Property insurance (Fire Insurance) is a major contributor to the general insurance business. But post de tariffing drastic reduction in prices in fire rates has led to the portfolio waning in the recent past. Currently the property segment is undergoing changes in terms of stipulation of minimum STFI rates, IIB rates, Earthquake, deductibles and changes in reinsurance treaties; Practitioners require intensive knowledge to understand the increasing complexity and nature of property insurance. This Diploma aims to provide a holistic view of property risks, its assessment, market developments underwriting, reinsurance aspects, and claims management.
Standard Fire S Special Perils Policy (SFSP) cover is widely available and many corporate entities have SFSP policies in force. IRDAI has come out with 3 standardised policies under fire line of business w.e.f. 01.04.2021 and these are applicable for SMEs, shops and individuals. However, the SFSP policy with add on covers is a complex policy to understand and added to that the complexity of large risk policies with international wordings and add on covers have thrown lot of issues of interpretations in the minds of insurers, brokers and customers.
Realising the above importance of the subject, National Insurance Academy, Pune is happy to bring out a Professional Diploma in Fire Insurance.
Duration of the course will be 3 months. However, the candidate can appear for the final examination after completing two months. The examination date will be announced in our portal later.
Indian: Rs. 9440/- (Rs. 8000 + 18% GST) (Payment Gateway : https://www.niapune.org.in/payments/)
Overseas: US$ 153 (US$ 130 +18% GST)
For Corporate Nominations: