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Using A Distributive Approach To Model Insurance Loss, Kayla Kippes
Using A Distributive Approach To Model Insurance Loss, Kayla Kippes
Student Research Submissions
Insurance loss is an unpredicted event that stands at the forefront of the insurance industry. Loss in insurance represents the costs or expenses incurred due to a claim. An insurance claim is a request for the insurance company to pay for damage caused to an individual’s property. Loss can be measured by how much money (the dollar amount) has been paid out by the insurance company to repair the damage or it can be measured by the number of claims (claim count) made to the insurance company. Insured events include property damage due to fire, theft, flood, a car accident, …
Preparing For The Future: The Effects Of Financial Literacy On Financial Planning For Young Professionals, Tanay Singh
Preparing For The Future: The Effects Of Financial Literacy On Financial Planning For Young Professionals, Tanay Singh
Senior Theses
Purpose – Many people between the age of 20 and 34 have not considered planning financially for the future in any significant capacity and in doing so, they limit their potential savings. The purpose of this study is to examine what financial expectations are for people in the early stages of their career and determine if improving financial literacy and revealing financial realities helps to produce more accurate or realistic expectations. Ultimately, the goal is to better prepare participants in the study for the working world and increased responsibilities outside of the college/university environment by getting them to start thinking …