BNKS208 Insurance Business ManagementIstanbul Okan UniversityDegree Programs Mechanical Engineering (English)General Information For StudentsDiploma SupplementErasmus Policy StatementNational Qualifications
Mechanical Engineering (English)
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

General course introduction information

Course Code: BNKS208
Course Name: Insurance Business Management
Course Semester: Fall
Course Credits:
Theoretical Practical Credit ECTS
3 0 3 6
Language of instruction: TR
Course Requisites:
Does the Course Require Work Experience?: No
Type of course: Compulsory
Course Level:
Bachelor TR-NQF-HE:6. Master`s Degree QF-EHEA:First Cycle EQF-LLL:6. Master`s Degree
Mode of Delivery: Face to face
Course Coordinator : Dr.Öğr.Üyesi TURGAY MÜNYAS
Course Lecturer(s):
Course Assistants:

Course Objective and Content

Course Objectives: Bu dersin amacı, öğrencilerin şu sözleşmeler tanımasını sağlamaktır: sigorta sektörü ile ilgili bilgiler; sigorta sektörü ile ilgili yasal mevzuatın yönetime etkisi; sigorta sektöründe risk yönetimi; küreselleşme ve küresel stratejilerin sigorta sektörüne yansımaları; sigorta sektöründe kalite yönetimi; sigorta sektöründe müşteri ilişkileri yönetimi; sigorta sektöründe iş değerleme; sigorta sektöründe rekabet; sigorta işletmeinin organizasyon yapısı; AB sürecinde Türk sigorta sektörü; sorunlar ve çözüm önerileri.
Course Content: Sigorta sektörü ile ilgili bilgiler; sigorta sektörü ile ilgili yasal mevzuatın yönetime etkisi; sigorta sektöründe risk yönetimi; küreselleşme ve küresel stratejilerin sigorta sektörüne yansımaları; sigorta sektöründe kalite yönetimi; sigorta sektöründe müşteri ilişkileri yönetimi; sigorta sektöründe iş değerleme; sigorta sektöründe rekabet; sigorta işletmeinin organizasyon yapısı; AB sürecinde Türk sigorta sektörü; sorunlar ve çözüm önerileri.

Learning Outcomes

The students who have succeeded in this course;
Learning Outcomes
1 - Knowledge
Theoretical - Conceptual
1) • Identify general information about the insurance sector.
2) • To evaluate the impact of the legislation on the management of the insurance sector.
3) To carry out risk management in the insurance sector.
2 - Skills
Cognitive - Practical
3 - Competences
Communication and Social Competence
Learning Competence
Field Specific Competence
1) Testing of globalization and global strategies in the insurance sector
Competence to Work Independently and Take Responsibility

