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Introduction to Business Interrutpion Insurance

Start Date: 07 March 2017
End Date: 08 March 2017
Location: ACAL

ACAL in collaboration with Ms. Liliane Baaklini is conducting a new training seminar on “ Introduction to Business Interruption Insurance” which will take place on the 7th & 8th of March 2017 between 01:30 and 5:00 PM in ACAL premises.

 

By the end of the workshop, participants will be able to:

 

1)     Define Business Interruption Insurance, its purpose and main features

2)     Understand BI terminology (Turnover, Variable charges, Standing charges, Net Profit, Gross Profit, Rate of Gross Profit, Reduction in Turnover, Annual Turnover, Standard Turnover, ICoW & Economic Limit, Indemnity Period and Maximum Indemnity Period, trends adjustment)

3)     Understand the difference between Increased Cost of working and Additional Increase in Cost of Working, Traditional BI and Declaration-Linked BI, Loss of Gross Profit and Loss of turnover/fees/loss of revenue/gross earning insurance

4)     Learn how to calculate the Gross Profit based on company accounts

5)     Learn how to set the indemnity period

6)     Learn the basics of calculating a claim settlement

7)     Interpret additional clauses such as Premium adjustment clause, Alternative Trading clause, Payment on account clause, Accumulated Stock clause,.

8)     Get a brief overview on Contingent Business Interruption extension and clauses (denial of access, suppliers and customers)

Who should participate?

Junior underwriters, underwriting assistants, junior claims personnel, sales, distribution and account executive staff in insurance companies and brokerage firms.

 

With 18 years’ experience in the Insurance Industry, Ms. Liliane Baaklini is the Managing Director of LEBA Group SARL, a consulting firm offering services focused primarily on the technical aspect of the operations within insurance companies and brokerage firms. Liliane is also currently teaching CII courses for certification in collaboration with LGU. 

Her previous experience includes managerial positions at Libano-Suisse SAL where she was Head of Research and Development and at Zurich Insurance where she held the role of Underwriting Manager.  
She holds a BA in Public Relations and Publicity from the Faculty of Information and Documentation and is an Associate of the Chartered Insurance Institute. - UK

 

Members interested in attending this training program are kindly requested to register before March 6.

 

The cost for this training program is 150 Dollars U.S. per participant.

 

 

 

Participants

Name Position Company Country
chadi naaman abou rjeilyAssistant VIce PresidentCCR ReLebanon
ELIE MANSOUR AOUNUNDERWRITING ASSISTANTLA PHENICIENNE SALLebanon
Fadi Riad HarbAssistant ManagerBurgan Insurance Co.Lebanon
Roula Samir DaherSenior Property & Casualty UnderwriterUFALebanon
Ghina Omar OstaSenior Property & Casualty UnderwriterUFALebanon
Elie Fouad SalehAccount ExecutiveLIA InsuranceLebanon
Roland Emile El HelouClaims department ManagerLIA InsuranceLebanon
Elie Milad BechaalanyClaims OfficerLIA InsuranceLebanon
Sanaa Salman ChiriHead of General ServicesFirst National Bank salLebanon
Farah Jamal ShakerClaims' OfficerArab Reinsurance CompanyLebanon
Rayssa Salim ChehabSenior Claims' OfficerArab Reinsurance CompanyLebanon
Bassam Mohamad DiabUnderwriter, Technical DepartmentArab Reinsurance CompanyLebanon
Dolly Samy SaabGeneral Insurance Senior OfficerADIRLebanon
Jihane Mekhael NassarGeneral Insurance SupervisorADIRLebanon
Maria Walid KhalifehGeneral UnderwriterCumberland Insurance & Reinsurance Company sa.l.Lebanon
Nadine Gaby KhazenSenior Non - Medical UnderwriterCumberland Insurance & Reinsurance Company s.a.lLebanon
Pamela Joseph Abi AadREinsurance OfficerAssurex Insurance & ReinsuranceLebanon
Nancy Tanios KaddoumReinsurance OfficerAssurex Insurance & ReinsuranceLebanon
Sandra Salem BaakliniUnderwriter, Proeperty & CasualtyAssurex Insurance & ReinsuranceLebanon
Rita Michel SaidUnderwriter, Property & CasualtyAssurex Insurance & ReinsuranceLebanon
Ramy Hanna TradFire and other underwriterLibano-Suisse Insurance CompanyLebanon
Madeleine Abdo Abdel AhadUnderwriterLibano-Suisse Insurance CompanyLebanon
Jessica Simon Abi NajemUnderwriterLibano-Suisse Insurance CompanyLebanon
Mary Chukrallah CharbineFire and other underwriterLibano-Suisse Insurance CompanyLebanon
Pamela Georges HélouGeneral Insurance Claims OfficerLibano-Suisse Insurance CompanyLebanon
Guitta Raymond KaramReinsurance Chief OfficerLibano-Suisse Insurance CompanyLebanon
Tarek Adnan BarbourSenior General UnderwriterArope InsuranceLebanon
fadi fouad bekdacheManagerlebanonLebanon
Fady Antoine ShalhoubMANGER-CLA -Haret SakherCREDIT LIBANAIS D'ASSURANCES ET DE REASSURANCES SALLebanon
MIREILLE ELIAS YAZBECKHEAD OF UNDERWRITING - NON LIFE DEPCREDIT LIBANAIS D'ASSURANCES ET DE REASSURANCES SALLebanon
Janet M El GhoulDeputy Assistant ManagerSloop Insurance Brokerage firm sarlLebanon
Lama M Abou AmmouGeneral Business DepartmentSloop Insurance Brokerage firm sarlLebanon
Marc Pierre KHOURYSenior ClaimsAXA MIDDLE EAST SALLebanon
Yasmine Sami EL ASMARTechnical ManagerAXA MIDDLE EAST SALLebanon
Jihane Joseph ZakhiaP & C ManagerAXA MIDDLE EAST SALLebanon