Introduction to Liability Insurance

The Introduction to Liability Insurance program is designed to provide participants with a scientific and practical foundation for understanding various types of liability insurance within the framework of Egyptian law. The program includes the study of specialized insurance policies, technical underwriting principles, risk assessment, retrospective coverage, and claims settlement procedures, along with real-world case studies to enhance professional understanding.

Training Program Objectives Introduction to Liability Insurance

• To understand the meaning and importance of liability insurance.
• To understand the types of liability under Egyptian law.
• To learn about the different types of liability insurance policies and when to use them.
• To learn about different types of insurance policies, such as public and professional liability.
• To understand the concept of retrospective coverage.
• To learn the steps involved in risk assessment and policy writing.
• To learn how claims are settled in liability insurance.
• To study real-world examples and case studies.

Target audience

Underwriting and compensation officers

Liability Insurance Program Content

• The Origins of Liability Insurance.
• Types of Liability in Egyptian Law.
• Insurance Contracts and Liability Insurance.
• The Evolution of Liability Insurance Policy Types (Based on the Event – Date of Claim).
• A Study of Liability Insurance Policy Types:

1. General Liability Insurance Policy.
2. Product Liability Insurance Policy.
3. Professional Errors Liability Insurance Policy.

• Retrospective coverage.
• Liability underwriting:

1. Risk assessment.
2. Underwriting procedures.
3. Follow-up of past losses.
4. Claims severity – Claims frequency.
5. Reserves – IBNR – Unreported claims.

• Types of coverage according to the legal system.
• Procedures and methods for settling compensation.
• Practical cases.

Program Duration

15 hours – 3 days