General Insurance Practitioner Course: Fire, Engineering, Accidents and Allied Risks
1Summary
The insurance sector keeps moving: legal updates, technical shifts, and a growing need for professionals who can manage an insurance portfolio with real confidence, not just familiarity. That gap is exactly what this general insurance programme, delivered by the Arab British Fellowship Training Academy, is built to close.
Across the programme, participants work through the operational mechanics of non-life insurance and build the analytical and practical skills needed to manage risk and design effective insurance solutions. The four core lines get dedicated attention, fire, engineering, general accidents and allied risks, each broken down by concept, scope of coverage, conditions, and how it plays out in the real insurance market.
2Objectives and target group
Who Should Attend
- Insurance company staff working in general insurance departments.
- Risk and insurance managers at industrial companies and institutions.
- Professionals in insurance brokerage and consultancy.
- Accountants and auditors who deal with insurance policies and costs.
Programme Objectives
- Build the skills to analyse risk and pin down real insurance needs.
- Learn to prepare and interpret fire, engineering and general-accident policies with confidence.
- Develop a working knowledge base for managing claims and settling losses effectively.
- Understand the fundamentals of general insurance, the components of a policy, and the coverage types used in the market today.
3Course Content
Module 1: Insurance Foundations and Risk Thinking
- Concept of insurance and its basics: definition, types, and the difference from life insurance
- Objectives and functions of insurance in the economy
- Elements of an insurance policy: parties, general and special terms, legal principles
- Risk management in insurance: definition, types, handling methods, and insurance's role in transferring and distributing risk
Module 2: Fire Insurance, Start to Finish
- Fire insurance concepts: definition, scope, covered property, causes and coverage conditions
- The fire insurance policy: components, endorsements, liability limits, exclusions, and asset valuation
- Claims procedures and loss compensation: submission, investigation, damage assessment, compensation and reinsurance
Module 3: Engineering Insurance and Technical Risk
- Types of engineering insurance: contractors' all-risk, erection all-risk, machinery and equipment
- Engineering insurance policies: coverage, insurance periods, extensions, special endorsements
- Technical and professional risks: construction project risk evaluation, design and execution errors, contractor and consultant liability
Module 4: General Accidents and Allied Risks
- Introduction to general accidents insurance: personal vs. general accidents, individual vs. group insurance, covered risks
- Types of general accident policies (liability, work injury, personal accident), and claims settlement: documentation, proof of liability, arbitration and compensation
- Allied risks: what they are, how they differ from the primary risk (examples: explosion, storms, floods), and how they get folded into a policy, conditions, additional coverage, and the effect on premiums
Module 5: Valuing Risk and Reinsuring It
- Risk assessment and insurance valuation: estimating losses, technical inspection reports, coordinating with relevant authorities
- Reinsurance concepts: definition, function, difference from direct insurance, facultative vs. treaty types
- Distributing risk among companies, and the relationship between insurer and reinsurer: obligations, joint claims management, coordination during major disasters
Module 6: The Legal and Regulatory Side
- Legal framework of insurance contracts: sources of regulation, obligations of both parties, termination, renewal and dispute resolution
- Supervision of insurance companies: role of regulators, licensing, performance monitoring, protecting policyholders' rights
- Arbitration in insurance disputes: the concept, when disputes go to arbitration, out-of-court resolution
Module 7: Building and Pricing an Insurance Portfolio
- Preparing general insurance portfolios: structure, balancing risk, analysing technical and financial results
- Technical pricing of insurance contracts: pricing factors, risk rate vs. premium, underwriting tools
- Monitoring performance and improving policies: performance indicators, periodic review, product development per market needs
Where and How the Programme Runs
Sessions run in Egypt, Jordan, Malaysia, Turkey, the UK, France, Italy, Germany, Sweden, Austria, Denmark, Australia and the USA, scheduled to fit each participant's own time and workload. Delivery combines group cohorts at Academy-affiliated centres, one-to-one coaching, field-based practice, and classroom sessions inside the Academy itself.
On Completion
Every participant who completes the programme receives a certificate from the Arab British Fellowship Training Academy. The course can also be scheduled at a time and venue that suits you — contact the Academy's team for details.