About The Course
In this course, participants will learn about the basics of Fire Insurance, which will enable them to identify and apply the principles of insurance. This includes understanding the structure and scope of cover provided in Fire Insurance policies.
Key Learning Outcome:
At the end of the course, participants will be able to:
- Describe the size and significance of Fire Insurance in Malaysia.
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Know the various insurance principles applicable to Fire Insurance.
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Name the scope of cover in Fire Insurance.
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Recognize the structure and make reference to the Revised Fire Tariff.
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Explain the rating mechanism in Fire Insurance.
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List the extraneous perils available to
Fire Insurance.
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Outline the structure of fire insurance policy conditions and common clauses.
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Gain basic skill in underwriting and
risk assessment.
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Explain the claim procedures involve for Fire Insurance claim.
Course Content:
Day 1
-
Introduction to the Malaysian Insurance Industry and Fire Insurance portfolio
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The insurance principles
-
The elements and concepts in
Fire Insurance
-
The Revised Fire Tariff
(Liberalized - January 2017)
-
The rating factors applicable to
Fire Insurance
Day 2
- Introduction to the extraneous perils in the Revised Fire Tariff
-
Introduction to Fire Insurance and fundamental clauses
-
Risk Management and Underwriting
-
Introduction to Fire Insurance claims procedures
Speaker Profile
KWONG CHEE KUENG
PhD FMII FSII FCII
Kwong has more than 25 years of working experience in the Malaysian non-life industry. He embarked on his insurance career in the marketing function and later moved to a technical role that encompasses both underwriting and claim functions. He is now heading the branch underwriting department of a large foreign-owned non-life insurance company in Kuala Lumpur. He is also an active seasonal trainer for the Malaysian Insurance Institute (MII).
Kwong earned and completed his undergraduate study in Business Administration (major in Finance) from the Universiti Utara Malaysia (UUM) in 1995. He later completed his Master of Business Administration (MBA) in 2002 at the Graduate School of Management, Universiti Putra Malaysia (UPM). He earned his PhD from the Putra Business School, Universiti Putra Malaysia (UPM) in 2020.
In addition, he is presently a fellow member of the Malaysian Insurance Institute, Singapore Insurance Institute (SII) and Chartered Insurance Institute (CII).
Date and Time
Date: 7 - 8 December 2022
Time: 9.00 a.m. - 4.00 p.m.
Registration Closing Date: 6 December 2022
Price
Early Bird (Register before 22 November 2022)
MII Member:
RM 880 (single), RM 830 (Group)
Non Member:
RM 1,050 (Single), RM 1,000(Group)
International:
USD250 (Single), USD230 (Group)
Normal Fee
MII Member:
RM 950 (single), RM 900 (Group)
Non Member:
RM 1,100 (Single), RM 1,050(Group)
International:
USD280 (Single), USD260 (Group)
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