WUE Insurance Underwriting
Insurance Underwriting aims to provide you with an understanding of the basic principles of underwriting. Our course of study will encompass underwriting procedures, considerations applicable to the main classes of general insurance business, the structure and content of policy wordings, premium payment, renewal and cancellation, as well as the main aspects of rating. The developments in related products and services are also discussed, and we conclude by introducing the principles involved in managing the underwriting account.
Objectives
The objective of WUE is to provide:
- knowledge and understanding of the role of underwriting including identification, assessment and acceptance of risk, rating and relevant financial factors
Summary
Duration: 1 day
No of attendees: 12-16
Format: Online - Virtual delivery
CPD: Recognised
Learning Outcomes
At the end of this unit, candidates should be able to :
- Understand the material facts and information relating to the insurance underwriting process
- Understand underwriting procedures relating to the insurance underwriting process.
- Understand insurance policies in relation to the insurance underwriting process.
- Understand renewals and cancellation in relation to the insurance underwriting
- process. Understand personal insurances in relation to the insurance underwriting process.
- Understand commercial insurances in relation to the insurance underwriting process.
- Understand the main support/ancillary services available in the insurance industry.
- Understand underwriting considerations in relation to the insurance underwriting process.
- Understand the principles and practices of pricing.
- Understand pricing factors within the context of the insurance underwriting process.
- Understand managing exposure within the context of the insurance underwriting process.
To discuss this course or your learning needs
Your CII Relationship Manager would be delighted to explore your learning needs and can draw on the expertise within the CII Learning Solutions team to support you further.
Please speak with your Relationship manager in the first instance or contact business.enquiries@cii.co.uk for more information.