Underwriting and Risk Assessment - Intermediate - Searchlight Insurance Training

Underwriting and Risk Assessment – Intermediate

This workshop will explore, in more depth, underwriting and risk assessment, predominantly with reference to commercial risks.

It is ideal for brokers who already have some practical experience of handling or placing commercial insurance but who are looking to build their knowledge in any area of underwriting and risk assessment. The course provides a structured overview of the subject which will be tailored on the day to the particular needs & interests of delegates

 

Level: Intermediate

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

This workshop will explore, in more depth, underwriting and risk assessment, predominantly with reference to commercial risks.

It is ideal for brokers who already have some practical experience of handling or placing commercial insurance but who are looking to build their knowledge in any area of underwriting and risk assessment. The course provides a structured overview of the subject which will be tailored on the day to the particular needs & interests of delegates

. a review of the information required by insurers and
how it is obtained

• identify the options available to underwriters
at inception, renewal and during the policy
period

• a consideration of the pricing mechanism, basis of
cover and terms and conditions to be applied

• a review of the available amendments to policy wordings
and their affect on cover

• exploration of the principles of contract law as they
particularly relate to underwriting

• explanation of and features to be recognised in survey
reports

• a detailed consideration of risk management and the
opportunities for both customers and insurers