Banking and insurance companies: management and organization from tradition to innovation (fintech/insurtech - global risks management)
According to the objective of the Degree curricular program, the course aims at presenting the structure, operating principles and some products of banks and insurance companies. The focus will be on the evolution from the traditional banking and insurance business to the "tech" business, with the relevant organizational implications and innovations. Specific reference will be made to the Italian and American markets, complemented by relevant examples from other countries.
Innovations will also be analyzed with reference to the contingent situation: from natural catastrophes to pandemic insurance products.
Financial intermediation and economic and social growth
Stability and effectiveness of financial systems' regulation.
Banks' performance and how to evaluate it
Banks versus insurance: what's different
Innovation in banking and insurance: fintech and insurtech
Fintech and insurtech: typology and perspectives
Fintech and financial inclusion
Securitization and the global financial crisis
Securitization in insurance /pandemic bonds.
The Covid-19 pandemic and the financial markets
Lectures, exercises, group works, guest speakersindividual assignments
Final grade is based on:
-quality of in-class participation 15%
-group work 15%
-individual reports from the field visits/invited speakers 15%
-written exam 55%
The written exam comprises open questions, requesting short answers, and some multiple choice questions.
The course is offered in English within the Summer Business Program a.a. 2020-21 (only for students of the undergraduate programs in “Economia”, “Economia aziendale” and foreign/Erasmus students). A maximum number of students is accepted. In order to be considered, students must apply, following the instructions for the Summer Business Program a.a. 2020-21 published on website https://www.unibg.it/node/388.
Attendance is compulsory, max 25% absence rate is admitted.
Reference person for the Summer Business Program: prof. Mauro Cavallone
Course given by: prof. Laura Viganò.
If the course is offered in distance learning or in a blended form, some changes to what declared in the syllabus may apply in order to make the course and exams functional to the distance mode.