Management of Motor
13 – 17 May 2024
Johannesburg South Africa
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R17, 999.00 Per Delegate
Motor Insurance Portfolio is an important premium source for all insurers. It constitutes nearly 48% of Insurers’ total GDPI. It is also the single largest contributor to the underwriting losses of the insurers. Insurers have limited control over Third Party liability whereas Own Damage segment can be made more profitable with proper underwriting and claims management. In the light of the possible de-tariffing of a sound understanding of the underwriting Risk factors by the executives / intermediaries of General Insurance Companies assumes greater importance.
- To acquire a better understanding of underwriting of Motor Insurance
- To appreciate the fast developments in the automobile sector in regard to high tech Vehicles
- Impact of spare parts cost on high tech maintenance and repairs
- To critically analyse the scope of insurance covers in the light of risk factors measurable or not
- To have a clear understanding
- Executives handling motor portfolio and operating officers in general insurance
- Companies underwriting both public service & private motor insurance
- Car Insurance & Risk Management Managers and Executives
- Motor Insurance underwriting and Management
- Anatomy of Motor Vehicles
- Risk management through Underwriting & Claims settlements in Motor insurance
- Pricing in a de-tariff market
- Study of new generation of vehicles and cost of spare Parts & cost of repairs
- Motor Vehicle Third Party Act and its implication
- Role of Surveyors / In-house Surveyors / Investigators
- Frauds in Motor Insurance & Role of Additional Dispute Resolution Mechanism
- Visit to Workshop / Vehicle Manufacturing Plant
- Impact of Third Party Claims in Own Damage losses
- Impact of Consumer Protection Act and the role of IRA
End of the workshop
IN HOUSE AND ONLINE TRAINING
While both In-House and Online training can present with cost-effectiveness and time-efficacy, there are some very specific differences between in-house courses and those based online.
The demand for additional courses by individuals or groups of people is increasing. Still, it depends entirely on the preferences of a person what type of training he or she wants to receive. Online courses and in-house training carry some similarities but they are considered to exhibit some very pivotal differences too. Despite that, both types of learning can be really beneficial for attendees.