Commercial Insurance - Introduction - Searchlight Insurance Training

Commercial Insurance – Introduction

This is an overview of commercial “combined” insurance risks.

It will review the main covers available together with typical exclusions, conditions and underwriting features to be considered

It is an interactive workshop designed for those new to, or who have 1 or 2 years experience of commercial “combined” insurance.

Level: Introduction

Duration: 1 day(s) CII CPD Hours: 6
     

Identify the risks encountered by commercial organisations

Consider the implications of legislation with respect to insurance

Outline the main covers available
Property Damage
Business Interruption
Employers Liability
Public and Products Liability
Computers
Money
Goods in Transit

Review the typical policy structure, conditions and exclusions

Know the information required to obtain a quotation

Have an awareness of the underwriting process

Risk assessment

Legislation relating to compulsory insurance and Health & Safety issues

The main covers
Property Damage
Business Interruption
Employers Liability
Public and Products Liability
Computers
Money
Goods in Transit

The structure and content of typical policies

Aspects to consider to obtain a quotation

The practical implications of underwriting

Testing (optional)