Fundamentals of insurance (part one of three) - The basic principles of insurance
This webinar covers insurance terminology, key features of the principles of insurance, the main processes and an introduction to the renewal process.
What we’ll cover
- How insurance works — the common pool
- Managing risk
- The insurance market
- Limitations on the scope of insurance
- Indemnity
- Insurable interest
- Utmost good faith
- The duty of fair presentation
- Renewals – The process, what to expect and your responsibilities
Key learnings
- Basic understanding on how insurance works
- The basis of claims settlements
- Improved knowledge of insurance jargon
Who should attend?
This course is aimed at professionals with responsibility for insurance, or involvement in purchasing insurance for their organisation. It's particularly useful for those new to insurance or who have a responsibility for insurance purchase as part of a wider finance or legal role.
How can you get the most from the Fundamentals of Insurance WTW Training Academy series?
The basic insurance training series is divided into four parts to teach delegates about the basics of general business insurance. We'd recommend completing the sessions in sequence. Registered delegates can watch sessions on-demand if they’re unable to attend live.
Event information
Date: Wednesday 9 September
Time: 11:00am - 12:00pm
This webinar will include a 45-minute presentation plus Q&A.