RISK ANALYSES AND INSURANCE

SİGO411

Course Code: SİGO411
Semester: Seventh Term (Fall)
Theory+Practice: 3 + 0
ECTS: 5

Course Type

Compulsory Course

Course Level

Bachelor's Degree

Year of Study

Semester

Seventh Term (Fall)

ECTS

Name of Lecturer(s)

Professor Serpil Cula

Learning Outcomes

At the end of this course, the students;

Distinguish between the concepts of uncertainty and risk.
Apply current risk management techniques used in insurance practice.
Learn root cause analysis and utilize it in practical applications.
Identify risks encountered in the insurance sector.
Understand and apply claims investigations across different insurance branches.
Implement risk theory applications, integrating theoretical knowledge with practical skills.

Mode of Delivery

Face to face

Prerequisites

Recommended Optional Programme Components

None

Course Description

This course aims to provide students with an understanding of the concept of risk in insurance and raise awareness of risk management techniques in the industry. The course covers different types of risks in the insurance industry, the insurance mechanism, and risk management processes, as well as claims investigations in various branches of insurance.

Course Contents

WEEK	TOPICS
1^st Week	Introduction to risk engineering
2^nd Week	Risk analysis and risk management
3^rd Week	Practical examples of risk analysis
4^th Week	Anatomy of claims
5^th Week	Relationship between policies and claims
6^th Week	Engineering policies, claims, and examples
7^th Week	Catastrophic claims analysis (earthquakes, floods, landslides) and risk analysis
8^th Week	Midterm exam
9^th Week	All-risk construction and assembly policies, claims, and examples
10^th Week	Liability insurance and claims investigations
11^th Week	Fire investigations
12^th Week	International machinery insurance policy reviews
13^th Week	Risks and claims in energy plants
14^th Week	Root cause analysis

Recommended or Required Reading

Nazlıer, M. (2018). Madenlerde risk ve hasar yönetimi. Seçkin Yayıncılık.

Nazlıer, M. (2022). İnşaat, inşaat sigortaları ve hasar uygulamaları: Kavram-tespit-uygulama. Seçkin Yayıncılık.

Nazlıer, M. (2017). Yenilenebilir enerji santrallerinde risk ve hasar yönetimi. Seçkin Yayıncılık.

Risk and damage assessment bulletins.

Ekol Ekspertiz damage and risk archive.

Planned Learning Activities and Teaching Methods

Lecture
Discussion
Questions/Answers

Assessment Methods and Criteria

	Quantity	Percentage (%)
Mid-term	1	30
Project	1	20
Total(%)		50
Contribution of In-term Studies to Overall Grade(%)		50
Contribution of Final Examination to Overall Grade(%)		50
Total(%)		100

ECTS Allocated Based on Student Workload

Activities	Quantity	Duration (Hour)	Total Workload (Hour)
Midterm exam	1	1	1
Preparation for Quiz
Individual or group work	14	2	28
Preparation for Final exam	1	30	30
Course hours	13	3	39
Preparation for Midterm exam	1	20	20
Laboratory (including preparation)
Final exam	1	1	1
Homework
Project	1	25	25
Total Work Load			144
Total Work Load / 30 (h)			4.8
ECTS Credit of the Course			5

Language of Instruction

Turkish

Work Placement(s)

Programme Qualifications / Learning Outcomes

	LO1	LO2	LO3	LO4	LO5	LO6
K1	X	X	X	X	X	X
K2		X	X	X	X	X
K3				X		X
K4	X	X	X	X	X	X
K5	X	X	X	X	X	X
K6		X		X	X	X
K7				X	X	X
K8		X		X		X
K9	X	X	X	X	X	X
K10	X	X	X	X	X	X
K11			X		X	X
K12	X	X	X	X	X	X

	LO1	LO2	LO3	LO4	LO5	LO6
K1	X	X	X	X	X	X
K2		X	X	X	X	X
K3				X		X
K4	X	X	X	X	X	X
K5	X	X	X	X	X	X
K6		X		X	X	X
K7				X	X	X
K8		X		X		X
K9	X	X	X	X	X	X
K10	X	X	X	X	X	X
K11			X		X	X
K12	X	X	X	X	X	X

	LO1	LO2	LO3	LO4	LO5	LO6
K1	X	X	X	X	X	X
K2		X	X	X	X	X
K3				X		X
K4	X	X	X	X	X	X
K5	X	X	X	X	X	X
K6		X		X	X	X
K7				X	X	X
K8		X		X		X
K9	X	X	X	X	X	X
K10	X	X	X	X	X	X
K11			X		X	X
K12	X	X	X	X	X	X

	LO1	LO2	LO3	LO4	LO5	LO6
K1	X	X	X	X	X	X
K2		X	X	X	X	X
K3				X		X
K4	X	X	X	X	X	X
K5	X	X	X	X	X	X
K6		X		X	X	X
K7				X	X	X
K8		X		X		X
K9	X	X	X	X	X	X
K10	X	X	X	X	X	X
K11			X		X	X
K12	X	X	X	X	X	X