Syllabus

With this program, the business expert will approach insurance supervision from a market conduct perspective. In addition, it will highlight its importance to protect the rights of policyholders, insured and beneficiaries. Likewise, the information that must be provided by policy distributors, insurance companies, and brokers, both before and during the term of the contract, will be examined.

You will be an expert in regulatory compliance, applicable to information and conduct in the trading of financial instruments”

Syllabus

During the 6 weeks of the Postgraduate certificate in Insurance Product Designer, an analysis of the applicable regulations in terms of information and rules of conduct will be carried out. In this way, the differences between the different categories of policies and the similarities or differences with other financial instruments will be highlighted. The professional will delve into the specific casuistry of investment products based on this type of products, where distance marketing will be studied and advertising duties and obligations will be analyzed.

In relation to the risks that may arise in commercialization, situations of conflict of interest will be examined, and the procedure to be followed in such circumstances will be presented. In this way, we will seek to promote an orderly and transparent market. Additionally, remuneration and incentives in marketing will be addressed, as well as the practice of joint sales of insurance products with others that are not considered insurance.

Following this approach, TECH has developed a program with the purpose of offering business experts the knowledge they need to succeed in this field. Likewise, this program will be flexible as it will be presented in a 100% online format. In this way, students will have the opportunity to take advantage of a diversity of multimedia resources, such as specialized readings and interactive summaries. In addition, the Relearning learning methodology will be applied, ensuring a unique and effective learning experience. Likewise, participants will be able to access the content at any time and place since they will only need an electronic device with Internet access.

This Postgraduate certificate takes place over 6 weeks and it consists of 1 module:

Module 1. Conduct and Supervisory Risk in the Insurance Industry

Where, When and How is it Taught?

TECH offers the possibility of developing this Postgraduate certificate in Insurance Product Designer completely online. During the 6 weeks of the specialization, the student will be able to access all the contents of this program at any time, which will allow the students to self-manage their study time.

Module 1. Conduct and Supervisory Risk in the Insurance Industry

1.1. General principles of action and general reporting obligations 

1.1.1. General principles and information duties 
1.1.2. Information to be provided by an insurance company
1.1.3. Information to be provided by an insurance intermediary

1.2. Information regulations and standards of conduct 

1.2.1. Regulations applicable to the marketing of financial instruments 
1.2.2. Community regulations on information and standards of conduct 
1.2.3. International standards, approach and examples

1.3. Pre-contract information 

1.3.1. Sales types 
1.3.2. Non-life insurance 
1.3.3. Life insurance

1.4. Pre-contracting information on insurance-based investment products 

1.4.1. Insurance-based investment products 
1.4.2. Information on insurance-based investment products 
1.4.3. Sales types 

1.5. Modes of information transmission 

1.5.1. General requirements 
1.5.2. Remote marketing 
1.5.3. Special requirements applicable to insurance-based investment products 

1.6. Advertising in Insurance Operations 

1.6.1. General principles and reservation of denomination 
1.6.2. Advertising of insurance companies 
1.6.3. Advertising of insurance brokers

1.7. Conflicts of Interest in Insurance Distribution 

1.7.1. Detection of conflict of interest
1.7.2. Conflict of interest policy 
1.7.3. Procedures for action 

1.8. Remuneration and incentives 

1.8.1. General Principle 
1.8.2. Remuneration concept 
1.8.3. Remuneration and incentives in the case of insurance-based investment products 

1.9. Joint selling with non-insurance products 

1.9.1. Combined and linked sales practice: reporting duties 
1.9.2. Combined sales 
1.9.3. Related sales

1.10. Product life cycle and governance 

1.10.1. Insurance Product Designer 
1.10.2. Governance requirements applicable to designers. Product Life Cycle
1.10.3. Governance requirements applicable to distributors of non-designer products 

With the Relearning method, you will , reduce the hours of study and strengthen your understanding in the long term"

Teaching Objectives

The program aims to empower business professionals by providing them with the tools and knowledge necessary to succeed in the dynamic insurance field. In this way, the student will be provided with the required guidelines to create and develop insurance policies and plans that are truly competitive, attractive to clients, and, of course, in full compliance with all legal and regulatory requirements.

Consolidate your leadership.

During the 6-week course, you will learn how to provide accurate and relevant information as an insurer”

TECH makes the goals of their students their own goals too
Working together to achieve them

The Postgraduate certificate in Insurance Product Designer will enable the student to:

  1. Develop specialized knowledge on the implementation and operation of foreign countries' insurance companies in other countries: (i) within the European Union as well as (ii) from non-European Union countries
  2. Develop the peculiarities of the insurance contract
  3. Examine the international regulatory framework of the insurance market and its recent evolution
  4. Delimiting the framework for compliance with the insurance activity
  5. Analyze the evolution of insurance
  6. Reflecting on the insurance implications of non-sectoral regulations
  7. Assess the impact of information security on the insurance legislative framework
  8. Determine the interplay between consumer and insurance law and its consequences
  9. Develop specialized knowledge about insurance and the key concepts that define the insurance business
  10. Determine the importance of risk as an essential element for the insurance activity
  11. Examine the general operation of the insurance business and the regulations governing its activity
  12. Establish the relevance of the management of risks faced by insurance companies as a key element in the management of insurance companies
  13. Identify the most immediate challenges facing risk management
  14. Analyze the global insurance market with a focus on the distribution business
  15. Determine what is considered insurance distribution at both the European and international levels
  16. Identify the main players involved in the distribution business
  17. Examine the importance of consumer protection measures
  18. Developing key aspects of the compliance function
  19. Identify international standards in the area of regulatory compliance
  20. Specify the interrelationships between the compliance function and the rest of the organizations

Postgraduate Certificate in Insurance Product Designer

At TECH Global University, we present our Postgraduate Certificate in Insurance Product Designer, a unique opportunity to acquire specialized knowledge in the design and development of insurance products. Our program is taught through online classes, giving you the flexibility to study from anywhere and adapt your study schedule to your work and personal responsibilities. The online classes will allow you to access up-to-date and relevant content, interact with experts in the insurance field and participate in online discussions and activities, enriching your learning experience. The Postgraduate Certificate program will provide you with the skills and knowledge necessary to analyze market needs, identify insurance product opportunities and design innovative and competitive solutions. You will learn how to assess risks, set appropriate rates and develop coverage plans tailored to market demands.

The University Course will provide you with the skills necessary to analyze market needs, identify insurance product opportunities and design innovative and competitive solutions.

Specialize in the insurance market

In this academic program you will explore key aspects such as market research, competitive analysis, risk management, insurance industry rules and regulations, and marketing strategies for the commercialization of insurance products. In addition, you will learn about current industry trends and emerging technologies that are transforming the insurance field. At the end of the Postgraduate Certificate program, you will be prepared to face the challenges of the insurance market and contribute to the development of products that provide effective solutions to customers. You will be able to work in insurance companies, brokerage firms or specialized consultancies, applying your product design skills and knowledge in the insurance field. Take advantage of this opportunity to stand out in the insurance industry and boost your professional career. Enroll now in the Postgraduate Certificate in Insurance Product Designer program at TECH Global University and enjoy the benefits of our online classes to become an expert in insurance product design!