The eight assignments in Underwriting Commercial Liability focus on the profitable selection of applicants for selected commercial liability coverages. Assignment 1 discusses the legal concepts that form the foundations of legal liability. Underwriters must have a firm grasp of these legal principles to properly evaluate applicants for liability insurance. Assignments 2 through 8 provide in-depth explanations of the key underwriting considerations relevant to the evaluation of submissions for commercial liability coverages.

Benefits

• Construct a solid book of business through strategic selection of commercial liability insurance.
• Develop a broad perspective of advanced underwriting techniques with technical knowledge of insurance and ratemaking.
• Solidify your reputation as a contributor to organizational success by using quantitative techniques to analyze individual accounts. 

Targetgroup

• Underwriters
• Risk Management and Internal Audit Professionals
• Actuaries
• Reinsurance Professionals
• International Brokers

Topics

• Legal foundations of liability underwriting
• Underwriting general liability: premises and operations
• Underwriting general liability: products and completed operations
• Underwriting business auto
• Underwriting garage
• Underwriting workers compensation
• Underwriting professional liability
• Underwriting umbrella and excess liability

Timeframe

Around 6 hours per week are recommended for this training with 4 hours for studying the course book (about 30 pages per week) and doing the exercises. Additional time needs to be set aside to prepare for the online exam. Before starting, please be aware to carefully schedule the 4 month period per module so that you have enough time alongside your vocational and personal activities.
Exam dates for online exams are always in the exam windows January 15th - March 14th, April 15th - June 14th, July 15th - September 14th and October 15 - December 14th. Registration for an online exam is possible anytime.

Learning Design

Self study

Course material:

• Text book and course guide
• Extra exercises
• Online exam

Certificate

Certificate of AU 62. The AU 62 is part of the AU designation.