Available both Physical and virtual
1ST BATCH: {date1}
2ND BATCH: {date2}
3RD BATCH: {date3}
Course Fee: 285000
Objective:
- Gain advanced knowledge of fleet insurance and risk management strategies to improve organizational performance
- Understand the impact of fleet insurance and risk management on operational costs and financial performance
- Apply current best practices in fleet insurance planning, underwriting, and risk mitigation
- Develop effective approaches to managing fleet-related risks and insurance claims
- Improve decision-making in fleet insurance administration and policy management
Content:
Fleet Insurance Coverage
- Overview of fleet insurance and scope of cover
- Insurance coverage for private motor vehicles
- Insurance coverage for motorcycles
- Insurance coverage for goods-carrying commercial vehicles
- Insurance coverage for passenger-carrying commercial vehicles
- Insurance for specialized vehicles
- Optional insurance benefits and policy exclusions
Rating and Underwriting
- Principles of motor insurance rating and underwriting
- Risk assessment in private motor insurance
- Commercial motor and fleet insurance underwriting
- Motorcycle insurance underwriting considerations
- Factors influencing insurance premiums and policy terms
Risk Management
- Concepts and principles of risk and risk management
- Risk management frameworks and standards
- Enterprise Risk Management (ERM)
- Risk identification, assessment, analysis, and evaluation
- Risk response strategies and treatment plans
No-Claim Discount Management
- Understanding no-claim discount systems
- Application and benefits of no-claim discounts
- Market agreements affecting no-claim discounts
- Managing non-standard risks
- Policy renewal procedures and considerations
Claims Management Procedures
- Claims handling processes and best practices
- The role of law enforcement in accident and theft claims
- Claims assessment and documentation
- Working with claims assessors and recommended repairers
- Managing hijacking, theft, and vehicle recovery claims
- Dispute resolution and claims settlement procedures
Market Practices and Performance Management
- Understanding market agreements affecting fleet insurance
- Monitoring fleet insurance performance and claims trends
- Controlling insurance costs through proactive risk management
- Continuous improvement in fleet insurance administration
For Whom:
- Fleet Insurance Managers and Administrators
- Fleet Risk Management Managers and Executives
- Insurance Underwriters and Claims Officers
- Fleet Operations and Transport Managers
- Risk and Compliance Professionals
- Insurance Brokers and Insurance Consultants
- Fleet Supervisors and Vehicle Asset Managers
- Professionals responsible for fleet insurance, vehicle risk management, and claims administration