Author: Anonymous

Which of the following is a benefit of adopting an Enterprise Risk Management (ERM) program?

Under a pro rata liability provision, each insurer’s share of the loss is based on the proportion that its insurance bears to the total amount of insurance on the property.

Which department is responsible for managing the risk of hackers obtaining customer data?

A warranty is a statement that becomes part of the insurance contract but is not guaranteed by the maker to be true in all respects.

Part D: Fill-in the Blank Questions (3/5 Questions) An insurer might deny or reduce a claim even if a business has insurance coverage due to poor documentation, excluded risks, or inadequate [mitigation].

Part C: Scenario-Based Questions (3/5 Questions) A company relies on a single overseas supplier that experiences a port strike. What type of coverage would help?

Part A: Multiple Choice (2/10 Questions) Which of the following is not a component of a Business Continuity Plan?

For extra credit, list CURRENT (from approximately the last 10 years) songs (and associated performers) that address topics related to Peace Psychology. Please indicate the song AND how to relates to class material.You will receive 1 points of extra credit for each song a maximum of 4 extra credit points (for four songs).

Part D: Fill-in the Blank Questions (1/5 Questions) [Documentation] is critical in the insurance claims process. [Documentation2] proves preparedness and mitigation – insurers rely on evidence to validate claims.

What were the best/worst assignments or activities in class? What would you keep/do differently?