Professional Indemnity Insurance Management
Details
Participants will learn to identify the categories of professionals that may have a Professional Indemnity exposure. Participants will learn to understand how professional liability arises, the types of claims and the coverage afforded. Professional indemnity insurance provides you and your business with protection against claims for financial loss, bodily/personal injury or property damage arising from an act, error or omission in the performance of professional services
Outline
- The types of organisations that are susceptible to Professional Indemnity exposure
- Examples of typical claims that can be made against directors and officers
- Why professionals buy professional indemnity insurance
- Examples of relevant professional indemnity claims.
- The benefits of both directors' & officers' coverage
- Duty of care owed by professionals - legal liability and breach of contract
- Negligence claims
- Indemnity or errors and omissions?
- Differing professional exposures, including:
- Indemnity and errors and omissions policy - key elements of cover:
- Principal exclusions and extensions
- Proposal and underwriting
- claims process, including incident reporting
- The duties and liabilities of directors and officers.
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.