ProgCalendar2019 PDF

NURTURING
ASIA’S
BEST
PROGRAMME CALENDAR
2019
pg
02 January
PROGRAMMES
Risk Management Fee (S$)
21, 22, 24, 25 & 28 January Singapore-Based Participant

After 50% FTS Funding
$604.55
$322.05
Mon, Tue, Thu, Fri & Mon | Intermediate After 90% FTS* Funding $96.05
It aims to provide candidates with the knowledge of the application of key risk Overseas Participant $565.00
management principles and practices to a variety of practical situations. It highlights
the risk identification and the prioritisation processes, as well as the methods of risk
assessment and analysis. Concepts such as risk controlling techniques, risk transfer
and financing options, as well as methods of risk monitoring and review, will also
provide a better understanding of risk management.
February
PROGRAMMES
Claims Management Fee (S$)
18, 19, 20 & 21 February | Mon, Tue, Wed & Thu | Intermediate Singapore-Based Participant
$417.30
$222.30
It aims to provide candidates with the knowledge to develop and enhance After 90% FTS* Funding $66.30
professionalism and skills in managing general insurance claims. It surveys the claims
environment, examines the legal and contractual principles in claims management, Overseas Participant $390.00
claimant services management, and investigates causes of claims disputes and
managing the disputes. It discusses the principles and practices of claims cost
management, followed by practical application of the knowledge to property and
liability insurance.
March
PROGRAMMES
Fundamentals Of Personal General Insurance Fee (S$)
18 & 19 March | Mon & Tue | Introductory Member (M)

After 50% FTS Funding (M)
$321.00
$171.00
The 2-day course aims to provide participants with the essential knowledge and After 90% FTS* Funding (M) $51.00
understanding of the main personal lines of general Insurance products available to
individual and families. Such insurance products include Private Motor Car Insurance, Non-member (NM) $353.10
Personal Property Insurance, Personal Accident Insurance, Travel Insurance, Foreign After 50% FTS Funding (NM) $188.10
Domestic Worker Insurance and Hospital Cash Insurance. After 90% FTS* Funding (NM) $56.10
Overseas Participant $330.00
Reinsurance Contract Certainty Workshop Fee (S$)
20 March | Wed | Intermediate Member (M)

$329.56
$175.56
In the past, a “deal now, details later culture” was prevalent in the international After 90% FTS* Funding (M) $52.36
insurance and reinsurance markets. This resulted in costly litigation, financial and
reputational risk for insurance buyers, intermediaries and insurers. Non-member (NM) $362.52
This intensive 1-day workshop covers the fundamentals of contract certainty as After 50% FTS Funding (NM) $193.12
applicable to reinsurance contracts. Clarity for both insurer and reinsurer on the terms After 90% FTS* Funding (NM) $57.60
and conditions of the reinsurance policy prior to inception/renewal will be addressed.
They will examine and assess the contract certainty of sample reinsurance contracts
through actual case studies culminating in hands-on contract vetting exercises.
(M): Member Company Financial Training Scheme (FTS)

(NM) : Non-Member Company * 90% FTS Funding is only for Singaporean 40 years old and above. Please refer to page 19 for more
(O) : Overseas Participant information on FTS Funding.
Online registration and more details of these programmes are available at www.scicollege.org.sg
Maritime Cluster Fund (MCF)
MCF Training Grant is available for eligible participants. Please refer to www.mpa.gov.sg/mcf for
information.
pg
03 March
PROGRAMMES
Fundamentals Of Commercial General Insurance Fee (S$)
27, 28 & 29 March | Wed, Thu & Fri | Introductory Member (M)
$481.50
$256.50
The 3-day course aims to equip participants with essential knowledge and understanding After 90% FTS* Funding (M) $76.50
of the main commercial general Insurance products available to businesses and
commercial enterprises. Such insurance products include Fire Insurance, Theft Non-member (NM) $529.65
Insurance, Commercial Special Risks Insurance, Business Interruption Insurance, Work After 50% FTS Funding (NM) $282.15
Injury Compensation Insurance, Public Liability Insurance, Professional Indemnity After 90% FTS* Funding (NM) $84.15
Insurance, Director’s & Officer’s Liability Insurance, Commercial Motor Insurance,
Marine Insurance, Construction & Engineering Insurance, Fidelity Guarantee Insurance,
Credit Insurance, Insurance Bonds and Group Personal Accident Insurance.
April
PROGRAMMES
Insights Into Motor Insurance Claims Fee (S$)
1 April | Mon | Intermediate Member (M)

$329.56
$175.56
The 1-day programme seeks to equip practitioners with a better understanding After 90% FTS* Funding (M) $52.36
of contractual obligations binding the insured and the insurer in a typical motor
insurance policy. Important policy terms and conditions and what these mean will be Non-member (NM) $362.52
explained. There will also be case study examples to demonstrate how these apply, After 50% FTS Funding (NM) $193.12
including an example of a court award and basis of the judgement. After 90% FTS* Funding (NM) $57.60
The programme will also help participants to gain practical insights into claims
procedures that will help them to be more effective, and to provide a more positive
customer experience when handling a claim.
Business And Economics Fee (S$)
1, 2, 4 & 5 April | Mon, Tue, Thu & Fri | Intermediate Singapore-Based Participant
$417.30
$222.30
It aims to equip candidates with a deeper understanding of the interconnectivity After 90% FTS* Funding $66.30
between insurance and economics. Beginning with a macroperspective of the global
economic structures and the roles that insurance plays globally as well as in Singapore. Overseas Participant $390.00
It also deals with economic theories and concepts such as demand and supply,
competition, unemployment, inflation, monetary and fiscal policies, as well as balance
of payments, and their application in the insurance context. In addition, it highlights
topical business issues such as business ethics, corporate social responsibility,
corporate governance, and risk management. Financial aspects of business such as
financing, budgetary controls, and management accounting are also covered.
Underwriting Of Group Employee Benefits Insurance Fee (S$)
4 & 5 April | Thu & Fri | Intermediate Member (M)

