Introduction to Insurance Basics (3 Day Programme)
Getting to grips quickly with the basics of insurance is a key requirement for those joining the industry, whether in a customer servicing role, a claims handling role, or any other role.
Understanding the principles upon which insurance is founded, the nature of risk, the structure of the market and its various players, the key skills of underwriting and claims, how a policy is constructed and the main types of insurance are all vital parts of ensuring that a new joiner is ready and competent to undertake their role.
Gaining a good understanding of the words and terms used in insurance can help to demystify an industry that can be renown for its jargon.
A number of exercises and activities will be used during the workshop to ensure that learning is hands on and sustainable. The programme also includes a visit to Lloyd’s.