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32 - INS - Insurance


INS 110 - Insurance Underwriting

Code Start Date Duration Venue Fees
INS 110 27 December 2020 5 Days Istanbul $ 3950 Registration Form Link
INS 110 24 January 2021 5 Days Istanbul $ 3950 Registration Form Link
INS 110 21 February 2021 5 Days Istanbul $ 3950 Registration Form Link
INS 110 21 March 2021 5 Days Istanbul $ 3950 Registration Form Link
INS 110 18 April 2021 5 Days Istanbul $ 3950 Registration Form Link
INS 110 16 May 2021 5 Days Istanbul $ 3950 Registration Form Link
INS 110 13 June 2021 5 Days Istanbul $ 3950 Registration Form Link
INS 110 11 July 2021 5 Days Istanbul $ 3950 Registration Form Link
INS 110 08 August 2021 5 Days Istanbul $ 3950 Registration Form Link
INS 110 05 September 2021 5 Days Istanbul $ 3950 Registration Form Link
INS 110 03 October 2021 5 Days Istanbul $ 3950 Registration Form Link
INS 110 28 November 2021 5 Days Istanbul $ 3950 Registration Form Link
INS 110 26 December 2021 5 Days Istanbul $ 3950 Registration Form Link
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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