This specially crafted 5-day program will enable participants to understand the coverage afforded under the broad umbrella of P & C insurance classes. Participants who attend this Coventry Academy training course will learn and appreciate basic principles of insurance and how this component of general insurance operates. The training course will be delivered by an experienced Regional Risk Consultant.
The roles of Insurance companies, reinsurers, brokers and other intermediaries will also be deliberated.
Included in The Complete Course on Property and Casualty (P&C) Insurance training course will be the short excerpts of each of the P & C insurance products such as Fire, Industrial All Risks, Machinery Breakdown and Liability coverages including Public Liability and Professional Indemnity.
A special segment on construction insurance (C.A.R) - The need for such coverage under the Conditions of Contracts (FIDIC wordings) will also be addressed. It has two main sections ie. Section I and II.
Separately the Professional Indemnity coverage will be explored further. This class of insurance is normally taken up by Engineers, Architects and Surveyors to protect their professional responsibilities. This policy is a liability cover for the insured party in the event of a negligent claim made by a Client.
All the relevant P & C policies will be explored and deliberated with underwriting and claims perspectives. These differences will be highlighted, and specific clauses / endorsements will be addressed. Several interesting and real - life case studies will also be used to share the applications of these respective insurance policies based on regional and global insurance programs.
By attending this Coventry Academy training course you should achieve these goals:
This Coventry Academy training course is suitable to a wide range of professionals but will greatly benefit: