Insurance Law (Theory and Applications)
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- Insurance Law (Theory and Applications)
This course is designed to introduce participants to the general principles of insurance law, this will include an overview of a range of topics which comprise the subject of insurance law, including insurable interest, the principle of utmost good faith, the law of misrepresentation, breach of warranty, non-disclosure of material facts, the indemnity and proximate cause principles, subrogation, the duties and liabilities of insurance intermediaries, brokers and agents.
This course is aimed at those who have studied insurance law previously in their home jurisdiction. However, given that students taking the course will come from different legal systems and will have different legal experiences, the course will be taught at an intermediate level. It is recognised that the discussions in class concerning insurance law generally are enlivened by the experience of lawyers from many jurisdictions.
Course Objectives
By the end of the course, participants will be able to:
- Understand the fundamental principles of insurance law.
- Evaluate key concepts like insurable interest, utmost good faith, misrepresentation, and breach of warranty.
- Analyse the roles and responsibilities of insurance intermediaries, brokers, and agents.
- Develop a foundational understanding of various types of insurance and how insurance operates in practice.
- Apply critical analysis and research skills to address issues in insurance law.
Who Should Attend?
- All business professionals and educators interested in the field of insurance law
- Insurance fraud investigators.
- Bank examiners.
- Attorneys.
- Private investigators.
- Internal auditors.
Course Outline
- Understanding the role of insurance in modern society.
- Exploring the basic definition of insurance and how it operates.
- Discussing the importance of insurable interest and the insurance contract.
- Reviewing key insurance terminology and its practical applications.
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ISO 9001:2015
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