Course Overview
General Insurance Master Series (Module #1) – Underwriting:
General Insurance Underwriting aims at familiarizing with the concepts of principles, practices & procedures adopted by insurers in underwriting all classes of non-life insurance. This course will train learners of General insurance with underwriting skills like risk assessment in general insurance products
Through this course you will be learning about concepts of underwriting, purpose and objective of underwriting, objective of underwriting, underwriting process, function of underwriting, retention and reinsurance, how insurance premiums are set, types of underwriters, life and health insurance underwriters, underwriting decisions, determining rates, monitoring underwriting decisions, underwriting of new business and new business procedures, scrutiny of insurance application, limits of acceptance, acceptance subject to controlling office approval, acceptance of extra hazardous risk and also about underwriting renewal business.
Course Objective:
- Learn in detail about the underwriting process, objectives, purpose & functions.
- Get familiar with the basic concepts of insurance & its terms
Target Customers:
- Students
- Professionals
- Anyone who wants to enter general insurance industry
Pre-Requisites:
- Any graduate having legal, medical and management background
- Basic Computer Knowledge
- Passion to learn about Insurance concepts