Diabetes, Hypertensions, Dyslipdaemia and its Applications in Insurance
(Life & Health)
23-24 February 2022
About The Course
This programme will target and offer deep insights into diabetes mellitus, hypertension and dyslipidaemia, that go hand in hand to cause a major NCD burden of insurance claims. Pathogenesis, diagnostic criteria, earliest markers, metabolic syndrome, acute and chronic complications and concept of target organ damage along with case histories will also be discussed.
Learning Outcome:
•Better evaluate proposals w.r.t. cardiovascular metabolic diseases (hypertension, diabetes mellitus & dyslipidemia) and prognosticate terminal events - Underwriting professionals (both life and health insurance)
•Better evaluate proposals w.r.t. cardiovascular metabolic diseases (hypertension, diabetes mellitus & dyslipidemia) - Claims professionals (both life and health insurance)
•Understand the interaction of the risk factors
Foundation Course in Motor Insurance
23-24 February 2022
About The Course
Participants will be provided with a basic knowledge on this class of insurance, where they will gain an understanding of the scope of coverage and benefits of Motor Insurance, as well as the relevant underwriting and claims conditions, and procedures relating to the product.
Learning Outcome:
• Relate Motor Insurance and its needs.
• Understand and express the principles of Motor Insurance.
• Distinguish between different Motor Insurance coverage and its benefits.
• Make reference and interpret the Malaysian Motor Insurance Tariff.
• Recognize and apply various documentation in Motor Insurance.
• Relate various laws related to Motor Insurance.
• Compute premium for Motor Insurance policies and endorsements.
• Identify various Motor Insurance underwriting factors.
• Relate and apply various additional benefits.
• Differentiate the application of calculation method and its application.
• Understand the application of NCB & Loading.
• Differentiate the various excesses available in motor insurance and understand their applications.
• Identify various type of motor insurance claims and relevant documents for claims processing.
An In-Depth Understanding of Casualty/General Liability Insurance
22-23 February 2022
- Explain the legal terminology on Law of Torts related to Liability.
- Distinguish between Civil Liability, Accidental Negligence and Negligence.
- Recognise and illustrate the concepts of risk management related to Liability Insurance.
- Recognize the various casualty and Liability Insurance products.
- Explain the cover granted under:
• Public Liability Insurance
• Products Liability
• Contractual/Comprehensive General Liability Insurance
• Bailee’s Warehousemen Liability Insurance
• Freight Forwarders Legal Liability Risks
• Contractors All Risk Insurance
•Employers Liability Insurance - Apply practical and working assessment of the underwriting methodology and its application on day to day, under:
• Public Liability Insurance
• Products Liability
• Contractual/Comprehensive General Liability Insurance
• Bailee’s Warehousemen Liability Insurance
• Freight Forwarders Legal Liability Risks
• Contractors All Risk Insurance - Analyse the provision of the SCOSO Act and its implications.
- New Development of Liability Insurance and New Specialist Lines:
• Explain Pollution and Contamination
• Relate Environmental Liability Impairment Insurance
• Explain Cyber Liability - Illustrate Claims Handling Process.
- Identify the challenges of selling Liability Insurance and challenges faced by liability underwriters and marketers.
Foundation Course in Marine Cargo Insurance
7-8 March 2022
Learning Outcome:
• Understand the concept and development of marine insurance.
• Identify the principles applicable to marine cargo insurance.
• Understand the difference between the various types of marine cargo policy.
• Appreciate the purpose of Incoterms and Sales Contract.
• Understand some basic scope of policy coverage.
• Identify basic risk exposure for underwriting consideration.
• Understand the claim process and procedure.
Course Content
Session 1: Introduction to Marine Insurance
• Why it is call a marine adventure?
• Brief overview of marine insurance history and it’s development
• International and Malaysian trade practices
Session 2: The basic principles relating to marine cargo insurance including implied/express warranty
Session 3: Introduction to various types of marine cargo policy including brief overview of basis of valuation and insurance on duty
Session 4: A brief overview on the purpose of Incoterms 2010 and Sales Contract
Session 5: Introduction to revised Institute Cargo Clauses A, B and C
• Basic coverage and exclusion
• Comparison between the clauses
• Duration of cover (Transit Clause)
Session 6: Introduction to the basic cargo risk assessment
• How to interpret information and underwriting the risk
Session 7: Introduction to claim process and procedure
• The importance of original claim documents
• Red Clause or Importance Notice
Premier Series: Insurance Claims and Disputes
8-9 March 2022
• Identify key underwriting issues
• Explain how clauses affect claims
• Understand claims investigation
• Prepare and defend claims
• Understand arbitration of insurance claims
Fire Clauses - How to Apply The Right Clauses for Maximum Protection
15-16 March 2022
You may have come across instances where clients have asked for a whole range of fire insurance clauses to be incorporated into the fire policy thinking that the coverage would be more comprehensive. However, the purpose of these clauses must be well understood. Andauses applied should be relevant. Otherwise, the inclusion of certain clauses could be detrimental to the interest of the Insured in the event of a claim.
To interpret and understand the meaning of some of the fire clauses could also prove to be a daunting task given the technicalities involved.
In light of the above, this course has been designed to help participants understand the meaning and intention of clauses and also to apply the appropriate clauses to suit the Insured’s specific requirement.
To facilitate easy understanding of clauses, simple language and reallife examples will be used.
General Overview of Life Insurance Operations
23-24 March 2022
Learning Outcome:
• Recognize the insurance companies environment.
• Describe the roles and functions of the various departments in a typical life insurance and takaful company.
• Identify various distribution channels used for marketing life insurance.
• Describe professionalism through ethics, education and career planning.
Premier Series: Risk Management & C.A.R Policy Issues Relating to Construction Site Theft Losses
24-25 March 2022
Learning Outcome:
• Learn how insurance coverage for project sites are arranged and underwritten
• Know the concerns of underwriter when considering theft exposure
• Consider risk management steps to manage theft issues
• Appreciate how the risk transfer process takes place
• Highlight the key points of the CAR policy in relation to theft losses
An In-Depth Understanding of Machinery Breakdown (MB) & Machinery Breakdown Loss of Profits (MBLOP) Insurance
29-30 March 2022
Learning Outcome:
• Understand the market and recent development in Engineering Insurance (Machinery Breakdown & MB Loss of Profits Insurance).
• Discuss and evaluate the various physical hazards presented by the Machinery Breakdown & MB Loss of Profits.
• Have a deeper understanding of the requirements and technicalities behind common underwriting criteria, extensions and considerations.
• Identify salient features of inspection reports.
