Title

A COMPREHENSIVE COURSE IN GENERAL INSURANCE

Date

13 – 16 February, 2012

Duration

4 Days

Level  

Intermediate / Advance

Time

9.00 am – 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. IR. Lim Eng Hwa
2. Ong Ah Sung, AMII, ANZIF (Snr Assoc)
3. Peter Wong Woon Hock, AAII, AMII, CIP
4. Roy Sharma, LLB (PIONS) (LONDON), CLP

KEY LEARNING CONTENTS

:: DAY 1 ::

FIRE INSURANCE

• Scope of cover, exclusions and conditions of a standard policy
• Available perils extensions
• Commonly used clauses, warranties and endorsements
• Types of property to be insured
• Methods of arranging the cover

FIRE LOSS OF PROFIT

• Why the need for business Interruption Insurance?
• Identify what is covered by Business Interruption policy 
• Extension of Cover 
• Understanding commonly used terms:

>> Turnover, Gross Profit, Standing Charges, Variable Charges, and Indemnity period

• Calculating and Projecting amount to be insured 
• Determined the Maximum Indemnity period and the factors that need to be considered.

:: DAY 2 ::

RISK ASSESSMENT IN GENERAL INSURANCE

• What need to be assessed - physical hazards and moral hazards
• Methods used to assess risks - proposal form, survey and survey reports
• Common format of proposal format and its contents
• Common contents found in survey report

RISK MANAGEMENT IN GENERAL INSURANCE

• Risk identification
• Risk analysis
• Risk control (focus on loss prevention)

METHODOLOGY & PRINCIPLES OF PREMIUM RATING OF GENERAL INSURANCE

• Applying a premium rate to a premium base basis
• Flat premium basis
• Adjustable premium basis

 
METHODOLOGY & PRINCIPLES OF PROPERTY VALUATION

• Market value basis
• Reinstatement value basis
• Agreed value basis

:: DAY 3 ::

MISCELLANEOUS (BURGLARY, MONEY, FG, PLATE GLASS AND EQUIP ALL RISKS)

• Principles of Insurance 
• Scope of coverage, exclusions, conditions and extensions
• Commonly used clauses and warranties
• Risk assessment, management and control 
• Underwriting and Rating 
• Case Study 

:: DAY 4 ::

LIABILITY INSURANCE
•   Professional Liability 
•   Product Liability  
•   Public Liability

• D & O Liability
• Employers Liability

Course Fee

Fees Category

LOCAL

INTERNATIONAL

Single Registration

RM 2580

USD 1200

Group Registration

20% Discount will be given to the fourth and subsequent registration