$812.13
$432.63
This 2-day programme aims to provide participants with a firm foundation to After 90% FTS* Funding (M) $129.03
underwrite Group Employee Benefits Insurance. It also aims to enable marketing
personnel, brokers and other intermediaries to be more effective in developing Non-member (NM) $893.34
and retaining their employee benefits prospects by rendering them the appropriate After 50% FTS Funding (NM) $475.89
technical advice. Employers will also find this programme useful in enhancing their After 90% FTS* Funding (NM) $141.93
understanding of Employee Benefits Insurance.

information.
pg
04 April
PROGRAMMES
Legal Issues In Work Injury Compensation Act (WICA) Claims Fee (S$)
5 April | Fri | Intermediate Member (M)

$329.56
$175.56
In Singapore, an employee who is injured in a work related accident, namely one After 90% FTS* Funding (M) $52.36
arising out of and in the course of his employment, has two avenues for seeking
redress – either under a “Statutory” claim under the Work Injury Compensation Act Non-member (NM) $362.52
(Cap. 354) [WICA] or a “Common Law” claim. This programme will provide participants After 50% FTS Funding (NM) $193.12
with a basic to intermediate knowledge of these two avenues. After 90% FTS* Funding (NM) $57.60
The “Nuts & Bolts” Of Treaty Reinsurance: Fee (S$)

Proportional Treaty Reinsurance Member (M) $1,279.72
After 50% FTS Funding (M) $681.72
8 & 9 April | Mon & Tue | Intermediate After 90% FTS* Funding (M) $203.32
Reinsurance may be a relatively simple concept to grasp. However, at the operational Non-member (NM) $1,407.69
level, some of its practices and technicalities can be quite complex and difficult to After 50% FTS Funding (NM) $749.89
comprehend. This is at least to the uninitiated, or those still new to reinsurance. After 90% FTS* Funding (NM) $223.65
Through lectures, case studies and discussions conducted during this 2-day
programme, participants will be equipped with detailed technical and practical Overseas Participant $1,315.60
knowledge of how the different types of Proportional Reinsurance Treaties can be
structured and used in the reinsurance market and most importantly, the thought
processes behind such practices.

Non-Proportional Treaty Reinsurance Member (M) $1,870.36
10, 11 & 12 April | Wed, Thu & Fri | Intermediate After 90% FTS* Funding (M) $297.16
Although many insurers in Asia still place their core reinsurance on a Proportional Non-member (NM) $2,057.40
basis, there is a continuing global trend towards the use of Non-Proportional After 50% FTS Funding (NM) $1,096.00
Reinsurance, whether on a Facultative or Treaty basis. Through practical exercises After 90% FTS* Funding (NM) $326.88
and lectures during this 3-day programme, participants will acquire detailed technical
and practical knowledge of how the different forms of Non-Proportional Reinsurance Overseas Participant $1,922.80
can be structured and used in the reinsurance market, and most importantly, the
thought processes behind such practices.
Understanding Singapore Motor Fee (S$)

Insurance Principles & Practices Member (M) $541.42
11 & 12 April | Thu & Fri | Introductory After 90% FTS* Funding (M) $86.02
This 2-day course provides a comprehensive in-depth study of the main provisions of Non-member (NM) $595.56
the Motor Vehicles (Third-Party Risks and Compensation) Act, as well as the structure After 50% FTS Funding (NM) $317.26
and practices of the Motor Insurance industry in Singapore. After 90% FTS* Funding (NM) $94.62
Marine Hull: Understanding Vessels And Insuring Them Fee (S$)
15 April | Mon | Intermediate Member (M)

After 50% MCF Grant (M)
$529.65
$282.15
Ships and vessels present significant risks and learning how to assess and insure the
physical damage, business interruption (Loss of Hire) and third-party liability aspects Non-member (NM) $582.62
of such risks is vital for Marine Hull insurance practitioners. After 50% MCF Grant (NM) $310.37
This 1-day programme covers the above aspects in addition to the essential coverage Overseas Participant $544.50
afforded by Marine Hull insurance covers. It shall examines how Hull insurance and
Protection & Indemnity (P&I) fit together to provide seamless coverage. It will also
address the types of claims that might occur and how they should be handled to
provide an expeditious settlement.

information.
pg
05 April
PROGRAMMES
Reinsurance Contract Treaty Wordings Fee (S$)
15 & 16 April | Mon & Tue | Intermediate Member (M)

$1,279.72
$681.72
Reinsurance documentation used nowadays is in many cases substantially After 90% FTS* Funding (M) $203.32
more complex than that used even 5 years ago. Through the use of case studies,
lectures and practical exercises, this 2-day programme aims to equip participants Non-member (NM) $1,407.69
with the confidence and ability to comprehend, prepare and/or check reinsurance After 50% FTS Funding (NM) $749.89
documentation with a more questioning and professional approach. After 90% FTS* Funding (NM) $223.65
Although there will be some discussions on Facultative wordings, e.g. with regard
Overseas Participant $1,315.60
to Contract Certainty and to highlight differences visà-vis Treaty wordings, this
programme will deal mostly with Treaty wordings. Nevertheless, this will be an
excellent programme to cement the participants’ overall knowledge of reinsurance.
Insurance Company Operations Fee (S$)
15, 16, 17 & 18 April | Mon, Tue, Wed & Thu | Intermediate Singapore-Based Participant
$417.30
$222.30
It aims to equip candidates with a good thorough understanding of insurance After 90% FTS* Funding $66.30
company operations, beginning with the typical business structures to the manner
in which insurance companies are managed, with particular focus on the roles and Overseas Participant $390.00
responsibilities of the company’s board of directors and senior management in line
with corporate governance best practices. It highlights the various operational aspects
within the common functional areas of insurance companies, as well as accounting
principles and practices, with the aim of helping to gain a better appreciation of
the various financial statements of insurance companies, and how the various
financial ratios can be derived to provide an indication of an insurance company’s
financial strength. It also highlights the criteria that credit rating agencies apply in
rating insurance companies, as well as the various regulatory solvency requirements
that insurance companies in Singapore must comply with. It also reviews the way
technology and the digital age is changing insurance operations and shaping its future.
Marine Insurance – A Foundation Workshop Fee (S$)
25 & 26 April | Thu & Fri | Introductory Member (M)

