PUNE
P162
- MANAGEMENT OF MISCELLANEOUS INSURANCE BUSINESS –
(NON-LIFE)
Background:
Traditionally, miscellaneous insurance comprised of several lines
of business including property, health, personal accident, travel, aviation,
liability, employer’s liability, rural & micro. With time, the portfolio
has undergone changes. Health
insurance over the last decade has grown phenomenally and currently constitutes
22% of the general insurance business. As
per health insurance regulation, health insurance comprises health, PA &
travel. Crop insurance has assumed
significance over the last 5 years. Separate
regulation has been introduced for micro insurance.
Liability insurance especially D&O, PI and Cyber gaining foothold.
The share of miscellaneous insurance excluding health & crop is
currently low. Sales &
marketing challenges are manifold and requires knowledge of products,
regulations, innovations, market trends, effective underwriting and claims
management.
Objectives:
The programme aims to equip participants with knowledge of
§
Portfolio
trends and its implication
§
Regulations
and its implications
§
Miscellaneous
insurance products and add on
§
Innovations
§
Underwriting
aspects
§
Claims
management.
Contents:
§
Introduction
to miscellaneous insurance
§
Regulations
impacting miscellaneous insurance.
§
Coverage,
underwriting & claims aspects of Conventional products (Bankers Indemnity,
Jewellers Block, Fidelity guarantee, plate glass, householders, shopkeepers)
& New products (Title Insurance, SME insurance, home Insurance, crime
insurance)
§
Rural and
Social Sector - policy coverage and regulations
§
Crop
insurance - policy coverage and regulations
§
Liability
insurance - Basics
§
Public
& Product liability
§
Professional
indemnity
§
Directors
& Officers, CGL
§
Cyber
Insurance
§
Transactional
Insurance (Representations & Warranties)
§
Insolvency
Professional Indemnity Insurance
§
Role of
Reinsurance in helping to develop Miscellaneous Insurance
Participants’
Profile:
Officials handling Miscellaneous Insurance in Head Office, Regional
Offices, Operating Offices of Indian and foreign public & private sector General
Insurance Companies
Duration:
3 days
Dates:
I.
20.05.2024
- 22.05.2024
II.
25.11.2024 - 27.11.2024
III.
29.01.2025
- 31.01.2025