Legal Aspects of General Insurance
The insurance industry is regulated by an increasingly stringent legal framework. The purpose of the program is to provide the trainees with the basic knowledge of the insurance law currently in force in Cyprus, with the exception of mandatory statute laws for which extensive reference is made to other..
The process of evaluating the risks is of the outmost importance for any insurance company. The cost of a wrong decision can be catastrophic. Responsibility should not be borne only by the underwriter but also by the salesperson who introduced the risk. The purpose of the program is to present to the trainees..
Claims Handling Training
It is often said that the claims department is the showcase of an insurance company. An insurance policy is an intangible asset where its owner does not know how good it is until he files a claim. For a layman things are simple: you buy insurance, something happens, you claim and get paid. But things are not always that simple. The purpose of the program is to..
Motor insurance is the most popular class of insurance since it is obligatory by the law and we all possess at least one vehicle. However, do the insurance intermediaries know perfectly well this insurance product? The purpose of the program is to train the participants well enough to know all the angles of motor insurance..
Property insurance safeguards that, in the event of a damage, the client will receive adequate compensation in order to recover from his loss. However, this is not always the case. The purpose of the program is to train the participants well enough to know all the angles of property insurance..
Employers’ Liability Insurance
Employers’ liability insurance is obligatory by statute law since 1997. Who is an employee, what does the policy cover and what are the obligations of the insured? These are just a few of the questions that will be fully answered. The purpose of the program is to train the participants well enough to know..
Public Liability Insurance
The public liability insurance policy covers only part of the liability that can rise by the law of negligence. There are, of course, more liability insurance products available so we need to be well familiar with them. The purpose of the program is to train the participants well enough to know all the angles of public liability insurance..