$1,224.08
$652.08
This programme focuses on how the maritime shipping world works, the important
shipping documentation involved, specific marine insurance law and why marine Non-member (NM) $1,346.49
insurance is different from all other classes of insurance. It also covers marine After 50% MCF Grant (NM) $717.29
insurance claims matters and gives an overview of the various classes of marine Overseas Participant $1,258.40
insurance. Maritime cyber risks will also be addressed so that participants can
enhance their knowledge and understanding of Marine Insurance.
A Focus On Marine Liabilities Insurance NEW Fee (S$)

$1,224.08
$652.08
This programme focuses on the types of liability and how they may be incurred,
whether under “fault based” or “strict” regimes. It specifically covers the potential Non-member (NM) $1,346.49
liabilities that entities in the commercial maritime industry may incur and the After 50% MCF Grant (NM) $717.29
insurance products designed to protect them. Legal defence covers shall be examined Overseas Participant $1,258.40
in tandem with the accompanying cover for liabilities incurred if such defence fails.
Coverage provided by the mutual P&I Associations shall also be addressed in this
programme.
The Nuts & Bolts Of Property Business Interruption Insurance Fee (S$)

$812.13
$432.63
This 2-day programme is designed for participants who wish to gain an understanding After 90% FTS* Funding (M) $129.03
of how Business Interruption (BI) Insurance is handled from an underwriting and claims
perspective. Participants will learn how to calculate “Reduction in Turnover”, “Rate of Non-member (NM) $893.34
Gross Profit”, “Loss of Gross Profit”, “Increase in Cost of Working” and “Savings”. They After 50% FTS Funding (NM) $475.89
will also gain an understanding of what needs to be considered when performing a loss After 90% FTS* Funding (NM) $141.93
calculation and be able to distinguish between “Addition” and “Difference” methods
of BI Gross Profit determination. The basic underwriting considerations needed in BI
Insurance shall also be examined.

information.
pg
06 May
PROGRAMMES
Managing Reinsurance Claims Fee (S$)
3 May | Fri | Intermediate Member (M)

$406.07
$216.32
Efficient and proactive claims management is increasingly being recognised as a crucial After 90% FTS* Funding (M) $64.52
component of the value provided by reinsurers to the industry. Good claims service
needs to be part of a reinsurer’s strategic corporate objectives and it is necessary Non-member (NM) $446.67
for reinsurance practitioners to keep up with new developments in this area. This After 50% FTS Funding (NM) $237.95
1-day programme focuses on the key current issues and emerging trends in dealing After 90% FTS* Funding (NM) $70.97
with problematic reinsurance claims. Participants will learn about the best practices
that should be adopted by reinsurance professionals to deliver effective and service
driven claims management.
Disputes In Motor Claims Fee (S$)
6 May | Mon | Introductory Member (M)

$329.56
$175.56
All Motor Insurance practitioners, including claims personnel, can benefit from After 90% FTS* Funding (M) $52.36
attending this programme. This programme will cover key areas of the Motor
Insurance policy, specifically Sections 1 and 2, and will highlight important terms and Non-member (NM) $362.52
conditions of the insurance contract, including the roles and obligations of each party. After 50% FTS Funding (NM) $193.12
Participants will better understand the requirements of the MCF (Motor Claims After 90% FTS* Funding (NM) $57.60
Framework) governing various stakeholders, including how relevant legislations are
enforced by the authorities and interpreted by interested parties. The do’s and don’ts
at the location of accident/incident, report filing, submission of Own Damage claims
as well as seeking recoveries for uninsured losses against third party insurers will also
be explained.
The key learning outcome for participants attending this programme is to acquire
deeper insights into why disputes arise in Motor Insurance claims. Through this
programme, participants learn to identify potential problems at the onset to
prevent disputes from arising. With more clarity on the claims process and deeper
understanding of how the contract works, participants can steer a more positive
claims outcome for customers.
Insights Into Claim Fraud Fee (S$)
8 May | Wed | Intermediate Member (M)

$329.56
$175.56
It is reported that insurance fraud accounts for 10% of all incurred claims paid by the After 90% FTS* Funding (M) $52.36
insurance industry each year. In the USA alone, this can amount to tens of billions of
dollars. This 1-day programme will draw participants’ attention to the different types Non-member (NM) $362.52
of claim fraud, by distinguishing between hard fraud and soft fraud. Participants will After 50% FTS Funding (NM) $193.12
also learn the reasons for the rising trend in soft fraud and the prevalent types of soft After 90% FTS* Funding (NM) $57.60
fraud today. With the aid of case studies, the programme will also highlight how soft
fraud can be detected, investigated and tackled.
Fundamentals Of Health Insurance Fee (S$)
15, 16 & 17 May | Wed, Thu & Fri | Introductory Member (M)
$411.95
$219.45
The 3-day course aims to provide participants with an overview of the healthcare After 90% FTS* Funding (M) $65.45
environment in Singapore and equip them with a fundamental understanding of
the various medical insurance covers. In addition, it provides participants with a Non-member (NM) $453.15
foundational knowledge of managed healthcare, healthcare financing, common policy After 50% FTS Funding (NM) $241.40
provisions, health insurance pricing, health insurance underwriting, and financial After 90% FTS* Funding (NM) $72.00
needs analysis, as well as the coverage of Notice No. MAS 120.
Legal Aspects Of Insurance Fee (S$)
21, 22, 23, 24 & 27 May Singapore-Based Participant

$604.55
$322.05
Tue, Wed, Thu, Fri & Mon | Intermediate After 90% FTS* Funding $96.05
It aims to provide candidates with a firm foundation of the law and the various legal Overseas Participant $565.00
concepts as they apply in insurance practice. It also highlights the application of the
various legal concepts and contractual terms with regard to insurance claims, such as
indemnity, subrogation and contribution; as well as the application and operation of
the law of agency in the insurance context.

information.
pg
07 May
PROGRAMMES
Overview Of Property Insurance Fee (S$)
23 May | Thu | Introductory Member (M)

$329.56
$175.56
underwrite various classes of property insurance including fire, theft, plate glass,
electronic equipment and commercial all risks insurance in addition to handling claims Non-member (NM) $362.52
relating to these classes of business. It also aims to enable marketing personnel, After 50% FTS Funding (NM) $193.12
brokers and other intermediaries to be more effective in developing and retaining After 90% FTS* Funding (NM) $57.60
their commercial general insurance prospects by rendering them the appropriate
technical advice and claims handling service.
Directors’ & Officers’ Liability Insurance Fee (S$)
23 & 24 May | Thu & Fri | Intermediate Member (M)

