Program Introduction

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Program Objectives

2

Course Objectives

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Learning Objectives

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Program Six:Insurance Products and Instructions

9

Senior Positions in Insurance Companies

0

Leadership Structure of Senior Positions in Insurance Companies

Functions of Senior Management in Insurance Companies

Supervisory and specialized roles in insurance companies

0

Introduction

Compliance Officer

Internal Auditor

Actuarial Expert

The main operational processes of insurance

0

organizational structure For Operational Processes

Marketing and Sales

Underwriting

0

The concept of underwriting and its decisions

Stages of underwriting process:

Claims

0

The concept of claims

Files Related to the Insured’s Claims

Implementing Regulations of the Law on Supervision of Cooperative Insurance Companies

Handling claims

Financial operations

Investment Management

Responsibilities of Human Resources and Administrative Affairs

Risk Management

Types of insurance

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Introduction

Characteristics of insurance products

Classification of insurance products in the Saudi market

General Insurance

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Motor insurance

0

Comprehensive Motor insurance

Motor insurance third party liability

Personal accident insurance

Commercial and Residential Property Insurance

Public liability insurance

0

Employers' and Directors' Liability Insurance

Professional and Commercial Liability Insurance

Financial Risks and Crime Insurance

Work accidents insurance

Medical Malpractice Insurance

Engineering insurance

0

Contractor equipment and machinery

Specialized technical and operational risk insurance

Inherent Defects Insurance for Buildings

Marine insurance

Energy insurance

Aviation product insurance

Health insurance

0

The concept of medical insurance

Features of the medical insurance program

Corporate medical insurance

Protection and Savings Insurance

0

Concept of Protection and Savings Insurance

Categories of Protection and Savings Insurance Products

Types of protection and savings insurance

concept of customer service

Insurance Market Conduct Regulation

General requirements of the Insurance Market Conduct Regulations

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Professional and Ethical Obligations and Customer Service Conduct

Operational governance, customer protection, and regulatory obligations

Market practice standards

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The concept of market practice standards

Key elements of an insurance policy

Amendments to the insurance policy

Free Look period provision (protection and savings insurance)

Pricing regulations and discrimination in insurance

Pre-sales customer service

0

Introduction

Assessing customer needs

Expense Loading

Insurance Companies’ Quotations

Disclosure to customers

Protection and savings insurance products

Disclosure requirements for customers

Customer responsibilities

Coverage confirmation

Controls for Issuing Insurance Policies and Managing the Financial Relationship with Customers

The Concept of After-Sales Services

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The concept of post-sales services

Claims settlement

Credit control

Complaint Handling

Cancellation

Policy Renewal and Expiration

The surplus Distribution

Activity

Summary

assessment

1

Post-assessment