Course Overview
As businesses continue to expand internationally, they and their insurance advisors must understand how to build multinational insurance programmes that best protect the company's assets, earnings and liabilities in each location.
The programme needs to comply with the myriad of different insurance regulations and tax obligations across the globe.
In this webinar, insurance expert Neil Park outlines the critical fundamentals necessary to be aware of when designing a robust multinational programme - illustrated with information examples and resources.
At the end of the workshop you will be able to:
Describe the main benefits of placing multinational Property and Casualty programmes from the point of view of the insured
Outline the potential structure of a multinational insurance programme
Outline how different territories’ tax and insurance rules can influence the structure of a multinational programme
Describe how coverage can be structured to ensure consistency of coverage globally as well as ensuring compliance with local requirements
Ensure that multinational programmes are managed efficiently from a placing, claims and compliance perspective
Overview
Following on from the Introduction to Global Insurance Programmes, this course takes the subject to a more advanced level.
In this webinar, we take a closer look at the key stages in the lifecycle of a global programme and examine the key activities that should be undertaken at each step in the process to ensure the programme is operationally efficient and compliant.
Insurance expert Neil Park will examine the nuances of designing a global insurance programme, working through a case study to build a program from submission through to bind. Neil will take you through the creation of an example premium allocation, how to create best practice local policy instructions, and an effective claims handling process. All are illustrated with information examples and resources.
Describe the journey of a global insurance programme and understand the key operational activities that should be undertaken at each stage Explain how to design a global insurance programme to ensure that it operates efficiently Describe essential territorial nuances that must be considered prior to quoting a risk, i.e. country-specific hazards and local tariffs Describe the principles of a best practice approach to creating a premium allocation, in view of the application of taxes and other territorial nuances that should be considered at this stage. Describe the main requirements when administering local policy requests to ensure key information is captured to avoid delays in policy issuance Explain how to create a claims process that ensures claims are handled quickly and compliantly Outline how technology is increasingly being used to support the administration of global insurance programmes
One Course (introduction OR intermediate)
1-2 attendees: £150 per attendee (+VAT where applicable)
3-5 attendees: £130 per attendee (+VAT where applicable)
Two Courses (introduction AND intermediate)
1-2 attendees: £250 per attendee (+VAT where applicable)
3-5 attendees: £220 per attendee (+VAT where applicable)
Ask us for pricing for more than 5 attendees
Introduction to Global Insurance Programmes (2 hours + short break)
Thursday, 28th April @ 15:00 BST / 16:00 CEST / 10:00 EDT / 07:00 PDT
Wednesday, 15th June @ 09:00 BST / 10:00 CEST / 16:00 HKT / 19:00 AEDT
Thursday, 16th June @ 15:00 BST / 16:00 CEST / 10:00 EDT / 07:00 PDT
Dealing with the Complexities of Global Insurance Programmes (2 hours + short break)
Wednesday, 11th May @ 09:00 BST / 10:00 CEST / 16:00 HKT / 19:00 AEDT
Thursday, 12th May @ 15:00 BST / 16:00 CEST / 10:00 EDT / 07:00 PDT
Thursday, 16th June @ 09:00 BST / 10:00 CEST / 16:00 HKT / 19:00 AEDT
Neil Park FCII
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TELEPHONE +44 20 7374 5252 |
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axco@axcoinfo.com |
