Graduate Certificate
in Insurance Law

This program is designed for people working in the insurance industry or who would like to work in the insurance industry who do not have a law degree and want to learn about insurance law. It will be taught in partnership with the Australian College of Insurance Studies (ACIS).  

Program summary

Graduate Certificate in Insurance Law (GCInsurLaw) courses offered in 2021

The program consists of four courses.

Courses

Core courses

Candidates need to take at least three out of the following four courses:

  • Principles of General Insurance Law
  • Insurance and Commercial Law
  • Principles of Life Insurance Law*
  • Insurance in a Global Economy*

* To be offered from 2022, subject to approval.

More details about these courses are provided below.

Elective courses

Electives available to candidates include:

Core courses

LAWS7139 Principles of General Insurance Law

This course focuses on the statutes and common law principles regulating insurance law. The aim of the course is to familiarise students with legislation such as the Insurance Contracts Act 1984 (Cth) and the Corporations Act 2001 (Cth) as well as the common law principles applicable to insurance contracts.

LAWS7860 Insurance and Commercial Law

This course focuses on the legal context and considerations of financial insurance and liability insurance including categories of financial liability, coverage and claims handling issues. The course considers business risk management and will cover commercial law considerations for insurance products such as business interruption insurance, professional indemnity insurance, errors and omissions insurance, crime insurance and trade credit insurance.

LAWS7xxx Principles of Life Insurance Law (available from 2022)

This course examines the general principles of life insurance law. The course begins by introducing students to life insurance products, industry regulation, contract questions and claims processes and examines relevant legislation including the Insurance Contracts Act 1984 (Cth) and Life Insurance Act 1995(Cth). Students will also be introduced to advanced topics: selling life insurance; issues for disability insurance and issues for group life insurance. Students will be expected to apply and improve their analytical and communication skills through close consideration and discussion of case studies and legal issues.

LAWS7xxx Insurance in a Global Economy (available from 2022)

This course seeks to develop students' knowledge of insurance law that deals with global political and economic risk. The course begins by considering business risk management and then examines the protection of international business assets and liabilities under Australian law and considers relevant legislation including the Insurance Act 1973 (Cth) and the Corporations Act 2001 (Cth). The course then examines political risk insurance by covering topics such as the nature of political risk and sovereign credit risk, major players in the political risk insurance market, contract considerations, key exclusions and operational issues. The course considers reinsurance and other cross border coverages. Students will have their knowledge of insurance law in the global context enhanced and will be expected to apply and improve their analytical and communication skills through close consideration and discussion of case studies and legal issues.

Tuition Fees for Graduate Certificate

The indicative tuition fee for 2021 is  $4, 340 for each course within this program and is subject to change.

Admission into the Graduate Certificate

The entry requirements for this program are:

  • a Bachelor degree or equivalent as approved by the Executive Dean with a GPA of at least 4.00 on a 7 point scale; OR
  • post-secondary study and at least five years full-time work experience in the insurance industry as approved by the Executive Dean; OR
  • seven years full-time work experience in the insurance industry as approved by the Executive Dean. 

The program code to cite for this program when you apply is 5459.  

Make an enquiry  Apply online for admission 

These courses can also be taken for Continuing Professional Development (CPD) purposes as a short course. Note: CPD courses do not contain assessment and are not eligible for academic credit.