$812.13
$432.63
This 2-day programme will provide participants with a strong foundation in Directors’ After 90% FTS* Funding (M) $129.03
and Officers’ (D&O) Liability Insurance.
This programme will enable participants to gain an overview of the market for D&O Non-member (NM) $893.34
Insurance, explain the insuring clauses, policy conditions, exclusions and extensions, After 50% FTS Funding (NM) $475.89
as well as identify risk exposures. Key topics include an overview of the D&O Liability After 90% FTS* Funding (NM) $141.93
Insurance policy.
Understanding Motor Car Construction & Fee (S$)

Accident Repair From A Claims Perspective Member (M) $329.56
24 May | Fri | Intermediate After 90% FTS* Funding (M) $52.36
Through classroom lectures and a site visit, participants will gain pertinent knowledge Non-member (NM) $362.52
of motor car mechanisms that will help to enhance their customer service effectiveness After 50% FTS Funding (NM) $193.12
when dealing with Motor Insurance claims. After 90% FTS* Funding (NM) $57.60
Fundamentals Of Reinsurance Fee (S$)
27, 28 & 29 May | Mon, Tue & Wed | Introductory Member (M)
$529.65
$282.15
The 3-day course aims to provide participants with a fundamental knowledge of the After 90% FTS* Funding (M) $84.15
functions and the fundamental principles of reinsurance, the terms and concepts
as reflected in the various types of treaty accounts documents, the concept and Non-member (NM) $582.62
functions of life reassurance, the various forms of reinsurance and their application. After 50% FTS Funding (NM) $310.37
It also describes the characteristics, advantages and disadvantages of different forms After 90% FTS* Funding (NM) $92.57
of reinsurance arrangement and the common treaty clauses in proportional and non-
proportional treaties. The application of such clauses shall also be covered in this
course.
Professional Indemnity Exposures For Insurance Brokers Fee (S$)
30 May | Thu | Intermediate Member (M)

$329.56
$175.56
This 1-day programme is designed to help insurance brokers and other intermediaries After 90% FTS* Funding (M) $52.36
to acquire a strong grounding in Professional Indemnity Insurance, and have a greater
appreciation of the PI exposures which are unique to the insurance broking profession. Non-member (NM) $362.52
It will examine the legal framework underpinning the duties and responsibilities of After 50% FTS Funding (NM) $193.12
professionals such as insurance brokers, and address topics and issues relating to the After 90% FTS* Funding (NM) $57.60
underwriting of PI Insurance, including pricing, policy coverage, terms and conditions.
Participants will acquire practical tips and techniques on mitigating their PI exposures
through the various case studies and scenarios.

information.
pg
08 June
PROGRAMMES
10 & 11 June | Mon & Tue | Introductory Member (M)

$321.00
$171.00
Domestic Worker Insurance and Hospital Cash Insurance After 90% FTS* Funding (NM) $56.10
Marine Cargo Policy Wordings: A Practical Perspective Fee (S$)
11 & 12 June | Tue & Wed | Intermediate Member (M)

$1,224.08
$652.08
This 2-day practical programme involves a detailed review of the Marine Cargo
Insurance policy, including open covers coupled with an analysis of the commonly Non-member (NM) $1,346.49
used standard Institute Cargo Clauses. Specialist trade clauses will also be examined After 50% MCF Grant (NM) $717.29
during this course. The English Institute Clauses shall be the basis for the analysis Overseas Participant $1,258.40
and discussion during this programme. Participants will consider various additional
clauses and wordings that underwriters can use and have a deeper understanding
of their effect on coverage. The programme will focus on the practical issues in
determining what is being insured and why certain clauses have been developed.
Practical exercises will allow the participants to consider how they would apply certain
principles of Marine Cargo Insurance in practice.
Marine Cargo & Freight Insurance Claims NEW Fee (S$)
13 & 14 June | Thu & Fri | Intermediate Member (M)

$1,224.08
$652.08
The handling and adjustment of Marine Cargo and Freight Insurance claims can be
complex and challenging. This 2-day intensive programme will enable participants to Non-member (NM) $1,346.49
apply the relevant advanced technical knowledge to handle Marine Cargo and Freight After 50% MCF Grant (NM) $717.29
Insurance Insurance claims effectively. Participants will learn to apply the scope Overseas Participant $1,258.40
and coverage of Marine Cargo Insurance policies, and evaluate the various policy
conditions, extensions and exclusions therein in the adjustment of such claims. They
will also understand and be able to apply policy excess, salvage, general average and
other insurance relevant clauses in claims settlements. Case studies will be shared to
enhance participants’ understanding of this subject matter.
Understanding Construction Insurance Risks And Claims Fee (S$)
17 & 18 June | Mon & Tue | Intermediate Member (M)

$812.13
$432.63
This 2-day programme is designed to equip participants with a strong grounding and After 90% FTS* Funding (M) $129.03
understanding of the technical aspects of engineering and construction risks, as they
apply to insurance. The knowledge acquired will guide participants in the assessment Non-member (NM) $893.34
and underwriting of construction risks, as well as the handling and evaluation of such After 50% FTS Funding (NM) $475.89
claims. After 90% FTS* Funding (NM) $141.93
Apart from lectures, case studies, discussions and interactions, there will be an
opportunity for participants to make a site visit to an appropriate construction site.
This will enable them to appreciate construction issues better from a practical point
of view
17, 18 & 19 June | Mon, Tue & Wed | Introductory Member (M)
$481.50
$256.50

information.
pg
09 June
PROGRAMMES
A Practical Understanding Of Cyber Fee (S$)

Insurance Risk Management Member (M) $812.13
19 & 20 June | Wed & Thu | Intermediate After 90% FTS* Funding (M) $129.03
There has been much discussion recently on cyber risk exposures faced by enterprises Non-member (NM) $893.34
and their related risk management solutions. Cyber Insurance is definitely one of After 50% FTS Funding (NM) $475.89
the key solutions in addressing such risks. However, do we really understand Cyber After 90% FTS* Funding (NM) $141.93
Insurance as it is now?
This programme covers the nature of cyber risks, trends and issues around the globe Overseas Participant $834.90
and examines the Cyber Insurance market in detail, including market trends, policy
coverages, underwriting, claims, cyber-related vendor service, e.g. pre-loss and post-
loss service reviews. It also examines the factors to be considered when looking for
Cyber Insurance solutions.
21 June | Fri | Intermediate Member (M)

