ENTR 133 Risk Management and Insurance for a Startup

This course is designed to provide the knowledge, skills, tools, and resources to identify possible loss exposures to your business and assess the risk of each, to determine the best approach in handling individual risks, and to design an effective risk management and insurance program for your business. This course is one of a series of courses that provide coaching and guidance to plan for and launch a new business venture.

Credits

1

Prerequisite

ENTR 102

Hours Weekly

1 hour weekly

Course Objectives

1. Identify possible loss exposures to your business, analyze the risk for each loss exposure, and select the appropriate loss control technique for each exposure of loss.
2. Discuss the basic parts of an insurance contract and explain the fundamental legal principles that are in insurance contracts such as: principle of indemnity, principle of insurable interest, and principle of subrogation.
3. Design an effective risk management and insurance program for your business and develop a Request for Proposal (RFP) to obtain insurance quotes for your business insurance program.

Course Objectives

1. Identify possible loss exposures to your business, analyze the risk for each loss exposure, and select the appropriate loss control technique for each exposure of loss.

   This objective is a course Goal Only

   Learning Activity Artifact

   • Writing Assignments

   Procedure for Assessing Student Learning

   • Other (please fill out box below)
   • Risk Management Rubric
2. Discuss the basic parts of an insurance contract and explain the fundamental legal principles that are in insurance contracts such as: principle of indemnity, principle of insurable interest, and principle of subrogation.

   This objective is a course Goal Only

   Learning Activity Artifact

   • Writing Assignments

   Procedure for Assessing Student Learning

   • Other (please fill out box below)
   • Risk Management Rubric
3. Design an effective risk management and insurance program for your business and develop a Request for Proposal (RFP) to obtain insurance quotes for your business insurance program.

   This objective is a course Goal Only

   Learning Activity Artifact

   • Writing Assignments

   Procedure for Assessing Student Learning

   • Other (please fill out box below)
   • Risk Management Rubric