The competitive business simulation game TOPSIM – Insurance realistically simulates current challenges using the example of a typical insurance company (direct insurer). The insurance simulation also includes modules on asset management and reinsurance. Players act as the directors, taking the strategic and operational business decisions for up to four classes of insurance (liability, accident, legal expenses and fire insurance).
Topics Covered:
Risk management
Sales management
Asset management
Marketing mix for the products and customer segments of an insurance company
Company: TOPSIM
Approximate price: Unknown
Playtime: 2-5 days
Learning objectives: Understand the fundamentals of the insurance industry
Develop in-depth insurance expertise
Apply a comprehensive, interdisciplinary approach that integrates managerial accounting aspects and considers market positioning
Develop, implement and adapt business strategies in the insurance sector
Link to simulation home page: https://www.topsim.com/wp-content/uploads/2021/03/SD_TOPSIM-Insurance.pdf