$329.56
$175.56
Introduction To Enterprise Risk Management Fee (S$)
24 & 25 June | Mon & Tue | Introductory Member (M)

$812.13
$432.63
This 2-day programme covers the latest update to the Enterprise Risk Management After 90% FTS* Funding (M) $129.03
Framework which aims to help organisations improve the way they identify, evaluate,
manage risk and seize opportunities in achieving their strategy by encouraging a risk- Non-member (NM) $893.34
conscious corporate culture. Guidance (including useful references on commonly After 50% FTS Funding (NM) $475.89
used ERM frameworks and templates) will also be provided to enable participants to After 90% FTS* Funding (NM) $141.93
help their organisations establish a formal ERM process, as well as respond to and
manage risks in a more effective and efficient manner.
Fundamentals Of Upstream And Fee (S$)

Offshore Energy Insurance NEW Member (M) $406.07
28 June | Fri | Introductory After 90% FTS* Funding (M) $64.52
This course requires no prior knowledge of the Oil & Gas sector or related insurances. Non-member (NM) $446.67
It gives an overview of the Exploration, Development and Production phases of an oil/ After 50% FTS Funding (NM) $237.95
gas reservoir and the related risks for Oil Companies & Contractors and insurances After 90% FTS* Funding (NM) $70.97
available. The module is useful for those beginning a career in upstream energy
insurance and those requiring a broad understanding of the principles and practices Overseas Participant $417.45
of upstream energy insurance.

information.
pg
10 July
PROGRAMMES
Underwriting Project Cargo Insurance Fee (S$)
1 & 2 July | Mon & Tue | Intermediate Member (M)

$812.13
$432.63
This 2-day programme covers the underwriting of Project Cargo Insurance (including
DSU/ALOP). Inception-feasibility studies including but not limited to site/locations and Non-member (NM) $893.34
feasibility of transporting complex prototype heavy equipment - to its final positioning After 50% MCF Grant (NM) $475.89
and testing will be dealt with exhaustively during this programme. Overseas Participant $834.90
Detailed information will be shared relating to the full aspects of understanding and
formulating a cargo programme for cargo material damage in Section 1 and DSU/
ALOP in Section 2 of the policy. The underwriting, risk management (monitoring of the
critical items) and claims aspects will be deliberated.
Key Emerging Liability Risks - Underwriting & Claims Fee (S$)
3 & 4 July | Wed & Thu | Intermediate Member (M)

$812.13
$432.63
In recent times, the world has changed dramatically, resulting in new and a greater After 90% FTS* Funding (M) $129.03
variety of emerging risks to businesses and consumers. This 2-day programme will
outline the legal liability exposures that could arise from economic growth and Non-member (NM) $893.34
productivity while examining whether current Liability Insurance underwriting and After 50% FTS Funding (NM) $475.89
claims capabilities are adequate to handle them. It specifically covers the underwriting After 90% FTS* Funding (NM) $141.93
and claims aspects of key emerging liability risks.
The Art Of Reinsurance Management Fee (S$)
3, 4 & 5 July | Wed, Thu & Fri | Intermediate Member (M)

$1,218.20
$648.95
This 3-day intensive programme aims to equip participants in the practical aspects After 90% FTS* Funding (M) $193.55
of Reinsurance. It will cover how proportional and non-proportional reinsurance
treaty businesses are conducted and will examine the application of legal principles Non-member (NM) $1,340.01
governing the contracts (and clauses) of reinsurance. After 50% FTS Funding (NM) $713.84
Detailed strategies involved in placing and designing outward reinsurance and After 90% FTS* Funding (NM) $212.90
underwriting inward reinsurance shall also be covered.
Freight & Transport Liabilities Fee (S$)

- Managing Risks & Liabilities On The Move NEW Member (M) $812.13
After 50% MCF Grant (M) $432.63
8 & 9 July | Mon & Tue | Intermediate Non-member (NM) $893.34
This programme provides participants with a detailed insight of Freight & Transport After 50% MCF Grant (NM) $475.89
Liabilities commonly encountered by entities in the Freight Forwarding and
Marine Transport industry. The changing roles of and liabilities imposed on freight Overseas Participant $834.90
forwarders, bailees and carriers shall be examined in tandem with the scope of cover
and exclusions under the relevant insurance policies available to address such risk
exposures. Participants will learn the methods of managing these risks as well as the
underwriting process in assessing such liabilities from an insurance perspective. Case
studies will be shared to enhance participants’ understanding of these areas.
IFRS & Its Impact On Insurance Fee (S$)
11 July | Thu | Introductory Member (M)

$329.56
$175.56
Insurers are bracing themselves for significant changes to the accounting for insurance After 90% FTS* Funding (M) $52.36
contracts under IFRS 17 Insurance Contracts. While the change is still a number of
years away, insurers are already starting to get themselves ready. In addition, the Non-member (NM) $362.52
accounting for the assets side of an insurer’s balance sheet will also be undergoing After 50% FTS Funding (NM) $193.12
changes with FRS 109 Financial Instruments. This course will provide an in-depth After 90% FTS* Funding (NM) $57.60
understanding of the requirements of IFRS 17 and their implications to insurers. It
will also provide an overview of FRS 109. Insurance professionals will be able to gain
practical knowledge of the new standards.

information.
pg
11 July
PROGRAMMES
Agriculture Risks: Production, Insurance and Reinsurance NEW Fee (S$)
11 & 12 July | Thu & Fri | Intermediate Member (M)

$1,059.30
$564.30
This two-day programme addresses the insurance schemes and risk management tools After 90% FTS* Funding (M) $168.30
used in protecting the Agriculture Sector on a global basis. Detailed methodologies
used in assessing agriculture risks will be examined. It will cover Agri reinsurance Non-member (NM) $1,165.23
as a complement to Agri insurance, with a focus on the challenges in pricing the After 50% FTS Funding (NM) $620.73
specificities of agriculture risks. A presentation on crop modelling will be incorporated. After 90% FTS* Funding (NM) $185.13
Participants’ understanding and application of these concepts will be enhanced via a
visit to a farm or agricultural producer in Singapore.
Commercial Property And Business Interruption Underwriting Fee (S$)
15, 16, 18, 19 & 22 July Singapore-Based Participant

