"Business Knowledge for IT in Insurance" deals with the alignment of IT and business in Insurance industry as well as the Reinsurance industry. The idea behind this publication is to introduce IT professionals to the concepts of the Insurance and Reinsurance. The chapters in the book cover the following topics: Overview of Insurance ; Types of Insurance products; Overview of Reinsurance ; Recent trends in Insurance ; Risk and Insurance ; Business Processes in Insurance ;Systems used in the Insurance industry ; IT projects that can be executed in Insurance companies ; And much more. "Business knowledge for IT in Insurance" is an invaluable reference handbook for IT professionals. It is also useful for both undergraduate and graduate students in Information Technology - related degree programmes.