MANAGEMENT OF LIABILITY RISKS (NON-LIFE)

National Insurance Academy
In Pune

Price on request
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Important information

  • Training
  • Pune
  • Duration:
    3 Days
Description

Important information
Venues

Where and when

Starts Location
On request
Pune
25, Baner Road, Balewadi, 411045, Maharashtra, India
See map

Course programme

Background
The concept of risk management for prevention of economic waste is a joint endeavor of insured, insurers, government bodies (local and international) and public at large. The techniques of risk management through installation of various physical devices; risk factors arising out of economic, social, environmental, technological and political changes; prescribing safety standards are the needed inputs for underwriters as well as risk managers in industrial houses. Risk management as a continuing process at various levels will minimise / prevent losses and result in reduction in cost of insurance.

Objectives
The programme aims to help the participants:

• To discuss the Risk Management Technique in general.

• To understand the risk in Liability Insurance in India.

• To analyse the reasons for adverse claims experience in the world Liability Insurance Market & Lessons for Indian Insurance Industry

• Emerging trends in Indian Liability Insurance market and techniques to manage the risk

• To discuss the different products available in world market

• To discuss the growing risk potential because of increase in environmental activism in India.

Contents

• Loss Exposures and Risk Management Process, tools / techniques

• Failure Analysis and Risk Improvement

• Essentials of Legal liability, Tort liability and other legal issues in third party claims.

• Commercial & Industrial Sector Liabilities like Public liability, Product liability, Director & Officers’ Liability / E&O/ CGL

• Liability exposure during Construction phase of engineering Projects, including Aviation & Maritime liabilities.

• Special risk factor in key industries like Chemical, Petrochemical, dangerous goods manufacturing industries, cyber liability in IT risks.

• Liability risk control environmental factors, need for risk management to prevent pollution, damage and liability.

• Nuclear risks awareness and control.

• Loss adjusters’/Lawyers’ role in risk management


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