Property Insurance Training Package

Property Insurance Training Package

Four modules covering different topics related to Commercial Property Insurance: •  Commercial Property All Risks – LM7 wording •  Common Market Extensions & Clauses •  Business Interruption Insurance •  Fire Awareness

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Commercial Property All Risks – LM7 Wording

Commercial Property All Risks – LM7 Wording

Description Even though the All Risks policy has been around for quite some time, it still offers some challenges to industry professionals. Objective This module analyzes, in depth, the LM7 wording, along with the different components of cover and the calculation of the sum insured Target Audience Junior underwriters, underwriting assistants, junior claims personnel, sales,

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Property Insurance: Common Market Clauses & Extensions

Property Insurance: Common Market Clauses & Extensions

Description It is rare to issue Property Insurance policies nowadays based on Standard wordings alone. Most contain many additional clauses and extensions of cover. Objective This presentation aims to explain the most commonly used clauses and extensions in the market, their benefits & impact on scope of cover provided. Target Audience Junior underwriters, underwriting assistants,

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Business Interruption Insurance

Business Interruption Insurance

Description Statistics show that business interruption claims, following major events such as fire or Nat Cats, are exceeding the costs of reinstating the property damaged as a consequence of said events. Yet, it is a complex line that needs deep understanding in order to sell and underwrite and subsequently settle claims. Objective This course is

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Fire Awareness Training

Fire Awareness Training

Description We all have a responsibility to prevent fires from happening. Hence we all have a vested interest in understanding how to do that. Working in the general insurance industry, in whatever capacity, we have an additional need to understand fires as part of our job (fire assessment, risk management….) Objective This course is designed

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