119-0326/05 – Insurance Law in Business Practice (PojPraPP)

Gurantor departmentDepartment of LawCredits5
Subject guarantorIng. Martina Krügerová, Ph.D.Subject version guarantorprof. JUDr. Naděžda Rozehnalová, CSc.
Study levelundergraduate or graduateRequirementCompulsory
Year2Semestersummer
Study languageCzech
Year of introduction2019/2020Year of cancellation
Intended for the facultiesEKFIntended for study typesFollow-up Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
KRU53 Ing. Martina Krügerová, Ph.D.
ROZ21 prof. JUDr. Naděžda Rozehnalová, CSc.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit and Examination 2+2

Subject aims expressed by acquired skills and competences

Student will be able to: • Describe regulative of insurance, enumerate doctrines of single insurance market. • Identify legal insurance relation participants and infer rights and obligations. Differentiate individual categories of insurance intermediaries. • Apply rule of law to resolution of concrete example. • Analyze insurance contract, insurance terms and conditions. • Propose to claim resolution. • Evaluate advantages and disadvantages of single insurance market for Czech insurance market.

Teaching methods

Lectures
Tutorials

Summary

The aim of this subject is to acquire the students with legal regulation of private insurance, insurance as a obligatory legal relation and legal regulation of insurance business. Also the explanation of the basic regulation of EU Council of insurance is included as well as the principle of unified European passport. Student gains the knowledge out of those explanations and application of legal norms and in this way practical use of acquired knowledge will be supported.

Compulsory literature:

ASMUSSEN, Søren a Mogens STEFFENSEN. Risk and insurance: a graduate text. Cham, Switzerland: Springer, 2020. Probability theory and stochastic modelling. ISBN 978-3-030-35175-5. MCGURK, Brendan. Data profiling and insurance law. Oxford: Hart, 2019. ISBN 978-1-5099-2061-7. REJDA, George E., Michael J. MCNAMARA a William H. RABEL. Principles of risk management and insurance. Fourteenth edition. Harlow: Pearson Education Limited, 2022. ISBN 978-1-292-34974-9.

Recommended literature:

GLAU, K. et al, ed. Innovations in insurance, risk- and asset management: conference at the Technical University of Munich. Singapore: World Scientific, 2019. ISBN 978-981-327-255-2. NICOLETTI, Bernardo. Insurance 4.0: benefits and challenges of digital transformation. Cham, Switzerland: Palgrave Macmillan, 2021. ISBN 978-3-030-58425-2. VANDERLINDEN, S., Shân M. M., ANDERSON, N. and S.CHISHTI, ed. The InsurTech book: the insurance technology handbook for investors, entrepreneurs and FinTech visionaries. Chichester: Wiley, 2018. ISBN 978-1-119-36221-0.

Way of continuous check of knowledge in the course of semester

credit - elaboration and presentation of seminar work, active participation in seminars Exam - combined (written and oral)

E-learning

course LMS

Other requirements

Within the study to fulfill the tasks given by pedagogue. Within the study to monitor the actual changes of legislation in accordance with the pedagogue´s instructions.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1. Basic terms. Business risk and insurance. Insurance market entities. Insurance law. Sources, present legal regulation. 2. Business risk, traditional risk methods, alternative risk methods, captive insurance. 3. Legal relations of insurance law. Insurance contract legislation, conclusion, contract interruption, contract termination. insurance conditions. 4. Damage and loss insurance. 5. Legal and contractual insurance. Insurance in business practice. Insurance market trends for entrepreneurs and industry. 6. Property insurance - legal aspects. Liability insurance. 7. Liability. Liability insurance. 8. D&O Insurance. 9. Damage and insured event. Claims settlement. 10. Claims settlement. Specific cases (responsibility, cybernetics, etc.). 11. Insurance fraud and possible solutions, international insurance fraud. 12. Legal regulation of insurance intermediaries. Single passport for insurance intermediaries. Significance for the client. 13. Single insurance market. Member State supervisory cooperation. Insurance market in the Czech Republic and the EU. 14. International Insurance Law.

Conditions for subject completion

Full-time form (validity from: 2019/2020 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)		Min. number of pointsMax. počet pokusů
Credit and Examination Credit and Examination 100 (100) 51
        Credit Credit 20  5
        Examination Examination 80  46 3
Mandatory attendence participation: credit - elaboration and presentation of seminar paper, active participation in exercises exam - combined (written and oral)

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Conditions for subject completion and attendance at the exercises within ISP: credit - seminar papers according to assignments in LMS exam - combined (written and oral) in exam period

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Occurrence in study plans

Academic yearProgrammeBranch/spec.Spec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2023/2024 (N0413A050014) Economics and Management (S03) Economics and Law in Business P Czech Ostrava 2 Compulsory study plan
2022/2023 (N0413A050014) Economics and Management (S03) Economics and Law in Business P Czech Ostrava 2 Compulsory study plan
2021/2022 (N0413A050014) Economics and Management (S03) Economics and Law in Business P Czech Ostrava 2 Compulsory study plan
2020/2021 (N0413A050014) Economics and Management (S03) Economics and Law in Business P Czech Ostrava 2 Compulsory study plan
2019/2020 (N0413A050014) Economics and Management (S03) Economics and Law in Business P Czech Ostrava 2 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner

Assessment of instruction



2021/2022 Summer