Motor Fleet Insurance Administration Course
Details
By the end of this workshop participants will be able to:
- Describe the risks associated with each class of commercial vehicle
- Identify the risks associated with the motor fleet business
- The key aspects of motor fleet insurance
- Be familiar with the structure and typical content of insurance policy wordings
- Understand how the motor ins
- urance database impacts the motor fleet business
- Describe key underwriting and rating considerations
Outline
- Primary risks associated with motor fleet businesses
- An examination of the reasons why you need a special type of motor insurance policy
- A review of the law relating to motor insurance with particular reference to the motor insurance database
- Policy wordings and conditions and exclusions
- Popular policy extensions
- Eligibility requirements of insurers regarding fleet ratings
- Explanation of compulsory motor insurance legislation with particular reference to MID
- The advantages and disadvantages of motor fleet insurance to insurers/customers
- A comparison of fleet rating vs NCD
- A description of a typical motor fleet policy cover, highlighting differences with private car insurance
- A comparison of different pricing methods, e.g. fleet discount and flat rates
- The claims handling process - special requirements for motor fleets
- How the different types of motor fleet insurances are rated and an examination of the relevant underwriting factors
- Insurance claims administration
TRAINING METHODOLOGY
The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.
Speaker/s
Special Offer
Schedules
| Tue, Wed, Thu, Fri | 10:00 AM — 04:00 PM |
| Tue, Wed, Thu, Fri | 10:00 AM — 04:00 PM |
| No. of Days: | 4 |
Alpha Partners is a reputable firm of Training and Management Consultants with many years of corporate training experience in Finance, Accounting, Auditing, Banking, Management, Information Technology, Oil and Gas Sector, Security, Engineering, Public Relations, Secretarial Studies, Leadership, Marketing and other fields of human endeavour.
We are one of the leading players in the profession. Our firm, a multi-disciplinary one with highly talented, experienced and dedicated partners and staff who have experiences in different facets of working life was established in 1996 and has branches in Lagos, Enugu and Awka.
We offer a wide range of professional services, which covers audits, accounting, finance, taxation, ICT, security, engineering, insurance, human resources management, secretarial and consultancy services in all ramifications.
Our numerous clients attest to the high quality services we offer which contribute in no small measure in ensuring sound and efficient management of their resources.
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