$604.55
$322.05
Mon, Tue, Thu, Fri & Mon | Intermediate After 90% FTS* Funding $96.05
It aims to provide candidates with the knowledge and skills to assess, as well as Overseas Participant $565.00
underwrite property risks and business interruption in commercial lines. In particular,
it deals with commercial property risks and their management, examines common
causes of loss, surveys, insurance products, and offers guidelines in property
underwriting. It covers various products – such as Fire Insurance, Theft Insurance,
Construction Insurance, Engineering Insurance, and Business Interruption Insurance
– from application, inception to the completion of the underwriting process.

15 & 16 July | Mon & Tue | Intermediate After 90% FTS* Funding (M) $203.32

17, 18 & 19 July | Wed, Thu & Fri | Intermediate After 90% FTS* Funding (M) $297.16
Motor Insurance Claims: Contractual Rights & Obligations Fee (S$)
18 July | Thu | Intermediate Member (M)

$329.56
$175.56
This 1-day programme will provide participants with the necessary knowledge to After 90% FTS* Funding (M) $52.36
effectively manage the Motor Insurance claims process. Participants will also learn
about the information required to support the claim decision-making process. Non-member (NM) $362.52
After 50% FTS Funding (NM) $193.12
After 90% FTS* Funding (NM) $57.60

information.
pg
12 July
PROGRAMMES
Specialist Liability Risks: A Focus On Commercial Crime Fee (S$)

Insurance & Cyber Insurance NEW Member (M) $812.13
22 & 23 July | Mon & Tue | Intermediate After 90% FTS* Funding (M) $129.03
This programme focuses on the underwriting aspects of as well as operative clauses, Non-member (NM) $893.34
provisions, conditions, exceptions and extensions that are contained in the policy After 50% FTS Funding (NM) $475.89
wordings of Commercial Crime Insurance and Cyber Insurance, so that participants After 90% FTS* Funding (NM) $141.93
can enhance their knowledge and understanding of such insurance products. This
programme will also focus on the differences between both these insurance products. Overseas Participant $834.90
Techniques of developing such classes of business and achieving growth in market
share of these products will be covered as well.
Reinsurance Contract Treaty Wordings Fee (S$)
22 & 23 July | Mon & Tue | Intermediate Member (M)

$1,279.72
$681.72
Reinsurance documentation used in 2017 is in many cases substantially more complex After 90% FTS* Funding (M) $203.32
than that used even 5 years ago. Through the use of case studies, lectures and practical
exercises, this 2-day programme aims to equip participants with the confidence and Non-member (NM) $1,407.69
ability to comprehend, prepare and/or check reinsurance documentation with a more After 50% FTS Funding (NM) $749.89
questioning and professional approach. After 90% FTS* Funding (NM) $223.65
Although there will be some discussions on Facultative wordings, e.g. with regard
to Contract Certainty and to highlight differences visà-vis Treaty wordings, this
programme will deal mostly with Treaty wordings. Nevertheless, this will be an
excellent programme to cement the participants’ overall knowledge of reinsurance.
Technical Reinsurance Accounts Fee (S$)
24, 25 & 26 July | Wed, Thu & Fri | Intermediate Member (M)
$1,870.36
$996.36
Reinsurance may be a relatively simple concept to grasp. However, at the operational After 90% FTS* Funding (M) $297.16
level, some of its practices, especially on technical accounts, can be quite complex
and difficult to comprehend. This is at least to the uninitiated, or those still new Non-member (NM) $2,057.40
to reinsurance. Through lectures, exercises and discussions during this 3-day After 50% FTS Funding (NM) $1,096.00
programme, participants will acquire detailed technical and practical knowledge After 90% FTS* Funding (NM) $326.88
of how the technical accounts for Proportional and Non-Proportional Reinsurance
Treaties and Facultative are prepared and processed.
Reinsurance PLUS Fee (S$)
29, 30 & 31 July | Mon, Tue & Wed | Intermediate Member (M)
$1,870.36
$996.36
This 3-day programme primarily aims to provide an opportunity for those involved After 90% FTS* Funding (M) $297.16
in reinsurance to learn, confirm, clarify and expand their reinsurance knowledge. It
works extremely well as a follow-up to our very successful The “Nuts & Bolts” Of Treaty Non-member (NM) $2,057.40
Reinsurance: Proportional & Non-Proportional Reinsurance series of programmes. After 50% FTS Funding (NM) $1,096.00
Considerations of structure and pricing will be an integral part of the programme. In After 90% FTS* Funding (NM) $326.88
addition, participants will learn about how the main classes of insurance may differ
when it comes to reinsurance, e.g. Life and Marine.

information.
pg
13 August
PROGRAMMES
Underwriting Of Group Employee Benefits Insurance Fee (S$)
1 & 2 August | Thu & Fri | Intermediate Member (M)

$812.13
$432.63
underwrite Group Employee Benefits Insurance. It also aims to enable marketing
personnel, brokers and other intermediaries to be more effective in developing Non-member (NM) $893.34
and retaining their employee benefits prospects by rendering them the appropriate After 50% FTS Funding (NM) $475.89
technical advice. Employers will also find this programme useful in enhancing their After 90% FTS* Funding (NM) $141.93
understanding of Employee Benefits Insurance.
Jewellers’ Block Insurance Fee (S$)
5 August | Mon | Intermediate Member (M)

$329.56
$175.56
This 1-day programme will equip participants with an understanding of the Jewellers’ After 90% FTS* Funding (M) $52.36
Block Insurance market and the terminologies associated with it. By understanding
the policy terms, provisions and conditions, participants will gain an insight into the Non-member (NM) $362.52
associated risk exposures, and understand how Jewellers’ Block risks are assessed, After 50% FTS Funding (NM) $193.12
how control measures are put in place and how claims are settled. After 90% FTS* Funding (NM) $57.60
Underwriting & Claims Aspects Of Fee (S$)

