PUNE
P058
- COMPREHENSIVE TECHNICAL PROGRAMME IN GENERAL INSURANCE
Background:
The
globalisation of insurance practices has necessitated all stakeholders in the
insurance ecosystem to be aware of one another's practices, which will
immensely contribute to building regional capacities. Hence the Comprehensive
Technical Programme in General Insurance aims at developing the pool of
knowledge on the practices prevalent in the different sub-environments which are
a part of the Global Insurance ecosystem. The programme also facilitates in
building up the concepts of common theoretical base that remains true across the global
market and enable the participants to develop a holistic understanding of all
the major lines of insurance business. The participants will also have an
opportunity to find efficient solutions to the problems of their respective
markets from the knowledge that they will gain during this training programme.
The
pedagogy comprises of:
§
Classroom
session which includes extensive discussion through practical examples and case
studies
§
Visit
to Car & Port model to facilitate deeper understanding.
§
Group
presentation by the participants
Objectives:
The programme aims to equip the participants with knowledge of:
§
Principles
and practices of general insurance
§
Main
General insurance covers and their applications
§
Underwriting
practices
§
Claims
Management-Best practices.
Contents:
1. General Insurance
§
Global
general insurance scenario
§
Principles
& Practice of insurance
2.
Main classes of general
insurance
a.
Fire Insurance
§
Fire
Insurance Policies - concepts, cover, extensions, add-ons
§
PML concepts
& its importance in underwriting
§
Business
interruption concepts, cover, and extensions
§
Claims
Management
b.
Marine Insurance (Cargo
& Hull)
§
Institute
Cargo Clauses 1982 and 2009
§
Payment and
Documentary Credit System
§
Inco terms
§
Bulk Cargo
Clauses
and Inland Transit Clauses
§
Subrogation
& Recovery
§
Marine
Claims Management
§
Protection
& Indemnity
§
Marine Hull
(Basics, Clauses & Relation to Cargo insurance)
§
Visit to
Port Model
§
Visit to Maritime Institute
c.
Motor Insurance (Own
Damage & Third Party)
§
Anatomy of Automobiles
§
Motor
Insurance Policies - concepts, cover, extensions, add-ons
§
Management
of Claims
§
Role of
Technology in motor insurance
§
Motor TP
Insurance
§
Insurance of
Electric Vehicles
§
Visit to Car
Model
d.
Health Insurance
§
Health Insurance
Policies - concepts & coverage
§
Health Insurance Underwriting
& claims
e.
Engineering Insurance
§
Project
insurance policies - Coverage, underwriting & claims
§
Engineering Insurance policies - Coverage, underwriting
& claims
f.
Miscellaneous Insurance
§
Miscellaneous
insurance policies – conventional & transformational products - Coverage,
underwriting & claims
§
Aviation
insurance
§
Oil &
energy insurance
g.
Liability Insurance
§
Public &
Product liability, CGL - concepts, cover, extensions, add-ons
§
E&O, D&O & Cyber
h.
Crop Insurance
§
Rural & Micro insurance
§
Agriculture insurance
3. Reinsurance
§
Fundamentals
of Reinsurance - Proportional; Non-Proportional; Facultative
§
Global
Programmes - Understanding the concepts, Methodology & working of Programme
§
Role of Intermediaries in Reinsurance Markets
4. Others
§
Insurance
Frauds Management
§
Customer
service
§
Product
Distribution
Participants Profile:
Junior
& Middle level insurance Executives handling insurance in overseas General
Insurance companies, Consulting firms, Brokers; Government, Regulators and
Government undertakings.
Duration:
3 Weeks
Dates:
18.11.2024 - 06.12.2024