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
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Portfolio trends and its implication
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Regulations and its implications
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Miscellaneous insurance products and
add on
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Innovations
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Underwriting aspects
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Claims management.
Contents:
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Introduction to miscellaneous
insurance
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Regulations impacting miscellaneous
insurance.
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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)
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Rural and Social Sector - policy
coverage and regulations
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Crop insurance - policy coverage and
regulations
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Liability insurance - Basics
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Public & Product liability
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Professional indemnity
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Directors & Officers, CGL
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Cyber Insurance
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Transactional Insurance
(Representations & Warranties)
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Insolvency Professional Indemnity
Insurance
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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
I.
28.04.2025
- 30.04.2025
II.
01.09.2025
- 03.09.2025
III.
09.02.2026
- 11.02.2026