Commercial Property Insurance

Workshop objectives

On completion of the workshop delegates will be able to:

• Describe the main risks to commercial property and some of the principal risk controls
• Explain the purpose and uses of a property loss control survey
• Explain why commercial property coverage is purchased
• Describe the coverage provided under a commercial property insurance policy
• Explain the principal extensions and exclusions which apply to commercial property policies
• Describe the difference between “All Risks “ and “Fire & Special Perils” insurance
• Explain how insureds should establish the correct sums insured for buildings, machinery equipment and stock
• Describe how the commercial property coverage cover dovetails with Computers, Money, Marine Cargo, Goods in Transit, Fidelity and Cyber policies
• Describe the information required to obtain a Fire/commercial property quotation and the principal underwriting considerations which apply
• Explain how underwriters arrive at their rating for commercial property risk
• Explain the importance of Estimated Maximum Loss calculations
• Describe some ways for businesses to manage the risks of damage to their commercial property more effectively
• Outline the property claims process and describe the role of loss adjusters and loss assessors

Who Should attend? 

Brokers, underwriters, risk surveyors and loss adjusters who are familiar with commercial property insurance or seeking to consolidate their technical knowledge.

Trainer

Neil Park MA FCII

Method of delivery

This workshop is delivered online via Teams, over a full day. New dates coming soon 09:30-16:30 (UK).

Certificate

At the end of this course, you will receive a certificate of attendance from the Chartered Insurance Institute.

Price

• Members: £169
• Non-members: £229

How to book

For enquiries about this course, please email us at: business.enquiries@cii.co.uk

 

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