P072 - MANAGEMENT
OF LIABILITY INSURANCE (NON-LIFE)
Businesses
are fast evolving and increasingly being exposed to potential liabilities from
various stakeholders. With more and
more stringent legislation, regulations, the compliance on the part of the
entities is increasing. In the last five years, there have been several
instances of product recall. Companies expanding their businesses in various
geographies specially USA & Canada are exposed to huge risks as the laws
prevalent are stringent. Of late
Directors & Officers are facing huge liabilities in terms of security
claims, defence cost and employment practices. Cases of professionals are being
held liable for negligence is on the rise. Cyber-attacks
and liability, though emerging can have severe ramifications for entities.
Given the current trends of high liability awards, companies, firms and
professionals can no longer afford to stay uninsured.
The programme aims to equip participants with knowledge of -
§
Emerging
landscape
§
Trends in
awards
§
Underlying
risk of different liabilities
§
Coverages,
exclusions, clauses & extensions of different liability products
§
Underwriting
& Claims management
Contents
·
Overview of liability insurance
·
Essentials of Legal liability, Tort and strict liability
·
Loss Exposures and Risk Management
·
Public liability Act Policy, Public liability policy industrial &
Non-industrial, Product liability, Product recall
·
Commercial General Liability
·
Director & Officers’ Liability
·
PI
·
Cyber Insurance
·
Underwriting of different types of liability risks
·
Claims management
Participants’
Profile
Officials handling Liability Insurance in Head Office, Regional
Offices, Operating Offices
of Indian
and foreign public & private sector General Insurance Companies.
Duration:
3 days