OBJECTIVE
This course explains the basic structure of motor policies, looking principally at the private motor policy, but also highlighting the difference with other types of policy, including commercial motor, fleet, motorcycle and non-standard wordings.
At the end of the course you will have:
• Gained a knowledge of the different types of motor policy available
• Obtained an understanding of the insurance principles which guide the creation of conditions, exclusions, etc, found within most types of motor policy
• Understood the fundamental differences between personal and commercial motor policies.
CONTENT
• The basics of motor insurance
• How motor insurance is influenced by and works to support legal requirements
• The rating of motor risks
• Typical policy documentation
• Underwriting motor business
• Risk management including theft prevention
• Managing younger drivers including telematics
• Introduction to motor claims.
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
25, Queen street, Alagomeji Bus Stop, Yaba, Lagos