Fire Insurance and Loss Adjusting: A Practical Training Course
1Summary
Disaster losses have climbed sharply this century — from the Indian Ocean tsunami, which claimed more than a quarter of a million lives, to Haiti's earthquake, which killed over 220,000 people and caused economic damage estimated at roughly 120% of GDP, to flooding in Pakistan that affected nearly 20 million people. Events like these pushed governments worldwide to take the economic and social impact of disasters seriously, and the damage-and-loss assessment methodology developed by the Economic Commission has since become a globally recognized tool for measuring that impact.
This course brings that same rigor down to the level of fire insurance and loss adjusting. It builds advanced skills in managing insurance for employees in companies and institutions, and in understanding fire insurance terms, how they're applied, and how losses connected to fire insurance are properly evaluated.
2Objectives and target group
Who Should Attend
- Institution and company managers, and insurance company managers.
- Business owners looking to sharpen their insurance management skills.
- Business administration students and graduates.
- Anyone developing expertise in fire insurance.
What Participants Will Learn
- How to process requests for new fire insurance cards and correct errors in card information.
- How to submit participant data to fire insurance companies.
- How to coordinate the paperwork needed for emergency reimbursement when a hospital admission is involved.
3Course Content
Module 1: Assessing and Managing Fire-Related Risk
- The risk management process and methods for assessing risk.
- Precautions to take, and how risk connects to organizational policies and procedures.
- Why and when risk gets assessed, certification methods for risk assessment, and how to handle risks linked to corruption.
Module 2: Fire Insurance Fundamentals
- The concept and defining characteristics of fire insurance.
- Why fire insurance matters for companies and factories.
Module 3: Legal Framework and Loss Classification
- Legislative issues and laws related to insurance.
- How losses are classified within fire insurance.
Module 4: Compensation and Claims Handling
- Compensation methods and the types of fire insurance programs available.
- The fundamentals of compensation claims and the instructions for filing them.
- Identifying the different features relevant to fire insurance cases.
Module 5: 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, one-on-one training, field/practical training, and classroom-based theory.
- Participants receive a certificate accredited by the Arab British Fellowship Training Academy confirming their attendance; the course can also be arranged at a time and place convenient for you.