DESCRIPTION
This course will look closely at how the underwriter rates this type of risk, what represents a good risk (as well as a poor risk), the UK & EU legislation surrounding motor vehicles & how the Civil Procedure Rules relate to motor claims.
The course will explore how an underwriter would review a risk and determine how the claims history is set when covering multiple policies on the same policy. We will review the impact of suitable and adequate risk management.
OBJECTIVES
- Identify when a motor fleet policy is suitable
- Recognise the administration of a motor fleet
- Understand how insurance premiums are calculated
- Explain how a business is able to manage and reduce their risk