Commercial General Liability Insurance Member (M) $812.13
15 & 16 August | Thu & Fri | Intermediate After 90% FTS* Funding (M) $129.03
The demand for Liability Insurance has been growing steadily in the region, in tandem Non-member (NM) $893.34
with economic development and restructuring, and as a result of growing awareness After 50% FTS Funding (NM) $475.89
of consumer rights and corporate accountability. This 2-day workshop will equip After 90% FTS* Funding (NM) $141.93
participants with practical knowledge of General Liability Insurance policy coverage,
including the various liability policy forms and their features. Participants will also Overseas Participant $834.90
learn about the legal foundation on which liability arises, as well as the various
underwriting and claims practices adopted in the key markets.
Property Damage & Business Interruption Claims Fee (S$)
19 & 20 August | Mon & Tue | Intermediate Member (M)

$812.13
$432.63
Claims service is of the utmost importance to every policyholder and insurance/risk After 90% FTS* Funding (M) $129.03
manager.
This 2-day programme provides an insight into the management of property and Non-member (NM) $893.34
business interruption claims with an examination of the respective roles of insurers, After 50% FTS Funding (NM) $475.89
brokers, loss adjusters, forensic accountants, forensic scientists, lawyers, and other After 90% FTS* Funding (NM) $141.93
consultants. Guest speakers from these claims specialists will also share their
knowledge and experience enabling participants to have a varied perspective of such
claims.
Through the use of claims examples via interactive sessions, participants will acquire
a practical knowledge of technical claim principles.
Liability Insurance Underwriting Fee (S$)
19, 20, 21 & 22 August | Mon, Tue, Wed & Thu | Intermediate Singapore-Based Participant
$417.30
$222.30
It aims to provide candidates with a firm understanding of the pertinent knowledge After 90% FTS* Funding $66.30
and skills required in underwriting the various classes of commercial liability insurance
namely, Work Injury Compensation Insurance, Public And Product Liability Insurance, Overseas Participant $390.00
Directors’ And Officers’ Liability Insurance, Professional Indemnity Insurance, as
well as other Specialist Liability Insurance such as Cyber Liability, Product Recall,
Environmental Impairment Liability (EIL) Insurance and Terrorism Liability Insurance.
It also covers Emerging Risks which could have a major impact on society and industry.
It also helps candidates to understand how underwriters evaluate and manage liability
risks, in terms of the information required, the common features of liability policies,
as well as the underwriting management and risk management aspects for a book of
Commercial Liability Insurance business.

information.
pg
14 August
PROGRAMMES
Directors’ & Officers’ Liability Insurance Fee (S$)
22 & 23 August | Thu & Fri | Intermediate Member (M)

$812.13
$432.63
This 2-day programme will provide participants with a strong foundation in Directors’ After 90% FTS* Funding (M) $129.03
and Officers’ (D&O) Liability Insurance.
This programme will enable participants to gain an overview of the market for D&O Non-member (NM) $893.34
Insurance, explain the insuring clauses, policy conditions, exclusions and extensions, After 50% FTS Funding (NM) $475.89
as well as identify risk exposures. Key topics include an overview of the D&O Liability After 90% FTS* Funding (NM) $141.93
Insurance policy.
September
PROGRAMMES
Marine Cargo Insurance: Underwriting, Claims Fee (S$)

& Risk Management In Dry & Liquid Bulk Member (M) $812.13
5 & 6 September | Thu & Fri | Intermediate Non-member (NM) $893.34
In this 2-day programme, participants will have a good understanding of liquid & dry After 50% MCF Grant (NM) $475.89
bulk; its characteristics, its peculiar behaviours and the rigours they go through when
being shipped from origin to destination. The programme will equip participants with Overseas Participant $834.90
the required knowledge in order to better underwrite such goods. The presentations
will also engage participants in claims aspects and risk management.
Participants will have an opportunity to see this class of business through an
underwriter’s and a marine loss control engineer’s eyes. This is particularly valuable
as such engineers have the necessary seafaring experience and are familiar with the
processes involved in the shipment of such cargoes, which puts them in good stead to
perform underwriting and risk management in this area.
Liability Insurance Issues: Civil Liability, Fee (S$)

Negligence, Vicarious And Strict Liability Member (M) $812.13
12 & 13 September | Thu & Fri | Intermediate After 90% FTS* Funding (M) $129.03
This 2-day programme addresses four of the most basic tenets underpinning legal Non-member (NM) $893.34
liabilities i.e. civil liability, negligence, vicarious and strict liability. It covers the history After 50% FTS Funding (NM) $475.89
of the development of such liabilities through case studies and analyses the trend After 90% FTS* Funding (NM) $141.93
in legal decisions arising from recent developments in Singapore, UK and other
jurisdictions. Participants will learn how to apply the relevant legal principles in Overseas Participant $834.90
handling liability insurance from both underwriting and claims handling perspectives.
Brokers will also be better equipped in advising their clients concerning the placement
and design of their liability insurance programmes.
A Practical Understanding Of CAR & EAR Insurance Fee (S$)
16 & 17 September | Mon & Tue | Intermediate Member (M)

$812.13
$432.63
With the emerging economies in Asia back on a growth trend, there are increasing After 90% FTS* Funding (M) $129.03
numbers of large infrastructure development projects cropping up all across the
region. Consequently, the demand for Construction and Engineering-related Insurance Non-member (NM) $893.34
covers has grown steadily in the region. Through lectures and case studies, you will After 50% FTS Funding (NM) $475.89
acquire sound technical knowledge of one of the main Engineering Insurance classes After 90% FTS* Funding (NM) $141.93
to effectively underwrite this class of business. Claims aspects will also be covered
during this 2-day programme.

information.
pg
15 September
PROGRAMMES
Insights Into Motor Insurance Claims Fee (S$)
18 September | Wed | Intermediate Member (M)

$329.56
$175.56
The 1-day programme seeks to equip practitioners with a better understanding After 90% FTS* Funding (M) $52.36
of contractual obligations binding the insured and the insurer in a typical motor
insurance policy. Important policy terms and conditions and what these mean will be Non-member (NM) $362.52
explained. There will also be case study examples to demonstrate how these apply, After 50% FTS Funding (NM) $193.12
including an example of a court award and basis of the judgement. After 90% FTS* Funding (NM) $57.60
The programme will also help participants to gain practical insights into claims
procedures that will help them to be more effective, and to provide a more positive
customer experience when handling a claim.
19 & 20 September | Thu & Fri | Introductory Member (M)

