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Pre-Class Assessment – Gauging Participant Knowledge (0.50 minute) Allows facilitators to adjust the learning based on the pre-class knowledge of the attendees. |
Game Board (0.54 minute) Explains basics of the workshop. |
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Financial Statements / Score Sheets (1.13 minute)Introduces the basic financial statements and supporting schedules used in the workshop. |
Making a Sale (2.16 minutes) Explains written premium, unearned premium, earned premium, acquisition costs, and GAAP versus STAT accounting. |
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Decision Cards (3.09 minutes) Covers decision process, cost benefit analysis, execution, and the power of questions. |
Reinsurance (1.17 minute) Overview of purpose and uses of reinsurance coverages. |
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GAAP vs STAT (0.54 minute) Describes the differences between GAAP and STAT accounting. |
Income Statement (2.03 minutes) Illustrates completion of the Income Statement and how it differs from a Balance Sheet. |
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Balance Sheet (1.24 minute) Illustrates completion of the Balance Sheet. |
Goals / Team Outcomes (1.47 minute) Shows team assessing how they did against the workshop goals. |
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Reporting to the “Board of Directors” (1.23 minute) Shows the team reporting its results to the other teams (the “Board of Directors”). |
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