Insurance Portfolio Management Training Course

Participants can organise exposure data into usable portfolio segments and quality controls.

• Core exposure fields for location-level commercial property portfolio analysis
• Data dictionaries for occupancies, construction, protection and peril codes
• Geocoding locations and resolving duplicate insured site records
• Data-quality checks for missing values, limits and coordinates
• Segmentation matrices combining occupancy hazard and insured value bands
• Exposure dashboards showing premium, sums insured and policy counts

Participants can assess how policy wording and coverage design affect portfolio exposure.

• Material damage, business interruption and increased cost of working
• Policy limits, deductibles, sublimits and aggregate limits compared
• Named-peril and all-risks wordings assessed for coverage scope
• Average clauses and underinsurance provisions affecting claim settlements
• Co-insurance, first-loss and declaration policies for property risks
• Endorsements controlling vacancy, storage, hot works and sprinkler conditions

Participants can make evidence-based risk selection decisions for commercial fire submissions.

• Submission triage using hazard, values, location and loss-history criteria
• Declinature triggers for prohibited occupancies and unacceptable protections
• Referral criteria for high values, poor protection and complex processes
• Underwriting file evidence supporting acceptance terms and pricing decisions
• Renewal reviews comparing expiring terms, claims and changed exposures
• Risk scoring matrices for consistent submission prioritisation

Participants can interpret risk survey evidence and translate findings into underwriting actions.

• Survey scope, inspection triggers and report quality requirements
• Reading risk-engineering reports for material fire hazard indicators
• Recommendation grading by severity, urgency and loss-prevention value
• Converting survey findings into warranties, endorsements and improvement plans
• Follow-up evidence required before removing underwriting restrictions
• Survey exceptions escalated through underwriting authority procedures

Participants can assess the principal physical factors driving fire loss potential.

• Occupancy classifications for manufacturing, warehousing, retail and hospitality risks
• Construction materials, compartmentation and fire-resistance performance assessed
• Protection systems including sprinklers, alarms and hydrant arrangements
• External exposures from adjacent properties, utilities and shared sites
• Combustible storage, dust, flammable liquids and hot-work controls
• COPE analysis documented within an underwriting risk assessment

Participants can test declared values and set appropriate material damage and interruption limits.

• Replacement cost, market value and reinstatement basis distinguished
• Building valuations checked against floor area and construction costs
• Plant, machinery, stock and contents values tested separately
• Business interruption gross profit calculations and indemnity periods
• Maximum foreseeable loss assumptions for multi-location insureds
• Underinsurance indicators identified through values-at-risk reconciliation

Participants can construct technical prices using exposure, loss cost and expense assumptions.

• Expected loss pricing from frequency, severity and exposure assumptions
• Burning cost calculations using adjusted historical claims data
• Experience rating for credible insured and portfolio loss histories
• Rate adequacy tests against expenses, commissions and target margins
• Deductible credits and limit factors applied to base rates
• Technical premium compared with market price and underwriting judgement

Participants can identify, measure and control accumulation within a fire portfolio.

• Accumulation definitions for single sites, zones and connected risks
• Location schedules aggregated by postcode, industrial estate and municipality
• Common-cause losses arising from utilities, neighbours and supply chains
• Concentration limits set by peril, territory and occupancy class
• Scenario analysis for warehouse clusters and industrial park fires
• Accumulation breaches reported with proposed underwriting actions

Participants can apply maximum-loss measures to support underwriting and reinsurance decisions.

• Probable Maximum Loss assumptions for commercial property locations
• Estimated Maximum Loss calculations using fire spread scenarios
• Maximum Foreseeable Loss compared with PML and EML measures
• Catastrophe perils interacting with fire, explosion and business interruption
• Event footprints used to test exposed locations and values
• Model limitations, data uncertainty and expert judgement documented

Participants can determine when facultative reinsurance is appropriate and prepare submission information.

