In response to the need of the insurance industry for a more diverse and better educated workforce, the insurance program at Howard University started in 1979, and Howard became the only Historically Black College and University with a Center for Insurance Education. Howard’s insurance program offers two concentration programs under the Finance major in the School of Business. Two programs are
- The Risk Management and Insurance (RMI) concentration
- The Actuarial Science concentration
The university currently offers four insurance courses:
- Risk and Insurance,
- Life and Health Insurance,
- Property Liability Insurance, and
- Risk Management.
The Center for Insurance Education with its advisory board provides the Summer Intern School program for current students in the School of Business and the Summer Actuarial Program for high school students. The purpose of the Center for Insurance Education is to prepare highly skilled students for leadership positions in the insurance and financial services industries.