International Social Security Association (ISSA) Guidelines

OBJECTIVE
This course in International Insurance for Risk Managers and Insurance Buyers explores domestic and international insurance. It provides participants with the knowledge, tools and support needed to enhance an insurance buyer’s ability to build and purchase their firm’s domestic and international programme.
By the end of this course, participants will be able to:
• Appreciate how the relationships between the parties involved work
• Understand why a client needs both a domestic and local broker
• Understand what a client can expect
• Optimise international communication processes
• Understand how claims work
• Understand how brokers get paid
• Explore tax, compliance and regulatory issues and responsibilities

CONTENT
• The parties involved in the placement of an international insurance programme, understanding each of their relationships to each other and how control is maintained
• Client-broker-carrier relationship management – understanding why and how each relationship is critical to a well-placed international insurance programme
• Understanding the processes and procedures that the controlling and local broker use to run and manage an international insurance programme on the client’s behalf
• Understanding the ways international insurance programmes can be run effectively
• The nuances of communicating internationally
• The expectations of all of the parties involved in the international programme
• Fee/commission structures for controlling and local brokers

METHODOLOGY
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical experience, emphasizing the application of learned techniques. This approach ensures that attendees return to their professional environments equipped with both the competence and self-assurance to effectively implement the acquired skills in their responsibilities.

DATE:
1ST BATCH: 14th – 17th Jan,2025
2ND BATCH: 13th – 16th May,2025
3RD BATCH: 23rd – 26th Sept,2025