Fleet Insurance and Risk
Management

Fleet insurance is a type of insurance policy that mitigates the risks of operating any vehicles a business might own or lease. The primary purpose of fleet insurance is to provide financial protection against physical damage or bodily injury resulting from traffic collisions or other vehicle incidents

This professional program will match the expanding needs of the Fleet Insurance industry. For those interested in an in-depth knowledge and understanding of Fleet Insurance, Risk Management, this is an excellent opportunity to learn and hone their skills.

International Fleet Insurance & Risk Management trends will be analyzed and the latest educational tools utilized to give delegates valuable insight and hands-on training in the word of Fleet Insurance management and the lucrative careers that they can build on from there.

• Identify the key Fleet Insurance Procedures
• Introduction to basic Insurance systems related to Fleet.
• Defining the Risk Management

Learning Objectives

• Gather new insights into developing Fleet Insurance & Risk Management to achieve competitive advantage
• An increased understanding of the impact of Fleet Insurance & Risk Management on costs and financial performance
• Reviews of the latest thinking on Fleet Insurance & Risk Management strategy, planning and execution

Target Audience

• Fleet Insurance & Risk Management Managers and Executives
• Fleet Insurance & Risk Management Seniors & Executives Managers.
• Junior Fleet Insurance & Risk Management, helping to bring them up to speed with the latest thinking, frameworks, tools and implementation
• Marketing, customer service and manufacturing managers and directors who are seeking Fleet Insurance & Risk Management integration or who need to understand the impact of Fleet Insurance & Risk Management upon their company’s performance
• Those wanting to create Action within the Fleet Insurance & Risk Management to increase value and reduce cost

Course Outline:

Module 1: Scope of cover

• KeyTopics:

Insurance cover including optional benefits and typical restrictions, provided in respect of:

• • Private motor cars
  • Motor cycles
  • Goods- carrying commercial vehicles
  • Passenger carrying commercial vehicles
  • Special types

Rating and underwriting

• • principles of rating and underwriting in motor insurance
  • rating and underwriting considerations specific to:
  • private motor insurance
  • commercial motor insurancemotor fleet insurance
  • motor cycles

Module 2: Risk Management

• KeyTopics:
  • The concepts and definitions of risk and risk management
  • Risk management standards
  • Enterprise risk management
  • Risk assessment, identification, analysis and evaluation
  • Risk responses and risk treatment

Module 3: No-claim discount

• KeyTopics:
  • The forms and use of no-claim discount
  • Implications of market agreements for no claim discount
  • Non-standard risks
    • underwriting considerations for non-standard risks
  • Renewal of cover
    • the operation of a typical renewal system for private and commercial motor insurance
    • frequency of renewal and its significance to continuity of cover
    • the renewal documentation and renewal terms specific to motor insurance

Module 4: Claim Procedures

• KeyTopics:
  • Claims handling
    • principles of claims handling applied to motor insurance
    • claims handling procedures specific to:
    • private motor insurance
    • commercial motor insurance
    • motor trade insurance
  • Police involvement
    • the possible police involvement in the claims process

Module 5: Market agreements

• KeyTopics:
  • effect of the commonly accepted market agreements on motor insurance
  • Claims Assessors
    • • • the role of Claims Assessors in the claims process
  • Claim assessment
    • • process of claim assessment for bodily injury, accidental damage, fire and third party losses
    • Recommended repairers
      • use of recommended repairers
    • Hijacking and theft
      • Anti-theft devices
      • Tracking and recovery Systems
    • Dispute resolution
      • Dispute resolution procedures
      • Organizations available to assist with settling disputes
      • Use of alternative dispute resolution