Liability intermediate
Course description
Target group
This intermediate course is designed for designated liability underwriters who wish to gain a comprehensive insight into general liability insurance. The course appeals to those who enjoy the challenge of group assignments in an international audience.
Training goals
Participants are able to identify and explain the different classes of liability insurance and how the various triggers operate. They know the fundamentals of the liability law and critical reserving issues. Furthermore, the understand the difference between professional indemnity and public liability insurance.
Content
- Basic principles of the public liability insurance
- Liability and coverage
- Cornerstones of a policy (including "triggers")
- Basic principles of liability law
- Professional indemnity in general
- Professional indemnity for architects and engineers
Benefits
Participants gain familiarity with the various forms of liability insurance and feel comfortable with the theme in general. The knowledge they acquire makes them more qualified discussion partners in the liability line of business. In addition, participants learn in a highly interactive way and broaden their understanding of liability issues affecting other regions of the world.
Special background requirements
To attend this seminar, participants should:
- have basic knowledge of liability products
- have two years of underwriting experience (risk assessing, rating, estimating and determining insurance requirements)
