Insurance Risk Management Course

The Insurance Risk Management Course will cover the following topics and more: 

Risk and Related Topics

• Definition of Risk
• Classes of Risk
• Risk and Uncertainty
• Risk and Probability
• Risk, Perils, Hazards and explain the adverse effect of risk on economic activity

Risk Management

• Introduction to Risk Management
• Stages of Risk Management Process
• Risk Identification
• Risk Measurement
• Risk Identification

Insurance

• Introduction to Insurance
• Attributes of Insurance
• Essential of Insurable Risk
• Comparison: Gambling and Insurance
• Comparison: Speculation and Insurance
• Benefits and Costs of Insurance

 Legal Principle of Insurance Contract

• Principle of Indemnity
• Principle of Insurable interest
• Principle of Subrogation
• Principle of Utmost Good Faith
• Principle of Contribution
• The doctrine of Proximate Cause

Health and Life Insurance

• Financing Life Insurance
• Classes of Life Insurance Plans
• Determination of Premium
• Employees Compensation Insurance
• Accident Insurance

 Other Non-Life Insurance

• Liability Insurance
• Burglary Insurance
• Fire Insurance
• Vehicle Insurance
• Aviation Insurance
• Marine Insurance
• Engineering Insurance
• Fidelity Guarantee Insurance
• Fiscal/Capital Insurance

Corporate Risk Insurance

• Identify, Analyse, and Manage business exposure to risks
• Selection and application of risk control and risk-financing techniques
• Insurance and non-insurance transfer methods

Insurance and Regulations

• Regulation
• Insurance Distribution Systems
• Property and Liability Insurance Underwriting,
• Loss control
• Premium Auditing
• Ratemaking Principles and processes
• Insurer Financial Management
• Property and Liability Claims Adjustments

Insurance Claims

• Claims; claim handling process, claim investigation techniques, good-faith claim handling, ethics, negotiation, and managing litigation.
• Persons/Property Insured
• Loss; Causes of Loss, Loss Adjusting Process and Procedures
• Insurance Frau
• Insurance claims for:
• Residential Construction
• Preparing Estimates
• Merchandise/Time Element Loss
• Auto Physical Damage
• Contractor’s Equipment

 Reinsurance and Surplus

• Surplus Lines Insurance
• Introduction to Reinsurance
• Why you should consider reinsurance
• Classification of Reinsurance

Course Booking

Please use the "Book Now" or "Inquire" buttons on this page to reserve your space or request for more information