TRAINING CATEGORIES
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33 - INS - Insurance


INS 110 - Insurance Underwriting

Code Start Date Duration Venue
INS 110 22 April 2024 5 Days Istanbul Registration Form Link
INS 110 13 May 2024 5 Days Istanbul Registration Form Link
INS 110 24 June 2024 5 Days Istanbul Registration Form Link
INS 110 22 July 2024 5 Days Istanbul Registration Form Link
INS 110 26 August 2024 5 Days Istanbul Registration Form Link
INS 110 30 September 2024 5 Days Istanbul Registration Form Link
INS 110 04 November 2024 5 Days Istanbul Registration Form Link
INS 110 09 December 2024 5 Days Istanbul Registration Form Link
Please contact us for fees

 

Course Description

This course provides introduction to the principles and practices involved in underwriting business. It is  about the processes involved in decision-making . This course explains  personal and commercial insurance underwriting and the computer programs involved in assessing risk and liability. It covers types of policies, premiums and beneficiary options, property and casualty issues, estate planning, disability income insurance, annuities, life insurance products. 

Course Objectives

  • Understanding the concept of underwriting 
  • Understanding personal and commercial insurance 
  • Discussing the role of the underwriter
  • Recognising  underwriting skills - selecting, pricing, financial understanding, relationship and portfolio management, negotiating and influencing
  • Defining the principles of pricing
  • Understanding retention and reinsurance 
  • Understanding tools of underwriting 

Who Should Attend?

  • Insurance Professionals
  • Human Resource Professionals
  • Managers
  • Financial & Accounting Professionals

Course Details/Schedule

Day 1

  • Understanding the Basics of Underwriting 
  • Factors to Consider When Underwriting Term Life Insurance Policy 
  • Factors to Consider When Underwriting Disability Insurance Policy 
  • Factors to Consider When Underwriting Commercial Insurance Policy 
  • Factors to Consider When Underwriting Liability Insurance Policy 

Day 2

  • Defining High Risk Applicants in Life Insurance 
  • Getting Better Results from the Life Insurance Underwriting 
  • Advantages of Term Life Insurance without an Exam 
  • Disadvantages of Term No Exam Policy 
  • Need for No Exam Plan 

Day 3

  • Setting business thresolds by commercial business type 
  • Describing geospatial underwriting data 
  • Rating 
  • Desicion making for insurance 

Day 4

  • Understanding pricing methodology 
  • Defining principles of pricing 
  • Pricing Annuity Products 
  • Selecting Profitability Metrics 
  • Future of underwritten annuities 

Day 5

  • Understanding retention 
  • Underwriting rules of  reinsurance 
  • Recognising underwriting tools 
  • Discussing the role of underwriter 
  • Changing role of underwriter