Saudi Arabia
Egypt
UAE
Canada
Insurance Compensation Management
Insurance System Achieve Communities Safety from Economic Losses by the Insurance Coverage that Insurance Companies Provide. The Insurance Relation Consider as Relation Stand on Contract with Three Parts, the Parties have theirs Commitments and Duties and All This Issues Considered as Concepts Principles. Insurance Service is One of the Modern Systems that Came to Provide Humans with theirs Natural Safety Needs, and the Insurance has Developed to Many Rules and Types, and Important Especially in Economies Field.
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By the end of this course, participants will be able to:
· Identify the categories of professionals that may have a professional indemnity exposure.
· Understand how professional liability arises,
· Realize the types of claims and the coverage afforded.
· Understand that professional indemnity insurance protects you and your business against claims for financial loss, bodily/personal injury, or property damage arising from an act, error, or omission in the performance of professional services.
- The types of organizations that are susceptible to Professional Indemnity exposure
- Examples of typical claims that can be made against directors and officers
- Why professionals buy professional indemnity insurance
- Examples of relevant professional indemnity claims.
- The benefits of both directors' & officers' coverage
- Duty of care owed by professionals - legal liability and breach of contract
- Negligence claims
- Indemnity or errors and omissions?
- Indemnity and errors and omissions policy - key elements of cover:
- Principal exclusions and extensions
- Proposal and underwriting
- claims process, including incident reporting
- The duties and liabilities of directors and officers.