Lesson Plan

Week Subject Related Preparation
1) • Examination of the course content. • Explaining the purpose of the insurance sector. • Explanation of the purpose of the study of insurance sector enterprises. • Defining the functions of insurance sector enterprises. • Explaining the structure and operation of the sector. • syllabus. • The importance of working in the insurance sector • Insurance sector enterprises • Functions of insurance sector enterprises • The structure and functioning of the sector None
2) • Definition of Insurance and Risk Concepts. • Explaining the Emergence of Insurance. • Definition and Importance of Insurance • Defining the concept of risk • Explanation of Risk Management and Risk Elements. • Explanation of the importance of Risk Analysis. • Insurance and Risk Concepts • Birth of Insurance • Definition and Importance of Insurance • What is Risk? Review review. Evaluation and discussion of the assignments given in the first week.
3) Description of the General Principles of Insurance (Principles) • Insurable (Insurable) Description of the Stakeholder Relationship Policy • Description of the Risk Asset Policy • The expression of the maxim (Goodwill) Principle • Explanation of the Forbidden Unjust enrichment (Compensation Principle) • The submission of the subrogation principle • Statement of Participation in Multiple Insurance or Damage (Participation) Principle • The explanation of the principle of Close Reason (Principle) • General Principles of Insurance (Principles) • Fuseable (Insurable) Benefit Relation Policy • Risk Asset Policy • Maximum Intention (Goodwill) Policy • Prohibition of unjust enrichment (Compensation principle) • Subrogation (Reinstatement of Rights) Principle • Participation in Multiple Insurance or Damage (Principle) • Close Policy (Principle) Review of the course. Investigation of the given assignment
4) Review of the course. InvestigatiThe functions of insurance • Description of Insurance Assurance and Risk Management Functions • Insurance establishes peace and trust in society and provides solidarity. • Insurance improves awareness of savings and provides a positive impact on investment decisions in the economy. • The insurance minimizes the amount of capital held against potential risks and increases the efficiency of the financial system. • Insurance develops preventive measures against risks. • Explanation of the Economic Functions of Insurance • • Functions of Insurance • Insurance Assurance and Risk Management Functions • Insurance establishes peace and trust in society and provides solidarity. • Insurance improves awareness of savings and provides a positive impact on investment decisions in the economy. • The insurance minimizes the amount of capital held against potential risks and increases the efficiency of the financial system. • Insurance develops preventive measures against risks. • Economic Functions of Insurance • on of the given assignment Review of the course. Investigation of the given assignment
5) • History of Insurance in the World • presentation of the History of Insurance in Turkey • History of Insurance in the World • History of Insurance in Turkey Review of the course. Investigation of the given assignment
6) . • Defining the Insurance Contract. • Explanation of the insurance period and duration. • Explanation of the Absence of Insurance Benefit. • Explanation of Insurance Coverage and Replacement. • Identification of termination and withdrawal procedures. • Explanation of documents used in insurance contracts. • Explanation of the tender. • Explanation of the policy. • Insurance Temporary Diadem • Statement of Subscription Policy • Addendum (Policy Attachment) • Renewal of renovation • Insurance Contract • Insurance Period and Duration • Absence of Insurance Benefit • Insurance Coverage and Replacement • Termination and withdrawal • Documents Used in Insurance Contracts, • offer but • Policy • Insurance Temporary News • Subscription Policy • Addendum (Policy Attachment) • Conflict • Review of the course. Investigation of the given assignment
7) Institutions and Institutions in Turkish Insurance Sector • Explanation of Regulatory and Supervisory Institutions. • Explanation of institutions found in the insurance sector. • Explanation of Insurance Companies (Insurers) • Insurance Intermediaries - Production organs. • Explaining agencies. • Explanation of brokers • Explanation of insurance assessors. • Explanation of actuaries. • Explanation of Independent Audit Firms. • • Institutions and Institutions in Turkish Insurance Sector • Regulatory and Supervisory Institutions • Companies in the Insurance Sector • Insurance Companies (Insurers) • Insurance Agents - Production Organs • Agencies • Brokers • Insurance assessors • Actuaries • Independent Audit Agencies • Review of the course. Investigation of the given assignment
8) Midterm • Discussion of the midterm exam. • Post-exam responses after the exam (depending on time). Review of the course. Investigation of the given assignment
9) Description of Specialized Institutions. • Pension Monitoring Center (EGM) expression. • Traffic Insurance Information Center (TRAMER) description. • Natural Disaster Insurances Authority (TCIP) expression. • Agricultural Insurance Pool (TARSİM) expression. • Statement of assurance account. • Green Card System and Turkey Motor Vehicle Bureau (TMTB) expression. • Turkey Green Card Reinsurance Pool narrative. • Turkish Insurance Institute Foundation (TII) expression. • Türk Loydu Foundation expression. • Insurance Training Center (SEGEM) expression. • Professional Organizations. • Turkey Insurance, Reinsurance and Pension Companies Association (TSREŞB) • Statement of Insurance Agents Executive Committee. • Statement of Insurance Experts, Executive Committee. • Non-governmental organizations in the insurance sector • Association of Banks of Turkey • Featured Institutions • Pension Monitoring Center (EGM) • Traffic Insurance Information Center (TRAMER) • Natural Catastrophe Insurance Agency (DASK) • Agricultural Insurance Pool (TARSİM) • Assurance Account • Green Card System and Turkey Motor Vehicle Bureau (TMTB) • Turkey Green Card Reinsurance Pool • Turkish Insurance Institute Foundation (TII) • Türk Loydu Foundation • Insurance Training Center (SEGEM) • Professional Organizations • Turkey Insurance, Reinsurance and Pension Companies Association (TSREŞB) • Insurance Agents Executive Committee • Insurance Experts Executive Committee • Insurance Sector Non-Governmental Organizations • Research on mid-term questions
