Title |
MII Workshop on Liability Insurance – Underwriting Workshop |
Date |
28 – 29 November, 2012 |
Duration |
2 Days |
Level |
Intermediate |
Time |
9.00 am to 5.00 pm |
Venue |
The Malaysian Insurance Institute
MII City Centre
S17-S28, 2nd Floor,
Maju Junction Mall
1001 Jalan Sultan Ismail
50250 Kuala Lumpur |
Trainer |
TBA |
Who Should Attend |
- Insurance Industry Personnel who have basic knowledge in Insurance or basic knowledge in Liability Insurance.
- Non– insurance personnel whose work require an understanding or practical knowledge of the subject
- Anyone who require knowledge on insurance
|
Key Learning Outcomes |
At the end of the course, participants will be able to :
- gain an in-depth understanding of the various forms of liability cover available with focus on the CGL, Contractual Liability and Products Liability
- explain how legal liabilities can arise in different situations and how they may be insured
- assess/identify the risk/loss exposures and observe the market practice
- describe the main and key features of each cover and their entire underwriting processes
- make a reasonable underwriting decision based on the techniques learnt and experiences share during the workshop
- know the whole process of underwriting
- have the knowledge to make an underwriting decision
|
Course Content |
- Comprehensive General Liability Insurance
- The policy cover, extensions and exclusions
- The various forms of cover available in the market
- Review the difference between the Public Liability and CGL policy
- What are the information required to underwrite and how to
evaluate the risk exposure
- The basis of rating
- Case study : CGL and the underlying clauses
- Contractual Liability
- The application and impact of policy clauses, conditions and
exclusions
- A review of the contractual obligations found under the various oil
contract such as Shell, Petronas, EPMI and other contracts
- The basis of rating
- Case Study: The scope of cover provided
- Case study on coverages
- Products Liability Insurance
- A review of claims made and occurrence form
- The policy cover, extensions and exclusions
- Review of information to underwrite Products liability Insurance
- The basis of rating
- Case Study
Note
To ensure practical application of the lesson, participants must bring along copy of the following documents:
- Public Liability Policy & Proposal Form
- CGL Policy & Proposal Form
- Any other related forms/documents
(please bring along if you have any document relates to ‘occurrence and claims made’)
|
