Waste/Recycling Insurance - Searchlight Insurance Training

Waste/Recycling Insurance

This participative workshop seeks to build upon a base working knowledge of the delegates’ commercial insurance experience and is specific to the waste and recycling industry.

In recent years there has been much in the way of new legislation that can have a significant effect upon the activities of the waste and recycling industry. This workshop seeks to determine that impact of this upon the various organisations involved and how insurance products respond to the risks that this creates.

Who Should Attend? 

Anyone who has some basic experience of commercial insurance who may deal with clients who are involved in the waste and recycling industry and wishes to expand their knowledge in this particular field.

 

Level:

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

Workshop Objectives

By the end of the course delegates will be able to:

  • Understand the various risk management measures at the disposal of firms to help mitigate the risk of suffering losses arising from their activities
  • Have a basic knowledge of the various legislation affecting the waste management industry
  • Be aware of the coverage offered by both public liability and environmental impairment policies
  • Consider the rating factors relevant to this class of business and the process adopted before EI cover is likely to be granted

Workshop Content

This workshop will contain group exercises and discussions to assist in building of any existing knowledge held by delegates.

  • Outlining the risk management process and those measures available to firms to mitigate risks associated with their activities
  • Seeing how the industry has evolved in recent years and been shaped by public pressure and legislation including EU directives
  • Looking at how public liability policies respond to instances where claims are made against the policyholder which may involve contamination
  • Contrasting the cover of the EI policy with public liability insurance
  • Rating factors for EI cover and the underwriting process
  • Listing those firms where strict liability for pollution would apply
  • Study of other areas of policy cover including property, business interruption and employers liability.
  • Optional testing