The Complete Course on Property and Casualty (P & C) Insurance

Objectives

By the end of this Property Insurance training course, participants will be able to:

Understand the structure and arrangement of Property and Casualty insurance policies and how they support risk management across industries. Participants will also learn to identify key stakeholders in the insurance value chain and recognize their roles in underwriting, claims, and risk transfer.

Participants will develop practical skills to apply basic insurance principles to real-world scenarios, enabling them to interpret policy wordings and assess coverage. The course also helps distinguish between property insurance and casualty insurance, providing clarity on how different covers protect assets and liabilities. Participants will also learn the difference between Sum Insured and Limit of Liability, essential for accurate risk assessment.

In addition, the training emphasizes the importance of investigations in determining loss causes and improving claims outcomes. Key clauses such as retrospective coverage in Professional Indemnity policies will be explained, enabling participants to understand their application and impact on coverage.

Training outcomes include:

• Learn the structure and components of P & C insurance policies
• Identify roles of insurers, reinsurers, brokers, and policyholders
• Apply insurance principles to real-life risk scenarios
• Distinguish between property and casualty coverages
• Understand Sum Insured vs Limit of Liability
• Recognize the role of investigations in loss assessment
• Understand key clauses like retrospective cover in PI insurance

Training Methodology

This COPEX Property and Casualty Insurance training course uses a blended learning approach to maximize participant engagement and knowledge retention. The course is delivered through expert-led presentations, ensuring participants receive accurate and up-to-date insights from a Regional Risk Consultant with extensive industry experience. This approach enables learners to understand complex insurance concepts through clear explanations and practical examples.

Participants will also engage in group exercises and scenario-based simulations, which help translate theoretical concepts into real-life applications. These interactive sessions encourage collaborative learning and provide opportunities to discuss challenges faced in the insurance market. The course also includes a review of actual policy wordings, clauses, and endorsements, allowing participants to develop skills in policy interpretation and risk evaluation.

Interactive Q&A sessions are included to address specific participant concerns and clarify doubts related to policy coverage and claims. Through this methodology, delegates gain not only theoretical knowledge but also practical tools they can apply directly in their day-to-day roles, whether in underwriting, claims handling, procurement, or risk management.

Who Should Attend?

This Property and Casualty Insurance Training Course is ideal for professionals involved in insurance procurement, policy administration, claims handling, and regulatory compliance. It is designed for individuals who require a strong foundation in both theoretical and applied aspects of P & C insurance, including those working in general insurance, construction, engineering, and financial sectors.

Participants who will benefit from this course include insurance and reinsurance professionals, brokers, contractors, engineers, and consultants. It is also suitable for project owners and developers who need to understand insurance requirements under contract conditions. Additionally, financial institutions and investment analysts can enhance their risk assessment skills by understanding insurance coverage and liability limits.

Suitable participants include:

• Insurance and Reinsurance Companies
• Insurance and Reinsurance Brokers
• Contractors, Builders, Sub-Contractors, and Equipment Suppliers
• Civil, Structural, M&E Engineers, Architects, and Design Consultants
• Building, Land, and Quantity Surveyors
• Project Owners, Developers, and Fund Managers
• Banks, Financial Institutions, and Investment Analysts
• Insurance Regulators, Legal Advisors, Arbitrators, and Loss Adjusters
• Government Agencies including Public Works, Local Councils, and Highway Authorities