Introduction to Insurance
- 6 CPD Hours
- Introduction Level
- Online or Face-to-Face Workshop
Summary
This one-day introduction to insurance training workshop provides the ideal introduction to the principles and practices of general insurance.
It establishes the foundation knowledge required by those providing basic technical or administrative services.
Wherever possible, this introduction to insurance training workshop uses practical examples and activities to help the delegate get the most benefit from their attendance.
Course Content
- Definitions and context
- Why people insure
- The development of insurance and the insurance market and the different types of organisations in our industry
- How the insurance process works
- Key Principles – insurable interest, utmost good faith, proximate cause, indemnity, subrogation and contribution
- Risk – moral and physical, frequency and severity
- Proposal forms and slips
- Policy navigation
- The principles of claims handling
- How insurance is regulated.
Learning Objectives
- Explain the origins of insurance and why people purchase it
- Describe the factors involved in assessing and pricing a risk
- Outline the key legal principles of insurance and identify their application in a day to day context
- Know how insurance business is transacted
- Explain the structure of the UK insurance market and the different sectors within it
- Outline usual terminology, typical policy content and construction and the factors involved in risk assessment and pricing
- Provide a summary of the regulatory context for the UK insurance market
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.