This course aims at familiarizing with the concepts, principles, practices & procedures adopted by insurers in underwriting all classes of non-life insurance. The course also examines the impact of relevant IRDA Regulations on aspects of rating, underwriting, protection of policy holder’s interests, as well as the significance & importance of research, development and applications of information technology. This course will equip learners of insurance with underwriting skills i.e risk assessment in general insurance products.
Introduction to Underwriting , Methodology & Procedures of Underwriting, Principles of Rate Making , Rating Approaches in Pricing , File & Use Regulations , Applications of File & Use Regulations , Tools of Underwriting , Types of Policies , Underwriting Profitability & Review Strategies , Protection of Policyholder’s Interest , Research & development in Underwriting , IT. Applications in Underwriting
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