Keeping pace with the global challenges and emerging opportunities for Professionals post-Covid, RMAI in association with SmartonlineCourse.org has introduced ONLINE Certificate Course on Reinsurance. Risk Management Association of India is a Global body dedicated to Education, Research, and Development on Risk Management. SmartonlineCourse.org is an Online training platform for professional certification.
The Insurance sector has been growing rapidly over the years. Reinsurance plays a critical role in the expansion of the Insurance Industry. The Insurance Business is all about capacity. The market must have enough capacity to handle risk. Individual markets may not provide adequate capacity to handle risks beyond a level. Here Reinsurance plays a pivotal role by multiplying the capacity of the Individual Insurers by underwriting risk across the world from different geographies and balancing the spread of risk. The insurance business would not survive unless it has support from reinsurers.
As the portfolio of Reinsurance is evolving, the demand for technical expertise in Reinsurance is also growing. The reinsurance industry is already witnessing new developments such as automation in placement, automation of complex processes, automated contracts through blockchain. Going forward technology is going to play a major role in the value chain of reinsurance.
However, people working in the reinsurance department must have a thorough knowledge of practical aspects of reinsurance working. As we say reinsurance is more by practice. But to gain practical knowledge one must apply knowledge coupled with practice to understand the nitty-gritty of this niche area. The reinsurance business is usually in large volumes and even a small mistake can cost fortunes.
This course has been specially designed for people who want to know about the dynamics of Reinsurance for career advancement as well as people who are working in the Reinsurance department to gain a complete overview of Reinsurance principles and practice. This course will provide structured learning through the whole Reinsurance process and help to demystify the subject.
Realizing the imminent need for industry/organizations to have more employees who possess Reinsurance expertise, RMAI is committed to providing the right foundation of Reinsurance knowledge and market insights with global best practices.
This Certificate Course is a Joint Certification program of Risk Management Association of India and Smartonlinecourse.org
For enrollment and more details please click on https://smartonlinecourse.org/reinsurance/