Introduction to Insurance

Start Date: 05 February 2018
End Date: 06 February 2018
Location: ACAL premises (Hazmieh)

Introduction to Insurance


This training course has been designed to explain to the participants the different aspects that make up the insurance industry.


To provide participants with an understanding of the function of insurance, starting with evolution of insurance throughout the ages to date, the importance of insurance in the economy, the key players in the marketplace, and the different types of professionals in insurance along with their main duties.


At the end of this training course the participants will be able to:

·        Clearly define Risk & Insurance

·        Understand the evolution of insurance throughout history, and get a glimpse of the future.

·        Learn about the role of insurance in the economy

·        Understand the structure of the market

·        Identify the key players in the marketplace (the buyers, sellers and intermediaries)

·        Understand the role of regulators and other local and international bodies & associations such as: ICC, SIC, FATF, IAIS, ACAL, LIBS….

·        Understand key functions within the insurance industry: Rating & ratemaking, underwriting, pre-risk surveys, claims, loss adjusting,  reinsurance, risk management, production

·        Understand the importance of customer service in insurance


Registration Fees USD 200


Duration 2 half-days (from13:00 to 17:00)





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