10) Explanation of the supervision of insurance activity. • Definition of control and expression of species. • Explanation of the importance of Public Auditing in Insurance Sector. • Explanation of Independent Dental Supervision in Insurance Sector. • Explanation of Internal Control in Insurance Sector • Supervision of Insurance Activity • Identification and Types of Audit • Description of Audit • Types of Audit • For the purpose of the audit • Regarding the organizational relationship between the auditor and the enterprise • Internal Audit (Internal Control) • External Audit • Public Auditing in Insurance Sector • Public Control and Types • Public Supervision Institutions • Treasury Undersecretary • Undersecretariat of Treasury General Directorate of Insurance • Undersecretariat of Treasury Insurance Supervisory Board • By State Supervision of Insurance Sector in Turkey • Independent Dental Supervision in Insurance Sector • Independent Authorized Institutions • Independent Audit Activity and Auditor's Opinion • Internal Control in Insurance Sector •. Purpose of Internal Control System • Structure of Internal Control System • Structure of Internal Control Unit • Qualities and Powers of Internal Controllers • Internal Control Activities, Working Principles and Control Plan • Control Period in Internal Control • Review of the course. Investigation of the given assignment
11) Description of the Organization of Insurance Business. • Description of the organization according to the functions of the insurance business. • Explanation of the duties and definitions of the General Management Department. • Explanation of the tasks and definitions of the Auxiliary Departments. • Explanation of the organization of the insurance company according to the production principle. • Organization of Insurance Companies • Internal Organization Structure • Organization of Insurance Business according to Functions • Department of General Management • Auxiliary Departments • Foreign Services Department • Damage Department • Department of Actuarial and Statistics • Department of Reinsurance • Audit Department • Law Department • Human Resources Department • Accounting and Collections Department • Organization of Insurance Business by Production Principle • Proposal Admission Department • Policy Organization External Organization Structure Review of the course. Investigation of the given assignment
12) Hasar Tesbiti Ve Hasar Yönetim Sisteminin anlatılması. • Hasar Kavramı ve Öneminin anlatılması. • Hasar ve Tazminat kavramlarının anlatımı ve tartışılması. • Hasar Tesbit Sürecinin anlatılması. • Hasar Yönetim Sisteminin anlatımı. • • Hasar Tesbiti Ve Hasar Yönetim Sistemi • Hasar Kavramı ve Önemi • Hasar ve Tazminat • Hasar Tesbit Süreci • Hasar Yönetim Sistemi • Hasar Maliyetlerinin Artması ve Hasar Denetimlerinin Güçleşmesi Rizikonun Belirsizliği • Sigorta Bedellerinin Güncel Değerlerinin Tespitinin Güçleşmesi ve Rayiç Değerlerinin Farklılık Arz Etmesi • Sigortalanacak Unsurları ve Olası Hasar Unsurlarının Belirlenmesinin Zorlaşması • . Teknik Branşlar ve Hasar Konularına İlişkin Görüş Oluşturulması ve Sektör Bilgi İhtiyacına İlişkin Sorunlar • Yurtdışı Sektör Gelişmelerinin Takip Edilmemesi • Sigortalıların Sicili, Pertotal Araçların İzlenmesi ve Online Ekspertiz Hizmetleriyle İlgili Sorunlar • Hızlı Teknolojik Gelişmeler • Review of the course. Investigation of the given assignment
13) • Explanation of the conceptual framework for the concept of reinsurance. • Explanation of Reinsurance Process. • Explanation of Reinsurance History. • Explanation of Milli Reasürans TAŞ. • Explanation of Reinsurance Methods. • Explanation of financial reinsurance. • Definition of Reinsurance • Reinsurance process • History of Reinsurance • The period until World War II • The period from the end of World War I to the present • Milli Reasürans TAŞ • Reinsurance Methods • Partial Reinsurance • Reinsurance with proportional (Proportional) Trete • Features of Tretenin • Exasperated Reinsurance Method • Optional / Compulsory (Facultative / Obligatory) and Open-Capped (Open Cover) Reinsurance Methods • Non-proportional Trete Reinsurance • Financial Reinsurance • Review of the course. Investigation of the given assignment
14) Explanation of the European Union Single Insurance Market. • European Union Overview • Describe and discuss the purpose and development of the single insurance market. • Explanation of insurance transactions in the European Union. • Explanation of the Single Insurance Market in the European Union. • Explanation of Insurance Intermediaries in the Single Insurance Market. • Single Insurance Market of expression and practice in Turkey. • • European Union Single Insurance Market • European Union Overview • The Purpose and Development of the Single Insurance Market • Insurance in the European Union • Single Insurance Market in the European Union • Insurance Brokers in the Single Insurance Market • Single Insurance Market and Turkey Review of the course. Investigation of the given assignment
15) The importance of ethical and policy rules in the management of insurance companies. • • Evaluation of the students through the final exam. • Subject to the evaluation of the issues mentioned in the period. • Determining the minimum required level of the students who are responsible for all subjects during the 60-minute exam. • The importance of ethical and policy rules in the management of insurance companies. • Definition of Insurance and Risk Concepts. • Explanation of General Principles of Insurance (Principles) • Description of the functions of insurance • History of Insurance in the World • presentation of the History of Insurance in Turkey • Defining the Insurance Contract. • Institutions and Institutions in Turkish Insurance Sector • Explanation of the supervision of insurance activity. • Explanation of the Organization of Insurance Companies. • None

