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
OUTBOUND SESSION FOR 2 DAYS
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:
17.11.2025 - 07.12.2025