Everyone involved in insurance – either as an insurer or as an insured – requires excellence in liability claims handling. Businesses need to deal with insurers who have an excellent claims-handling mandate. Insurers who wish to profit need an excellent liability claims-handling program. Everyone in business needs an insurer who has an excellent liability claims-handling program in effect.
Keeping a professional claims staff dedicated to excellence in liability claims handling is cost-effective over long periods of time. The business that must present claims for defense and indemnity of suits brought against it needs experts in corporate liability insurance to obtain the benefits promised by the policy and protect the assets of the business.
Learning Objectives
- Explore what is required to provide excellence in liability claims handling.
- Identify the insurer who supports excellence in liability claims handling.
- Discover why some insurers do not support a requirement for excellence in liability claims handling.
- Recognize that insurers and insureds should, if they wish to succeed, adopt a program to promote excellence in claims handling that can help insurers keep the promises made by the insurance policy and avoid charges of breach of contract and the tort of bad faith in both first- and third-party claims.
Included In Certifications
This course is included in the following Certification Programs:
15 CoursesCorporate Liability Insurance Certification
- Corporate Liability Insurance: Excellence in Claims Handling
- How to Acquire a Policy of Third Party Liability Insurance
- How to Read and Understand a Liability Insurance Policy
- The Necessity For An Honest And Complete Application For Insurance
- The Basics of the Law of Contracts for the Insurance Professional
- The Law of Torts
- Ethics for the Corporate Liability Insurance Professional
- The Covenant of Good Faith and Fair Dealing
- Interviewing Techniques For The Corporate Liability Insurance Professional
- Corporate Liability Insurance Fraud Prevention
- Corporate Liability Insurance: Rescission - An Equitable Remedy
- The Duties Of An Insured Presenting A Third Party Bodily Injury and Property Damage Claim
- The Statement And the Investigation of Third Party Liability Insurance Claim
- Compliance with Good Faith Settlement Practices Regulations
- Corporate Liability Insurance: Millions For Defense Not A Dime For Tribute
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Prerequisites
This is the introduction to the course so the person taking the course can understand what is needed to be a certified expert in corporate liability insurance.
No advanced preparation or prerequisites are required for this course but it would be useful to complete the Certified Expert in Corporate Property Insurance course.