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General Insurance Master Series (Module #1) - Underwriting


Ed-Next (Consult +)

Summary

Price
£47 inc VAT
Study method
Online, self-paced
Duration
13 hours
Qualification
No formal qualification

15 students purchased this course

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Overview

In this module of General Insurance Master Series, 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 etcGeneral 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.

Description

In this module of General Insurance Master Series, 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 etcGeneral 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.

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FAQs

What does study method mean?

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

What are CPD hours/points?

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

What is a ‘regulated qualification’?

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

What is an ‘endorsed’ course?

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body’s logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.