Sources

Course Notes / Textbooks: Kurum, ders kitabının çeşitli materyallerde uygulanan eğitim metodolojisi ve stratejisinin bir parçası olarak sınıfta kullanılmasını kabul eder. Ders kitabı müfredatın bir parçasıdır ve sınıfta öğrenciye etkili bir şekilde ulaşmak için kullanılır. Her öğrencinin ders kitabını alması ve kullanması beklenir.
References: The institution recognizes the use of the textbook in the classroom as part of the educational methodology and strategy applied in diverse materials. The textbook is part of the curriculum and is used to reach the student in an effective manner in the classroom. Every student is expected to acquire and use the textbook.)

Course-Program Learning Outcome Relationship

Learning Outcomes

1

2

3

4

Program Outcomes
1) Sufficient knowledge in mathematics, science and engineering related to their branches; and the ability to apply theoretical and practical knowledge in these areas to model and solve engineering problems.
2) The ability to identify, formulate, and solve complex engineering problems; selecting and applying appropriate analysis and modeling methods for this purpose.
3) The ability to design a complex system, process, device or product under realistic constraints and conditions to meet specific requirements; the ability to apply modern design methods for this purpose. (Realistic constraints and conditions include such issues as economy, environmental issues, sustainability, manufacturability, ethics, health, safety, social and political issues, according to the nature of design.)
4) Ability to develop, select and use modern techniques and tools necessary for engineering applications; ability to use information technologies effectively.
5) Ability to design experiments, conduct experiments, collect data, analyze and interpret results to examine engineering problems or discipline-specific research topics.
6) The ability to work effectively in disciplinary and multidisciplinary teams; individual work skill.
7) Effective communication skills in Turkish oral and written communication; at least one foreign language knowledge; ability to write effective reports and understand written reports, to prepare design and production reports, to make effective presentations, to give and receive clear and understandable instructions.
8) Awareness of the need for lifelong learning; access to knowledge, ability to follow developments in science and technology, and constant self-renewal.
9) Conform to ethical principles, and standards of professional and ethical responsibility; be informed about the standards used in engineering applications.
10) Awareness of applications in business, such as project management, risk management and change management; awareness of entrepreneurship, and innovation; information about sustainable development.
11) The ability to work effectively in disciplinary and multidisciplinary teams; individual work skill.
12) In order to gain depth at least one, physics knowledge based on chemistry knowledge and mathematics; advanced mathematical knowledge, including multivariable mathematical and differential equations; familiarity with statistics and linear algebra.
13) The ability to work in both thermal and mechanical systems, including the design and implementation of such systems.

Course - Learning Outcome Relationship

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
1) Sufficient knowledge in mathematics, science and engineering related to their branches; and the ability to apply theoretical and practical knowledge in these areas to model and solve engineering problems.
2) The ability to identify, formulate, and solve complex engineering problems; selecting and applying appropriate analysis and modeling methods for this purpose.
3) The ability to design a complex system, process, device or product under realistic constraints and conditions to meet specific requirements; the ability to apply modern design methods for this purpose. (Realistic constraints and conditions include such issues as economy, environmental issues, sustainability, manufacturability, ethics, health, safety, social and political issues, according to the nature of design.)
4) Ability to develop, select and use modern techniques and tools necessary for engineering applications; ability to use information technologies effectively.
5) Ability to design experiments, conduct experiments, collect data, analyze and interpret results to examine engineering problems or discipline-specific research topics.
6) The ability to work effectively in disciplinary and multidisciplinary teams; individual work skill.
7) Effective communication skills in Turkish oral and written communication; at least one foreign language knowledge; ability to write effective reports and understand written reports, to prepare design and production reports, to make effective presentations, to give and receive clear and understandable instructions.
8) Awareness of the need for lifelong learning; access to knowledge, ability to follow developments in science and technology, and constant self-renewal.
9) Conform to ethical principles, and standards of professional and ethical responsibility; be informed about the standards used in engineering applications.
10) Awareness of applications in business, such as project management, risk management and change management; awareness of entrepreneurship, and innovation; information about sustainable development.
11) The ability to work effectively in disciplinary and multidisciplinary teams; individual work skill.
12) In order to gain depth at least one, physics knowledge based on chemistry knowledge and mathematics; advanced mathematical knowledge, including multivariable mathematical and differential equations; familiarity with statistics and linear algebra.
13) The ability to work in both thermal and mechanical systems, including the design and implementation of such systems.

Learning Activity and Teaching Methods

Field Study
Peer Review
Expression
Brainstorming/ Six tihnking hats

Assessment & Grading Methods and Criteria

Oral Examination
Homework
Application
Observation

Assessment & Grading

Semester Requirements Number of Activities Level of Contribution
Midterms 1 % 40
Final 1 % 60
total % 100
PERCENTAGE OF SEMESTER WORK % 40
PERCENTAGE OF FINAL WORK % 60
total % 100

Workload and ECTS Credit Grading

Activities Number of Activities Workload
Course Hours 16 48
Study Hours Out of Class 16 32
Project 1 15
Homework Assignments 5 25
Quizzes 5 10
Midterms 1 15
Final 1 22
Total Workload 167