities of covering corporate risks through insurance
Attainement of practical abilities of analysing the insurance necesities of the companies
Attainement of analysis capacity for realizing an eficient corporate financial management

Course Entry Requirements:

Not needed

Course contents:

1. Economic activity risks and insurable risks 2. Corporate risk management process 3. Insurance for corporate's assets 4. Insurance for company and manager civil liability 5. Insurance for commercial credit 6. Insurance of trade credits 7. Guarrantees insurance and insurance of business interruption 8. Insurances for employees 9. Specific insurances for SMEs or companies from constructions, transports, tourism or agriculture

Teaching methods:

Lecture, practical examples, conversation

Learning outcomes:

Capacity of identifying the company's risks and adequately dealing with them

Learning outcomes verification and assessment criteria:

exam (60%), practical study (40%)

Recommended reading:

REJDA, George E. & McNamara, Michael J., Principles of risk management and insurance, Pearson Education, -, 2017, -.
Bunni N.G., RISK AND INSURANCE IN CONSTRUCTION, Spon Press, London, 2011, -.
Russel D., Insuring the Bottom Line: How to Protect Your Company from Liabilities, Catastrophes and Other Business Risks, Silver Lake Publishing, Los Angeles, 2004, -.