Training course overview
This intensive 5-day program is designed to provide participants with a thorough understanding of Property and Casualty (P&C) insurance, delivered by a seasoned Regional Risk Consultant. The course will cover the basic principles of insurance and the operational aspects of general insurance, focusing on the various insurance classes under the P&C umbrella.
Participants will explore the roles of insurance companies, reinsurers, brokers, and other intermediaries in the insurance ecosystem. The training includes detailed insights into P&C insurance products, including Fire, Industrial All Risks, Machinery Breakdown, and various Liability coverages, such as Public Liability and Professional Indemnity.
A key segment of the course addresses construction insurance (C.A.R), focusing on its necessity under Conditions of Contracts (FIDIC wordings). Additionally, the course will delve into Professional Indemnity insurance, crucial for professionals like Engineers, Architects, and Surveyors, covering its implications and applications.
The program will also include a detailed examination of underwriting and claims perspectives, with specific clauses and endorsements highlighted. Real-life case studies will be used to illustrate the practical applications of these insurance policies within regional and global insurance frameworks.