Commercial general liability (CGL) and business owners policies cover many of the liability loss exposures arising from the conduct of a business. However, certain occupations, such as physicians and attorneys, have an additional liability loss exposure: the professional liability exposure, which is not covered under these policies. These individuals need separate professional liability insurance to cover their professional liability risk.

There are also other business-related liability risks that fall under the professional liability category and are not covered under general liability policies. These include directors’ and officers’ liability, fiduciary liability, and employment practices liability. Businesses must purchase separate coverage to cover these exposures. In this course, participants will learn about the most common types of professional liability policies written for specific professions and businesses.

As you are aware since the beginning of January, 2017, it has been a requirement that all importers take insurance exclusively with local underwriters. Since then marine insurance premiums have been on the rise and continue to grow. There is still a huge opportunity for insurance players to increase and improve their business through marine offerings.

However marine insurance still remains a complex area that requires a thorough understanding and knowledge to be able to effectively execute it. This is more so on the technical areas of marine underwriting and claims. In view of this, the Insurance Institute of East Africa (IIEA) has organized a comprehensive 3 days’ workshop on Marine Insurance Underwriting and Claims Management. This training is designed to equip the participants with knowledge and skills to assess and underwrite risk relating to marine insurance and to survey risk exposure. It is also designed to enable participants to understand the legal terms and concepts, and explain the process, principles and adjustment of marine insurance claims.