DRIVING PROFESSIONAL STANDARDS
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<strong>DRIVING</strong> <strong>PROFESSIONAL</strong> <strong>STANDARDS</strong><br />
2015 MII PROGRAMME DIRECTORY<br />
LIABILITY<br />
COURSES<br />
These courses are created to enable participants<br />
to develop a comprehensive understanding on<br />
important areas of Liability Insurance in a reasonably<br />
short time frame.<br />
Title<br />
3.09 A Comprehensive Course in Aviation Insurance<br />
Title<br />
3.10 A Comprehensive Course in Professional Indemnity & Director’s Liability Insurance<br />
Duration<br />
Time<br />
Duration<br />
Time<br />
3 Days 9.00 am to 5.00 pm<br />
3 Days 9.00 am to 5.00 pm<br />
Venue<br />
The Malaysian Insurance Institute City Centre<br />
Suite 6.0W, 6th Floor, Wisma Sime Darby, Jalan Raja Laut, 50350 Kuala Lumpur, Malaysia.<br />
Venue<br />
The Malaysian Insurance Institute City Centre<br />
Suite 6.0W, 6th Floor, Wisma Sime Darby, Jalan Raja Laut, 50350 Kuala Lumpur, Malaysia.<br />
About<br />
the<br />
Course<br />
This course covers the basic principles of insurance and risk with special application to the aviation industry. It offers<br />
a thorough discussion of worldwide and Malaysian aviation markets, the various types of aviation insurance and the<br />
general lines of products and processes that must be considered by those working in the aviation industry.<br />
About the<br />
Course<br />
This course has been designed to provide a broad knowledge and insight of professional indemnity and directors<br />
liability insurances. Participants will look at key features and processes, major underwriting considerations as<br />
well as issues and development facing the business.<br />
Key<br />
Course<br />
Contents<br />
Part 1<br />
• Development of Aviation<br />
Insurance<br />
• Overview of Overseas Aviation<br />
Market<br />
• Overview of Malaysian Aviation<br />
Market<br />
• Introduction to Aviation Risks:<br />
- Airline<br />
- General Aviation<br />
• Introduction to Main Aviation<br />
Policies:<br />
- Hull/Liability<br />
- War & Allied Perils<br />
- War, Hijacking & Other Perils<br />
Excess Liability<br />
- Deductible Buyback<br />
- Personal Accident<br />
- Loss of License<br />
- Premises, Products and Hangar<br />
keepers<br />
- Aviation Contractors Liability<br />
- Airport Owners & Operators<br />
Liability<br />
- Ground Handling & Refueling<br />
Liability<br />
• Insurance Application Process/<br />
Proposal Forms/Questionnaires<br />
• Underwriting Considerations/<br />
Essential Pricing Factors<br />
• Risk Acceptance / Placement<br />
Process<br />
• Aviation Documentation<br />
FEES<br />
Part 2<br />
• In Depth Study of Policy<br />
Wordings, Exclusions, Common<br />
Extensions & Clauses:<br />
- Hull/Liability<br />
- War & Allied Perils<br />
- War, Hijacking & Other Perils<br />
Excess Liability<br />
- Deductible Buyback<br />
- Personal Accident<br />
- Loss of License<br />
- Premises, Products and Hangar<br />
keepers<br />
- Aviation Contractor Liability<br />
- Airport Owners & Operators<br />
Liability<br />
- Ground Handling & Refueling<br />
Liability<br />
Part 3<br />
• Aviation Loss Statistics<br />
• Assessing Frequency and Severity<br />
of Aviation Claims<br />
• Risk Management<br />
• Claims Handling Procedures<br />
- Hull Claims<br />
- Liability Claims –<br />
a) International Convention<br />
affecting Aviation Liability<br />
Claims<br />
b) Third Party Claims<br />
c) Passenger Claims<br />
Key Course<br />
Contents<br />
Upon completion of the course, participants should be able to:<br />
• Apply the principles of insurance on practical terms<br />
• Identify the global trends that have given rise to demand for Specialist Liability Insurance Classes such as<br />
Professional Indemnity and Directors’ & Offers’ (D&O) Liability<br />
• Understand the legal exposure by Directors and Officers in today’s environment<br />
• Highlight the various factors and issues that influence the underwriting of D&O Insurance<br />
• Analyse different industries and exposures<br />
• Understand the policy terms and conditions<br />
• Understand the D&O claims process<br />
Professional Indemnity:<br />
• Definition of Professional Eligibility<br />
• Demand for PI Cover - Effects to Global Trends<br />
• Understanding the Proposal Form<br />
• Underwriting Considerations<br />
• Types of PI Policies<br />
• Main Features of PI Policy<br />
• Policy Coverage<br />
Directors’ and Offices’ (D & O) Liability:<br />
• D & O Market Today and the Changes<br />
• Directors’ & Officers’ Terminology (D & O)<br />
• Understanding the Proposal Form<br />
• Policy Coverage<br />
• Underwriting Considerations<br />
• Issues and Development in D & O Coverage and Exclusion Technical<br />
• Rating Issues<br />
FEES<br />
LOCAL<br />
RM 2,300<br />
INTERNATIONAL<br />
USD 770<br />
LOCAL<br />
RM 2,300<br />
INTERNATIONAL<br />
USD 770<br />
94 95
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