Page 46 - Insurance Times February 2016
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Eligibility:                                                    Candidate must fill up a Nomination Form in a prescribed
                                                                manner containing fields like name, address, educational
This is a refresher program for brokers who are looking at      qualification, DoB, position held, contact details, sponsoring
renewal of their license as per IRDA regulations.               organization, details of passing brokers examination etc. and
                                                                have to affix a photo.
Sponsorship:
                                                                           College of Insurance,
A sponsorship of any of the existing broking companies           Insurance Institute of India, MUMBAI
licensed by IRDA under the relevant regulation is applicable.
                                                                    Challenges in the Management of Project
Course Fees:                                                                             Insurance

Course Fees is Rs.10500 (Plus service tax @14.50%) Total                (From: 15th to 17th February 2016)
Rs. 12023/-. Fees should be payable by means of either a
Demand Draft or a payable at par company cheque drawn           Relevance of the Program:-
in favour of "Insurance Institute of India" payable at
Mumbai. Course fees include tuition fees, course material,      A liberalised economy and growth in the industrial sector is
and day boarding.                                               expected to bring in enhanced participation of foreign joint
                                                                ventures in the Indian industry. Large size privately funded
We do not consider any refund request or adjustment of fees     projects in the infrastructure sector demand evolving new
for the next Program in case of non attendance.                 approaches in introducing insurance products for Mega
                                                                project risks to suit their and the project financier's specific
Enrolment:                                                      insurance needs. Consequently the increased demand for
                                                                Project insurance - both construction and operational -
To enroll for the training program please download the          requires developing advanced skills in underwriting and
enrolment form and after filling in the necessary details       claims management. Training programs aimed at
submit your form and fees to the office of Insurance Institute  developing and updating such skills are the need of the hour.
of India, Plot C-46, G-Block, Near Dhirubhai Ambani             Recognizing this requirement of the market, the College of
International School, Bandra-Kurla Complex, Bandra (East),      Insurance has developed specific courses for insurers,
Mumbai - 400051 not later than 01st February, 2016.             brokers, risk management consultants, loss assessors and
                                                                others engaged in providing consultancy and insurance
On the first day of the training program, the candidate must    services, as also various partners like sponsors, financiers,
bring a photocopy of the Broking examination passing            contractors of large projects.
certificate issued by NIA-Pune along with the original for
verification at our end.

Timing: 10.00a.m. To 5.00p.m.

Dress code:                                                     Program Objectives:-

1. Shirts must have collars and sleeves.                        1. To update the participant's concepts and understanding
                                                                     of underwriting and claims management practices in
2. Ladies shirts must have collars and sleeves.                      respect of Construction and Operation Phase
                                                                     Engineering insurances such as EAR, MCE, ALOP/DSU,
3. All shirts must be tucked in.
                                                                2. To enhance the participant's skills to incorporate in
4. Tailored shorts or long trousers.                                 underwriting and critical insurance needs of project
                                                                     financiers,
5. Long socks or predominantly white short socks with
     shorts.                                                    3. Reinsurance aspects of Mega Risk Engineering insurance
                                                                     policies,
6. Golf shoes.
                                                                4. Familiarisation with PML concepts and its significance
Training Venue:                                                      in the decision making process for reinsurance,

Insurance Institute of India (College of Insurance), G Block,   5. To enlighten the participants about specific insurance
Plot No. C-46, Near American Consulate, Bandra Kurla                 products in the international markets,
Complex, Bandra (E), Mumbai - 400051
Email - college_insurance@iii.org.in                            6. Appreciation of new approaches in claims management
                                                                     and claims procedures,
Course Co-ordinator:
                                                                7. Deliberation on case studies on actual losses in
Ms S S Vaidya - 022-26544266                                         construction and operational insurance policies,
Mrs A P Dalvi-022-26544254

46 The Insurance Times, February 2016

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