In C39 you will learn how fraud may arise under insurance policies and initiatives the insurance industry has developed to fight such attempts. The cost of fraud is discussed, along with the laws that affect how insurers handle claims investigations and settlements.
In C39 you will learn how fraud may arise under insurance policies and initiatives the insurance industry has developed to fight such attempts. The cost of fraud is discussed, along with the laws that affect how insurers handle claims investigations and settlements.
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The Institute was established as a not-for-profit organization in 1899. It now serves more than 41,000 members across Canada through 19 volunteer-driven provincial institutes and chapters.
The Institute sets professional standards for the industry through education programs that lead to a range of accreditations, including the internationally recognized Chartered Insurance Professional (CIP) and Fellow Chartered Insurance Professional (FCIP) designations. Over 20,000 Institute members are students and more than 18,000 are IIC designation graduates.
In 1952 a group of provincial insurance Institutes joined in association with The Insurance Institute of Canada to form the organization we know today. The association’s power and influence is boosted by the union, but members can still enjoy a local touch. Learn about the governance of your local Institute.
This course is designed to introduce knowledge about the risk of financial fraud as well as management's responsibility for fraud prevention, detection and investigation.
Research indicates that many organizations seem to only do what is considered essential. The risk of skimping on fraud prevention and detection activities today may create opportunities for catastrophic frauds tomorrow.
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