Overview
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.
Key Learning Outcome:
At the end of the course, participants will be able to:
- 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.
Course Content:
Session 1
-
Introduction to Motor Insurance
-
Application of the Principles of Motor
-
Insurance
-
Scope of Motor Insurance cover
-
Malaysian Motor Insurance Tariff (liberalized July 2016)
-
Documentation
-
Laws and regulations related to Motor Insurance – An Overview
-
Premium Computation – Common motor classess
Session 2
- Underwriting Factors
-
Application of Additional Benefits for common coverage
-
Pro-rata & Short period application
-
No Claims Discount (NCD)
-
Loadings
-
Excess
-
Motor Insurance Claims
Speaker Profile
SIVAKUMAR A/L SATHIAMURTHY,
LL.B (Hons)
Mr Sivakumar started his career with a legal firm handling insurance claims in 1992 and later joined two insurance companies holding the position of assistant manager and manager in claims before joining a leading local loss adjuster as General Manager – Motor Division.
He was acknowledged by Bank Negara for his assistance in the settlement of claims for Mercantile Insurance Sdn Bhd (under liquidation).
He holds a LL.B (Hons) qualification from the University of Wolverhampton, UK.
Date and Time
Date: 23 - 24 February 2022
Time: 9.00 a.m. - 4.00 p.m.
Registration Closing Date: 16 February 2022
Price
Early Bird (Register before 9 February 2022)
MII Member:
RM 680 (single), RM 630 (Group)
Non Member:
RM 850 (Single), RM 800(Group)
International:
USD200 (Single), USD180 (Group)
Normal Fee
MII Member:
RM 750 (single), RM 700 (Group)
Non Member:
RM 900 (Single), RM 850(Group)
International:
USD230 (Single), USD200 (Group)
|
