Title |
RISK MANAGEMENT AS APPLIED TO BUSINESS INTERRUPTION INSURANCE |
Date |
2 – 3 August, 2012 |
Duration |
2 Days |
Level |
Beginner / Intermediate / Advance |
Time |
9.00 am to 5.00 pm |
Venue |
Seri Pacific Hotel Kuala Lumpur
Jalan Putra
50746
Kuala Lumpur
Malaysia
Tel (603) 4042 5555
Fax (603) 4041
7236
E-mail: resv@seripacific.com
http://www.seripacifichotel.com
|
Trainer |
1. Mr. Sam Wong
|
Key Learning Outcomes |
Upon completion of the course, participant will be able to:
- Being aware of risk management to Business Interruption Insurance
- 2Implement the new knowledge to improve sales
- Acquire a better insight on the principle of Business Interruption Insurance and claims
- Make better decisions by using his new knowledge and skills onto their daily jobs
|
| Key Course Content |
Session 1 – Overview of Business Interruption Insurance and the Gross Profit
- Specification
- The Business Interruption Policy
- The Material Damage Proviso
- The Exclusions
- The Conditions
- Proximate Cause and Types of Fire Losses
- Extensions Available
- Conduct Business Interruption -Loss Risk Assessment
- Conduct a Business Interruption -Loss Insurance Audit
- The Gross Profit Specification
Session 2 – Risk Management Procedures
- Identify all types of risks that can lead to Business Interruption Losses
- Ensure Corporate or Business Objectives are Attained
- Deciding on the Best Business Interruption -Loss Risk Techniques
- Contingency Planning
- Ensure Sufficient Funds and Resources to ensure Continuity of Business
Session 3 – Writing the Fire Con-Loss Insurance Programme
- Taking into consideration the Risk Assessment and Audit
- Taking into Consideration all the "gaps" found in the Business Interruption -Loss Policy and the Specification
- Ensure that the Programme can and is "Claims Proof"
- Ensure that the Programme will almost always Pay in Full
|
Who Should Attend |
General Insurance Agents, Underwriters and Marketing Staff, SMEs and SMIs and the Public and any Purchasers of General Insurance.
|
Course Fee |
Fees Category |
|
LOCAL |
INTERNATIONAL |
Single Registration
|
RM 1340 |
USD 600 |
Group Registration
|
20% Discount will be given to the fourth and subsequent registration |
