Insurance Principles and Underwriting
Insurance depends on pricing risk accurately and wording cover precisely. This course covers the principles, the underwriting process and the claims and reinsurance arrangements that stand behind a policy.
Course outline
What this programme covers, module by module.
- 01Insurance principles: insurable interest, indemnity and good faith
- 02Risk assessment, rating and pricing
- 03Policy wordings, exclusions, conditions and warranties
- 04The underwriting process and decision making
- 05Claims notification, assessment and settlement
- 06Reinsurance and how risk is passed on
- 07Regulation, conduct and treating customers fairly
What you will gain
- Explain the principles that underpin insurance contracts
- Assess and price risk within an underwriting framework
- Interpret policy wordings, exclusions and conditions
- Handle claims fairly and within policy terms
- Explain the role of reinsurance in risk transfer
- Apply regulatory and conduct requirements to insurance sales
Who should attend
- Underwriters and insurance officers
- Brokers and intermediaries
- Claims handlers and assessors
- Risk managers buying insurance
Upcoming sessions
| Date | City | Duration | Fees | Book |
|---|---|---|---|---|
| 26 to 30 Oct 2026 | London | 5 Days | US$1,800 | |
| 9 to 13 Nov 2026 | Dubai | 5 Days | US$1,800 | |
| 30 Nov to 4 Dec 2026 | Pretoria | 5 Days | R18,000 | |
| 11 to 15 Jan 2027 | Durban | 5 Days | R18,000 | |
| 8 to 12 Feb 2027 | Cape Town | 5 Days | R18,000 | |
| 19 to 23 Apr 2027 | Johannesburg | 5 Days | R18,000 | |
| 21 to 25 Jun 2027 | London | 5 Days | US$1,800 |
Fees are per delegate and exclude VAT. Public intakes are confirmed once minimum numbers are met. We also deliver this course on your own schedule, in-house or live online.
Enquire about this course
Register your team or ask for a tailored in-house quote. We reply within one working day.
WhatsApp usCourse brochure (PDF)- Fees from
- R18,000 per delegate
- Duration
- 5 Days
- Field
- Banking & Financial Services
- Formats
- In-house, public, online
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