PriSim® delivers a business training course for the Insurance Services division of AAA. The course utilizes PriSim’s Insurance Business Simulation – Insurance Challenge!TM property and casualty insurance simulation. Participants run a simulated insurance carrier and independent agency network in teams, competing for market share and profit. As part of the exercise, each team formulates their company’s mission and executes their strategy through several rounds of competition.
“The simulation provided the participants with a hands-on perspective of how to run an insurance company in a team environment. The sometimes unanticipated consequences of management actions were illustrated in real-time by the model. It’s a great use of time to train in team dynamics, insurance operations, and finance.”
- Product Executive, Insurance Services, August 2010