Searchlight Solutions

Global Insurance – Introduction

Summary

Companies expanding overseas need to consider arranging a global insurance programme, our global insurance training workshop explains what that involves.

This is a highly participative global insurance training workshop that at the cover provided by a global programme, issues and concepts around a global policy, and the terminology used .

Although no specific global insurance knowledge is required, a good level of general property and liability knowledge is recommended.

Course Content

  • Why companies buy global policies
  • What types of business benefit from buying a global programme?
  • The different structures of global programmes
  • The terms and concepts of global policies:
    • Master policies
    • Multi-nationals
    • Local policies
    • Admitted/non admitted
    • DIC/DIL
    • Tax/ premium allocations
    • Compulsory insurance
  • How UK and US policies and terminology differ
  • How pan European policies are arranged
  • The main considerations when dealing with global insurance claims

Learning Objectives

  • Identify which types of customer could benefit from insurance arranged on a global basis
  • Describe the structure of a global policy
  • Describe the terms and concepts of global policies
  • Outline the main difference between workers’ compensation and employers’ liability
  • Outline the main differences between UK and US property/business interruption and liability programmes
  • Outline the main terms and concepts of arranging a global policy for EU countries
  • Outline how claims on global policies are dealt with

Ready to book?

Simply complete the booking form with your details and a member of our team will be in touch with the next available dates. 

Any questions?  

If you’re not quite sure if this course is suitable or are looking for further information, call our team on 0117 244 7221.