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No offerings have been identified for this subject in 2017

INS301 Liability Underwriting Management (8)

Abstract

This subject provides the knowledge and skills required to provide liability insurance, survey risk exposure, review and interpret portfolio performance.

+ Subject Availability Modes and Location

Continuing students should consult the SAL for current offering details prior to contacting their course coordinator: INS301
Where differences exist between the handbook and the SAL, the SAL should be taken as containing the correct subject offering details.

Subject information

Duration Grading System School:
One sessionHD/FLSchool of Accounting and Finance

Assumed Knowledge

INS202

Enrolment restrictions

Bachelor of Business (Insurance) students only

Learning Outcomes

Upon successful completion of this subject, students should:
- be able to discuss the legal concepts relating to liability
- be able to evaluate liability quotation slips
- be able to analyse the risk
- be able to choose policy wordings
- be able to provide quotations
- be able to negotiate with other related parties
- be able to review operational performance of portfolios

Syllabus

The subject will cover the following topics:
Definition of legal liability
Sources of law identification
Identification of categories of tort
Explanation of plaintiff's legal rights
Privity of relationships explanation
Defence categories explanation
Liability explanations related to various policies
Risk establishment
Information investigation
Additional information specification
Survey requirement implementation
Identification of activities/processes and practices
Exposure identification
Risk management exposure evaluation
Specialist consultation
Identification of endorsements/extension/restrictions
Tailoring the policy
Information evaluation
Rating determination
Premium calculation
Discount premium justification
Quotation preparation
Quote submission
Negotiation planning
Conducting negotiations
Key performance data collation
Data review
Conduct analysis
Data presentation

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The information contained in the 2017 CSU Handbook was accurate at the date of publication: 25 August 2017. The University reserves the right to vary the information at any time without notice.