Format:   Course
Level:   Intermediate
Duration:   2 hours
CPD Points:   2

A comprehensive liability product suite is offered by the industry. This extends from professional, management and legal liability insurance to crime cover. It provides peace of mind to small, medium and large businesses in an ever changing regulatory environment...

Financial

Format:   Course
Level:   Advanced
Duration:   2 hours
CPD Points:   2

There is a common misconception that traditional insurance policies and cyber-crime extensions provide cover for the costs related to a cyber attack. However, cyber insurance provides broader cover.

Cover includes 1st and 3rd party aspects such as investigating and recovering from a breach while implementing measures to protect the organisation and affected 3rd parties from damages as a result of the breach.  The policy covers breaches resulting from cyber-crimes committed by external parties, but also breaches as a result of malicious or negligent acts carried out by employees.

Cyber Insurance

Format:   Course
Level:   Advanced
Duration:   1h 30 mins

Commonly known as fidelity guarantee insurance, the policy provides protection to the employer (insured) against fraud and dishonesty committed by employees, where the employees have benefited financially and the employer has suffered a financial loss. Cover against computer fraud committed by a third party is also covered under this policy.

Commercial Crime

Format:   Course
Level:   Advanced
Duration:   45 mins

The risks associated with being a director or officer are far reaching and the proliferation of new laws could make even routine management decisions nightmarish and trigger personal liability. Such legal proceedings affect not only the directors and officers personally, but impact financially on the company.

Directors and Officers (D&O) cover addresses an insured's wrongful acts including actual or alleged breach of contract; breach of duty, breach of trust, act error, neglect, omission, misstatement, misleading statement, breach of warranty of authority, or any other act done or wrongful attempted.

Directors & Officers

Format:   Course
Level:   Advanced
Duration:   45 mins

An Employment Practices Liability Insurance policy protects the directors and officers as well as the company, against claims made by both potential, past and current employees for any actual or alleged wrongful acts relating to employment practice violations.  It is not a catch all cover. The client needs to demonstrate that they have done all required in terms of the law.

Employment

Format:   Course
Level:   Advanced
Duration:   45 mins

An events liability policy offers liability insurance for events that may include celebrations, fund raising, sport and recreational events, weddings and theatre premiers.  The following is covered: property damage and bodily injury including liability arising from the consumption of food and drink, providing first aid treatment, spread of fire, and pollution. The cover is for statutory and legal defence costs.

Events Liability

Format:   Course
Level:   Advanced
Duration:   1h 15 mins

FIPI policy provides cover for financial institutions for their legal liability arising out of claims for damages due to a financial loss incurred by third parties as a result of the insured's actual or alleged negligent act, error or omission.

FIPI

Format:   Course
Level:   Intermediate
Duration:   1h 15 mins

It is vital to a business' survival to be adequately covered against liability risks in South Africa's evolving economic and legislative environment.  Broadform liability cover is a must for any business that has visitors on its premises or that carry out work on sites other than its own registered address. Typical businesses that would make use of this type of cover are manufacturers, wholesalers, distributors, suppliers and retailers.

Liability needs are constantly expanding.  Many policyholders have a need for higher limits due to contractual obligations, global subsidiary requirements and other factors.

General Liability

Format:   Course
Level:   Advanced
Duration:   1h 15 mins

Professional indemnity insurance is tailor made for professionals and it gives vital financial protection for people who give advice, design products or deliver services.  Professional indemnity protects the professional's reputation and bottom line against a claim for any negligent breach of professional duty, care, or confidentiality – among other issues. Just as important, it also covers the legal defence costs incurred in defending an allegation which can be crippling.  

Professional Indemnity

Format:   Course
Level:   Advanced
Duration:   35 mins

Medical malpractice insurance is professional indemnity for medical practitioners.  The wording covers the insured for any bodily injury, mental injury, illness, disease or death of any patient caused by any negligent act, error or omission committed by the insured in or about the conduct of their occupation or business as stated in the proposal form or declaration.

Medical Malpractice Insurance

Format:   Course
Level:   Advanced
Duration:   45 mins

This policy protects the trustees as well as the fund, against fidelity losses as well as errors and omissions committed by the trustees.  So, trustee liability insurance effectively provides crime & professional indemnity cover for trustees of pension, provident, preservation, retirement, & medical aid funds.

Trustees Liability

Glossary

Terms specific to liability and commercial crime insurance.

Glossary

Format:   Course
Level:   Advanced
Duration:   45 mins

Various factors are considered when an insurer conducts a risk management exercise at the insured. These factors are used to determine whether to insure a risk or what action is required on the part of the insured in order to make the risk acceptable. Different factors are considered depending on the class of liability.

Risk Management

Format:   Course
Level:   Advanced
Duration:   30 mins

Liability risks pose a unique challenge to insurers and reinsurers as an illness that could potentially lead to a claim may not manifest itself until many years later, as is the case with asbestosis.

Reinsuring Liability

PRE-REGISTER: COMING APRIL 2019

Course
Duration: 1h 30mins
Contract confines the benefits and liability to the immediate contracting parties. The supplier's liability arises through the breach of the express or implied conditions of the contract of sale or supply, irrespective of negligence on the part of the seller or supplier.

Products Liability

PRE-REGISTER: COMING MAY 2019

Course
Duration
: 35 mins

Once a client has been provided with an array of policies covering any variety of perils there remains the possibility of some form of unforeseen loss could happen that is nowhere covered because it fails to fall within the scope of any defined losses (i.e. it is neither nor insured nor excluded). This "gap" in the cover is referred to as the Difference in Conditions.

Difference in conditions (DIC) insurance is cover provided to protect the insured against any form of loss not insured nor excluded by any other policy that they have or could have. One might think of the cover working a bit like the grout between tiles on a wall. Each tile provides a certain amount of cover, but the inevitable space between the tiles is not covered and therefore provides scope for DIC insurance. This class of insurance cannot be used as a substitute for other available insurance. "Complete" cover, however, is an impossibility because inevitably there will be exposures which underwriters cannot or will not insure - declined risks. 

DIC

PRE-REGISTER: COMING APRIL 2019

Course
Duration
: 1h 15mins

Engineering insurance deals with the insurance of plant and machinery and is focused mainly on loss or damage within the plant itself.  Contractors All Risks Insurance (CAR) has been developed in response to the demand for compulsory insurance for large-scale building and civil engineering works.  The policy indemnifies the insured for loss or damage to property as a result of any cause, with some exceptions e.g. war, civil commotion, consequential loss, defective design and more.

Engineering Insurance

PRE-REGISTER: COMING APRIL 2019

Course
Duration
: 1h 15mins

Marine insurance basically provides cover against the perils of the sea, e.g. sinking, stranding, heavy weather damage, fire, collision, thieves and piracy.  The subject of the insurance may be the hull, the cargo or the freight (the payment for carriage of the cargo).  Cover may be given during the construction of a vessel or for subsequent voyages or periods of time.  Marine policies may also be written for oil rigs and pleasure craft.

Marine