Motor Insurance - Intermediate - Searchlight Insurance Training

Motor Insurance – Intermediate

This workshop is aimed at those involved on a day to day basis with motor insurance including supervisors and managers. It is designed to provide the legal, theoretical and technical knowledge to reinforce existing practical experience.

Level: Intermediate

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

WORKSHOP OBJECTIVES

• Describe the content of the Road Traffic Act 1988 and relevant EU directives with reference to motor insurance
• Explain the various methods used by the marked to deal with the victims of uninsured drivers
• List and describe factors used by underwriters to assess standard and non-standard motor insurance risks
• Compare and contrast private car and commercial vehicle covers
• Explain how a standard certificate of motor insurance is constructed and compare the different classes of use
• Describe the cover extensions regularly requested by fleet and commercial vehicle clients
• Explain how the market deals with customer complaints and an examination of common causes of complaints

WORKSHOP CONTENT

• Summary of EU Motor Directives and a study of the relevant wording of RTA 1988
• How the industry deals with the victims of uninsured drivers
• An examination of the role of other legislation, including the Disability Discrimination Act, Race Relations Act and Rehabilitation of Offenders Act
• Presentation of risks to underwriters – rating factors, non-standard risks, accidents, convictions, account management
• Details of the car grouping process and how Thatcham assesses security devices
• A detailed study of policy cover, illustrating the differences between private car and commercial vehicle cover
• A study of how the market deals with customer complaints and the FOS role