London Downtown by Max Van Den Oetelaar on Unsplash

International Insurance Markets

Network with industry professionals in not one, but two amazing destinations

The International Insurance Markets program offers students the opportunity to explore two of the top insurance markets in the world. London is an ideal place for students to learn about insurance company operations, the Lloyd’s of London insurance market, global risk management strategies and the various roles of industry participants. It is a unique market that offers a broad spectrum of alternatives for risk managers. As a strong complement, Bermuda is also an important market. Its growth and reputation are due primarily to the facilities available to support captive insurers and other alternative risk financing mechanisms. Students will experience the warm winds and beautiful beaches of Bermuda and the best of London’s urban charms while expanding their understanding of international business and the global insurance market!

Key information

Language

English

Semester

Spring 2025

Program type

Group Study

Application information

Application status

Closed

Application deadline

November 11, 2024

Additional requirements

This program has additional eligibility requirements.

Please view the program requirements in the eligibility section below.

Information sessions

October 17 at 4pm, Zoom (recording below)

November 5 at 4pm, SH447

Learn more about Risk Management

Haskayne School of Business: Risk Management program

Have questions?

For more information, please contact the program instructor, Anne Kleffner kleffner@ucalgary.ca

For application and registration support, please contact group.study@ucalgary.ca

Other useful links:

Information Session

Program Details

Questions about these courses should be directed to the program instructor.

Please note: course descriptions are tentative and subject to change.

  1. Courses Offered

    Students on this program are required to take:

    RMIN 559.02: Selected topics: International Insurance Markets (3 credits)

         and will choose one of the following two options:

    MGST 597.08: Directed Study (3 credits)
    UNIV 501.25: Experiential Learning (3 credits)

    This program provides 2 courses (6 units) in total.

  2. Prerequisites

    RMIN 559.02: RMIN 317 or consent of department

    MGST 597.XX: consent of department

    UNIV 501.XX: consent of department

For a detailed itinerary, click here (coming soon).

  1. Pre-departure

    Date TBD, Calgary: Mandatory pre-departure orientation from Global Learning

    May 7, 14, 21, 28, June 4 Calgary: Mandatory pre-departure academic sessions

  2. In-field

    June 7-8: Travel to Bermuda

    June 9-13: Bermuda

    June 14-15: Travel to London

    June 16-20: London

    June 21: Return to Calgary or further travel

    For a comprehensive program itinerary, please click here (coming soon)

  3. Post-field

    Submission of Final Paper

  1. Costs

    The estimated cost of the International Insurance Markets Group Study Program is $7, 211. This includes tuition, airfare, field trips, local transportation, accommodations and meals. 

    For the full cost breakdown and payment deadlines, please see the program Student Cost Summary.

    Important information regarding deposit payments: Deposits are non-refundable. Deposits secure your space in the program and allows payment for logistical arrangements to be made in advance.

  2. Funding

    Our office administers several awards, including the Global Access Fund (based on a funding-first model where students apply prior to committing to a global learning program) and the Global Learning Award (students apply after being accepted to a global learning program; the amount varies year-to-year as the money is split among chosen recipients). Students may only receive these awards once. Please see the funding page, linked here, for more information. 

    Students are also eligible to apply for the William H. McGannon Foundation scholarships. Find more information, dates and links to the application here.

    Spencer Scholarships: Application Deadline January 31, 2025. More information here.

    Student loans: If you qualify for student loans, your program should qualify. We are able to provide you with a letter confirming your participation in the program for funding purposes. Please email group.study@ucalgary.ca to request a letter.

    Please note that eligibility for student loans is determined by your loans provider.

All accommodations will be safe, clean and appropriate for student groups.

More information coming soon.

This program is open to all Haskayne School of Business students in good academic standing with the appropriate pre-requisite courses. Preference is given to RMIN concentration students. Actuarial Science students in 3rd year or above will also be considered. 

Applications will be considered when all required documents are received.

Announcements on whether you have been selected to the program will not be distributed until after the November 11 deadline.

  1. Written application questions

    All Group Study Programs have general questions about how the program will meet your goals (academic reasons, personal interest, career prospects, etc.), how you plan to finance your program, and coping skills for travelling abroad. These questions are designed to help narrow down your motivation for applying and why you should be selected. 

    Note: Because the online application will time out after one hour, we recommend that you "save" your application, copy the questions into a Word document to compose your answers, check for spelling, grammar and word count, and then paste it into the online application.

  2. Unofficial Transcript

    Download an unofficial transcript from your Student Centre. Click here for a step-by-step guide to access your unofficial transcript.

    You will be asked to upload your transcript as a PDF in the online application.

  3. Meeting with the Instructor

    You may be asked to meet with the professor to determine if you are a good fit for the program. If that is the case, you will be contacted by the instructor for a meeting.

Please ensure that you have read the Group Study Program General FAQs thoroughly before applying.

I think being put in a professional business setting everyday gave me insight into what my career will be like and made me very excited for it! I would 100% recommend the group study program. You don't have to commit to a whole semester abroad but you still get to travel and learn about school as well as learn some life skills! Travelling and planning out what I did on my free time allowed me to learn to be more independent. I was nervous about going because I did not know anyone, but we all ended up getting to know each other really well and I made a group of new friends that I likely never would have otherwise. The group study program is a perfect balance of academics and exploring/travelling. I now have a great experience to add to my resume and I trip I will remember for the rest of my life.

Alissa (2024 participant)

Getting started

Program-Specific Info Sessions

Info sessions are scheduled for every Group Study Program. Attending an info session is not required to apply, but strongly recommended as it will give you an opportunity to meet the instructor and learn more about the travel experience.

We also recommend watching Global Learning 101 for general information.

Watch Global Learning 101

Global Learning Advising

If you have questions about this program, you can meet with one of our Global Learning Advisors by emailing group.study@ucalgary.ca or booking an appointment through the link below.

1. Select "Advising"
2. Select “Study Abroad”
3. Select “Book by Appointment Type”
4. Select your program advisor to view available times.

Book an appointment

Academic Advising

Before applying to study abroad, you should ask your academic advisor how a Group Study Program might align with your degree.

After you are accepted, you should ask your academic advisor more specific questions about courses/credits. It’s also recommended to follow up with your advisor again once you return to Calgary.

Find your academic advisor

Start your application

Once you have gathered everything you need, you can begin your application!

Please note: Applications will not be considered complete until all required documents are submitted in full.

APPLY NOW

International travel presents challenges that may not be found when attending classes on campus. There may be a lack of resources, emergency services, hospitals, accessibility issues and/or demands on the physical and the mental self, all of which can challenge individuals when away from their usual support systems and structures. Adequate preparation is essential.

For this reason, it is imperative that you evaluate all aspects of your own physical, psychological, emotional and spiritual condition against the rigors of the particular global learning program you are selecting. If you are unsure of whether or not this program is a good fit for you and/or if you have any circumstances that could impede your enjoyment of the program, please contact us. Our Global Learning Advisors will be happy to assist in finding the best options for you and arrange any supports or accommodations necessary to ensure your success.

If you have or are seeking a certificate from Student Accessibility Services, you should provide this early to your Global Learning Advisor to ensure that the option that you are seeking can support your needs.

Please note: All participants must adhere to COVID-19 and other vaccination-related requirements for the destinations visited on this program. Failure to do so may have consequences such as being denied access to accommodation/housing, program activities, or to the host country itself.