Property Insurance and Business Interruption: A Training Course (Online / Remote)
1Summary
A fire, a burst pipe, or a break-in doesn't just damage a building — it can shut a business down while repairs happen, costing far more in lost income than the physical damage itself. That combination is exactly what this course addresses: insuring the property itself, and insuring the profit a business would have made if the incident hadn't happened.
Property insurance covers risks such as fire, theft, or weather-related damage, and can be scoped narrowly — fire only, for instance — or more broadly to include flood or earthquake, though standard property cover typically excludes earthquake, flood, terrorism, and war-related damage unless specified. Claims and payouts hinge on accurately tracking loss lists and the cause of damage, since insurers pay out against named perils such as fire, lightning, explosion, and theft.
2Objectives and target group
Who Should Attend
- Managers of companies and facilities.
- Employees in insurance management.
- Business owners looking to develop their property insurance management skills.
- Business administration students and graduates.
- Anyone developing expertise in property insurance.
What Participants Will Master
- The general concept of insurance, with solid working knowledge of property insurance and loss of profits.
- Assessing damage to buildings and property from incidents and loss events.
- How property insurance contracts are structured and obtained.
- The legal obligations that run between the insurer and the insured.
3Course Content
Module 1: Property Insurance and Loss of Profits — the Basics
- Why insurance matters, as a foundation for understanding property insurance specifically.
- An introduction to property insurance and loss of profits, and the features that define property insurance.
Module 2: Damage Classification and Procedure Codes
- How current damages are classified and encoded using procedural terminology.
- The common coding system used for property insurance procedures.
Module 3: Legislation, Compensation, and Claims
- Legislative topics and laws related to insurance.
- Methods of compensation and the types of property insurance programs.
- Fundamental principles and instructions for compensatory claims, and the characteristics specific to insuring against loss of profits.
Module 4: Course Delivery and Certification
- Delivered across Egypt, Jordan, Malaysia, Turkey, England, France, Italy, Germany, Sweden, Austria, Denmark, Australia, and the USA, at times that suit your schedule.
- Formats include group training at academy centers, individual training with a full curriculum, field training aligned with global standards, and classroom-based theory.
- Participants receive a certificate accredited by the Arab British Fellowship Training Academy upon completing the course.