Financial protection at the personal as well as corporate level has been growing in importance over the years. Insurance transfers the risk of a loss from one entity or individual, to another in exchange for a payment. How do these insurance companies quantify risk? Enrollment in insurance related courses would help you understand how risk is quantified in monetary terms. Upon completion of such courses you will be able to choose the best policy provider matching the needs for you or your company, or you may also end up becoming a professional in the insurance industry itself.