• Facultative triggers based on values, hazard and treaty exclusions
• Reinsurance submission packs containing surveys, values and loss history
• Quota share, surplus and excess layers compared
• Retention selection linked to underwriting authority and capital appetite
• Facultative premium impact incorporated into technical pricing
• Reinsurer information requirements managed before binding high-hazard risks

Participants can assess how treaty structures protect a fire portfolio from retained losses.

• Proportional treaty mechanics for fire portfolio risk sharing
• Per-risk excess of loss structures and attachment points
• Catastrophe excess layers for aggregated property loss events
• Treaty limits tested against portfolio PML and accumulation results
• Reinstatement provisions and aggregate deductibles assessed
• Cession reporting and treaty compliance controls established

Participants can use claims information to improve fire underwriting and portfolio actions.

• Claims coding standards for cause, occupancy and loss component
• Frequency and severity trends analysed by portfolio segment
• Large-loss reviews separating coverage, valuation and hazard drivers
• Incurred but not reported considerations for recent policy years
• Claims leakage and settlement patterns affecting loss ratio interpretation
• Closed-claim lessons translated into underwriting rules and survey priorities

Participants can prioritise loss-prevention actions that improve portfolio risk quality.

• Fire protection recommendations ranked by expected loss reduction
• Sprinkler impairment controls and inspection documentation requirements
• Housekeeping, ignition-source and hot-work permit controls reviewed
• Business continuity plans tested for property damage scenarios
• Risk improvement milestones linked to renewal terms and pricing
• Non-compliance escalation procedures for overdue critical recommendations

Participants can interpret profitability indicators and identify emerging portfolio deterioration.

• Gross, net and ceded loss ratios calculated consistently
• Combined ratio components linked to underwriting and acquisition costs
• Accident-year, underwriting-year and calendar-year views compared
• Large-loss normalisation methods for performance trend interpretation
• Reserve development signals identified from claims payment patterns
• IFRS 17 insurance revenue and service result basics

Participants can establish governance controls for consistent fire portfolio decision-making.

• ISO 31000 principles applied to underwriting risk control
• Authority matrices aligned with values, hazards and referral thresholds
• File audits testing documentation, pricing and survey compliance
• Underwriting exceptions logged, approved and monitored through closure
• Conduct risk considerations in broker relationships and renewals
• Management information controls for timely portfolio escalation

Participants can manage broker and distribution performance without weakening underwriting standards.

• Broker scorecards combining volume, loss ratio and data quality
• Submission quality standards agreed with intermediary partners
• Commission structures assessed against profitability and retention outcomes
• Appetite guides communicated through broker-facing underwriting criteria
• Renewal pipeline reviews identifying capacity and referral requirements
• Distribution concentrations monitored by broker, geography and industry

Participants can develop remedial actions for underperforming fire portfolio segments.

• Remediation triggers based on loss ratios, rates and accumulation
• Rate corrections prioritised using technical price gap analysis
• Terms tightening through deductibles, limits and risk-improvement conditions
• Non-renewal decisions supported by documented portfolio rationale
• Target segment plans balancing growth, profitability and capacity
• Renewal action trackers assigned to owners and decision dates

Participants can produce decision-ready reports for underwriting and reinsurance governance forums.

• Portfolio dashboards presenting exposure, rate, loss and accumulation indicators
• Management commentary separating facts, assumptions and recommended decisions
• Traffic-light thresholds applied to risk appetite and performance measures
• Monthly portfolio packs structured for underwriting committee review
• Reinsurance renewal reports linking exposure changes to programme needs
• Data limitations and decision risks disclosed clearly

Participants can build, review and present a complete fire portfolio management plan with underwriting, pricing, accumulation, reinsurance and remediation recommendations.

• Portfolio dataset reviewed for exposure quality, concentration and performance issues
• Risk segments prioritised using COPE, claims and technical pricing evidence
• PML and EML results incorporated into retention recommendations
• Reinsurance structure assessed against portfolio accumulation and capital constraints
• Remediation plan specifies rate, terms, surveys and renewal actions
• Management pack presented with assumptions, decisions and implementation milestones