Insurance Academy
A comprehensive Insurance Training Program geared towards helping you sky rocket your career in the Insurance industry.
When it comes to finding a new job or advancing your career, one of the most important aspects is what kind of knowledge and skills you bring to the table. Attending professional skills development program can help take your skills to the next level. With a comprehensive understanding of how to use these skills in the real world, you can be more confident in entering into a new industry or take on demanding tasks that will help you grow within your company. Professional development opportunities are available at any level, so it is never too late to participate.
In these days of greater economic uncertainty, it’s very difficult for any employee to feel secure in their position. If you’re faced with a future where your skills are no longer valued or desired, the only way to prevent unemployment is to acquire new skills or advance within your company.
With jobs changing rapidly and new skills being required constantly, it is imperative that professionals are able to stay current with what’s happening in their industry. For career advancement and to compete with more experienced professionals, it is crucial that you continue to acquire and expand upon the knowledge. Insurance is a fast-paced, ever-changing industry with significant complexities, that requires both an understanding of the products and services provided as well as skill in customer interaction. Our commitment to developing these very skills required for success has allowed many individuals to achieve their career goals.
Course Overview
Along with teaching common insurance concepts like Indemnity, Good Faith Representation Views of Opposing Sides, need for IT and Process Orientation; we have 4 training modules outlined below.
Please choose one module at a time. Each training module spans 14 weeks with 10 hours of training per week.
Marine, Hull & Offshore Insurance
Marine Transit insurance – understand what risks are insured & what are not.
Various types of Marine Insurance policies – Learn when you need what type and differences
Supply Chain Insurance & Interface with Banking/ Customs/ Shipping Lines
Hull Insurance – Risks covered, not covered, Innocent Owners & Interface with Ports
General Average
Offshore Properties e.g. Platforms, SPMs, Pipelines
Special Contingency insurance
Various Marine related Contracts
Liability Insurance
Liabilities in Shipping, Marine and Offshore Property Areas for Cargo Owners, Ship Owners, Ports, Charterers and Other Offshore Property Owners
Protection & Indemnity (P&I) insurance
International Conventions for marine liabilities
Aviation Liability
Legal Public Liability
Pollution & other Third Party Liabilities
Project Liabilities
D&O, E&O, Media-Tech & Employer Liabilities
Property Insurance
Simple Property Risks to big Business Property Risks
Machinery Breakdowns
Business Contingency Risks
Insurance Products available, what are covered & what are not.
How to arrive at Sum Insured before cover & Under-insurance issues
Claims calculations for Property Damage & Business Interruption
Value-Adjustable Policies
Warranties & Conditions in the Policies
Cyber Risks
Terrorism & War Risks
Importance of Full Disclosures
Project Insurance
Erection All Risks cover for Projects – what risks are covered
Latent Defect Risks
Advance Loss of Profit Insurance
Claim quantification method
Project Values, Under-insurance and adjustments
Project Cargo Insurance
Closure of Project Insurance & Transition to Operational Cover
Issues in Brownfield Projects
Defects Liability Insurance
Why choose Energy First?
We, at Energy First, have adopted a 360˚ learning methodology. Prominent thinkers like John Dewey and Maria Montessori were early proponents of this type of learning, researching new methods for how humans learn best. 360˚ learning is a method that combines all of the different types of learning into one comprehensive approach.
It takes advantage of how human brains learn by providing opportunities for students to explore, collaborate, and take risks without consequence. With the incorporation of this form of learning, students are not only able to better retain information and become more proficient in their skills but also teach others in your organization. This type of learning is also great for those who have difficulty following only lecture-based teachings.
Classroom Training
Training in the classroom is an essential aspect of learning. A classroom environment can foster creativity and collaboration and helps ensure the students are comfortable with the topic before moving on.
Quality Courseware & Training Faculty
Coupled with our carefully crafted course material, you will be learning from our specialist faculty trainers while validating various concepts with them in person. The courseware includes animation and other video learning tools for complicated topics.
Case Studies
Case studies are a great way to learn from mistakes and successes of others. They provide an opportunity to explore the details of a situation and examine the consequences of different actions. Using case studies for training is known to boost the cognitive skills of the trainees.
Field Visits
Field visits as a learning tool have been proven to enhance student understanding of course materials. They force students to get outside the classroom and have real life experiences in their field of study. This increases their observational skills, helps them explore with their own senses, and gives them an understanding that cannot be learned from reading textbooks or watching videos online. A field trip also allows them to see how their education applies outside the classroom.
Periodic Assessment & Feedback
As an instructor, it can be difficult to know how the students are performing on the coursework. In order to get a more qualitative understanding of the students' progress, periodic assessment and feedback is an effective tool. This is also essential for students to evaluate their own progress.
Expert Lectures
Our expert lectures are training sessions conducted by on-field professionals sharing the best practices in their industries. Not only does this helps showcases up-to-date research about their particular industry but it also gives them a chance to pass down their techniques and skills to younger generations of professionals.