Advanced Trade Credit Insurance, Module 1: Policy and Policy Underwriting – 9 September 2021

399.00

Date: 9 September, 14 CET – 17 CET

In this three hours webinar, top experts from the Trade Credit Insurance industry will explain you the terms and conditions of a Trade Credit Insurance Policy and their Underwriting by the Credit Insurers. It is the first module of the Advance Trade Credit Insurance course with in total 3 modules (next to module 2 on Risk, Buyer und Credit Limit Underwriting and module 3 on Collections and Claims). The content builds on the STECIS Fundamentals of Trade Credit Insurance seminar or some other basis experience with Trade Credit Insurance. The course gives you an insight on the typical and the more specific conditions of a Trade Credit Insurance Policy. You will understand the critical situations in applying such a policy, for instance in case of disputes, payments made by a buyer or carrying on deliveries within an adverse situation like an buyer is overdue with a payment. The webinar will share also with you the principles of how Credit Insurers underwrite a Trade Credit Insurance policy. Case studies you have to read in advance will allow you an insight in the daily practice of policy underwriting.

Learning objectives:

Understand the typical regulations of a Trade Credit Insurance policy

Get an insight what are the vulnerable areas in applying a Trade Credit Insurance policy, as for instance the allocation of payments, disputes, banks involved or carrying deliveries during adverse situations

Reach an understanding how Credit Insurers underwrite a Trade Credit Insurance policy

Addressed to:

Participants with some experience in Trade Credit Insurance or who have at least joint the Fundamentals Trade Credit Insurance course of STECIS

Persons who work in related sectors, as in particular credit managers, CFOs or journalists

Brokers and lawyers

Civil servants of ministries or of other administrative authorities.

Course Outline:

  1. Applicable law for a Trade Credit Insurance policy
  2. Typical, mandatory policy conditions
  3. Specific conditions for individual insureds
  4. Vulnerable areas in applying a Trade Credit Insurance policy
  5. Policy Underwriting by Credit Insurers

Tutors:

Mr. André Düsing (https://www.linkedin.com/in/andr%C3%A9-d%C3%BCsing-b7b05913)

Mr. Rob Klouth (https://www.linkedin.com/in/rob-klouth-9531541)

Teaching format:

Online webinar via Microsoft Teams

Seminar includes case studies which are discussed during the course.

Participants are asked to prepare the training by reading and assessing the case studies.

After the webinar, the presentations will be made available to the participants in PDF format.