Introduction to Insurance Basics

  • Start Date

    03 Aug, 2021

  • End Date

    06 Aug, 2021

  • Price

    ₦185,000

  • WiFi

    Free wifi

Event Details

Understanding the principles upon which insurance is founded, the nature of risk, the structure of the market and its various players, the key skills of underwriting and claims, how a policy is constructed and the main types of insurance are all vital parts of ensuring that a new joiner is ready and competent to undertake their role.

This highly participative programme has been designed for those new to the insurance industry or undertaking a technical role for the first time. It is designed to speedily ensure that a good basic understanding of insurance and how it works is put in place.

 

COURSE CONTENT

  • The basic principles of insurance: terminology, policy structure and the key forms of insurance
  • Reinsurance and its purpose.
  • The Origins of Insurance and Why People Buy Insurance
  • Risk and the role of Insurance
  • The Legal Principles of Insurance
  • The Insurance Market
  • General insurance market products – Personal Lines
  • General insurance market products – Commercial Insurances
  • General Insurance market products – Liability
  • Distribution
  • Market Bodies
  • Regulation
  • The Products
  • The Policy and its Structure
  • Underwriting and Risk Assessment
  • Claims and Claims Handling

 

FOR WHOM

For all newcomers to the insurance industry and existing insurance professionals, regardless of their specific role.

 

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.

 

DATE:

1ST BATCH:              29th Mar– 1st April, 2021

2ND BATCH:             3rd – 6th Aug, 2021

3RD BATCH:             30th Nov – 3rd Dec, 2021

Other Dates

Start Date End Date
29 Mar, 2021 02 Apr, 2021
Start Date End Date
03 Aug, 2021 06 Aug, 2021
Start Date End Date
30 Nov, 2021 03 Dec, 2021
  • Venue

    Alpha Partners Professional Training Conference Centre. 200, Muritala Mohammed Way (3rd Floor), Yaba Lagos.

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