$321.00
$171.00
Domestic Worker Insurance and Hospital Cash Insurance After 90% FTS* Funding (NM) $56.10
Understanding Singapore Motor Fee (S$)

Insurance Principles & Practices Member (M) $541.42
23 & 24 September | Mon & Tue | Introductory After 90% FTS* Funding (M) $86.02
This 2-day course provides a comprehensive in-depth study of the main provisions of Non-member (NM) $595.56
the Motor Vehicles (Third-Party Risks and Compensation) Act, as well as the structure After 50% FTS Funding (NM) $317.26
and practices of the Motor Insurance industry in Singapore. After 90% FTS* Funding (NM) $94.62
25 September | Wed | Intermediate Member (M)

$329.56
$175.56
25, 26 & 27 September | Wed, Thu & Fri | Introductory Member (M)
$481.50
$256.50

information.
pg
16 September
PROGRAMMES
Marine Hull: Understanding Vessels And Insuring Them Fee (S$)
26 September | Thu | Intermediate Member (M)

$529.65
$282.15
Ships and vessels present significant risks and learning how to assess and insure the
physical damage, business interruption (Loss of Hire) and third-party liability aspects Non-member (NM) $582.62
of such risks is vital for Marine Hull insurance practitioners. After 50% MCF Grant (NM) $310.37
This 1-day programme covers the above aspects in addition to the essential coverage Overseas Participant $544.50
afforded by Marine Hull insurance covers. It shall examines how Hull insurance and
Protection & Indemnity (P&I) fit together to provide seamless coverage. It will also
address the types of claims that might occur and how they should be handled to
provide an expeditious settlement.
Underwriting Offshore Energy Insurance Fee (S$)
27 September | Fri | Intermediate Member (M)

$529.65
$282.15
The South-east Asian region is an area rich in oil and gas reserves and this has After 90% FTS* Funding (M) $84.15
consequently spawned the development of a sizeable regional Energy Insurance
market. This 1-day programme is aimed at providing participants with deep practical Non-member (NM) $582.62
insights into this specialist class of insurance, including the scope of the commonly- After 50% FTS Funding (NM) $310.37
offered Offshore Energy Insurance covers. It will also provide an overview of the After 90% FTS* Funding (NM) $92.57
physical and other hazards that need to be considered in underwriting such risks,
as well as an appreciation of how claims arising from such covers are handled and
settled.
October
PROGRAMMES
Disputes In Motor Claims Fee (S$)
7 October | Mon | Introductory Member (M)

$329.56
$175.56
All Motor Insurance practitioners, including claims personnel, can benefit from After 90% FTS* Funding (M) $52.36
attending this programme. This programme will cover key areas of the Motor
Insurance policy, specifically Sections 1 and 2, and will highlight important terms and Non-member (NM) $362.52
conditions of the insurance contract, including the roles and obligations of each party. After 50% FTS Funding (NM) $193.12
Participants will better understand the requirements of the MCF (Motor Claims After 90% FTS* Funding (NM) $57.60
Framework) governing various stakeholders, including how relevant legislations are
enforced by the authorities and interpreted by interested parties. The do’s and don’ts
at the location of accident/incident, report filing, submission of Own Damage claims
as well as seeking recoveries for uninsured losses against third party insurers will also
be explained.
The key learning outcome for participants attending this programme is to acquire
deeper insights into why disputes arise in Motor Insurance claims. Through this
programme, participants learn to identify potential problems at the onset to
prevent disputes from arising. With more clarity on the claims process and deeper
understanding of how the contract works, participants can steer a more positive
claims outcome for customers.

information.
pg
17 October
PROGRAMMES
Insights Into Claim Fraud Fee (S$)
8 October | Tue | Intermediate Member (M)

$329.56
$175.56
It is reported that insurance fraud accounts for 10% of all incurred claims paid by the After 90% FTS* Funding (M) $52.36
insurance industry each year. In the USA alone, this can amount to tens of billions of
dollars. This 1-day programme will draw participants’ attention to the different types Non-member (NM) $362.52
of claim fraud, by distinguishing between hard fraud and soft fraud. Participants will After 50% FTS Funding (NM) $193.12
also learn the reasons for the rising trend in soft fraud and the prevalent types of soft After 90% FTS* Funding (NM) $57.60
fraud today. With the aid of case studies, the programme will also highlight how soft
fraud can be detected, investigated and tackled.
Marine Insurance – A Foundation Workshop Fee (S$)
9 & 10 October | Wed & Thu | Introductory Member (M)

$1,224.08
$652.08
This programme focuses on how the maritime shipping world works, the important
shipping documentation involved, specific marine insurance law and why marine Non-member (NM) $1,346.49
insurance is different from all other classes of insurance. It also covers marine After 50% MCF Grant (NM) $717.29
insurance claims matters and gives an overview of the various classes of marine Overseas Participant $1,258.40
insurance. Maritime cyber risks will also be addressed so that participants can
enhance their knowledge and understanding of Marine Insurance.
Emerging Marine Insurance Issues: Fee (S$)

Including Cyber Risks & Products Updates NEW Member (M) $612.04
11 October | Fri | Intermediate Non-member (NM) $673.24
This 1-day programme focuses on the many risks and ‘headwinds’ that the marine After 50% MCF Grant (NM) $358.64
insurance market is currently facing. Issues covered include maritime piracy updates,
developments of marine insurance law on “proximate cause” following recent legal Overseas Participant $629.20
cases, new international rules (such as the new 2016 York Antwerp Rules) and
convention changes (such as the impending reduction of the cap on Sulphur emissions)
affecting insurance. Maritime cyber risks shall also be examined including common
cyber exclusions and the development of new cyber products to address such risks.

14 & 15 October | Mon & Tue | Intermediate After 90% FTS* Funding (M) $203.32

16, 17 & 18 October | Wed, Thu & Fri | Intermediate After 90% FTS* Funding (M) $297.16

information.
pg
18 October
PROGRAMMES
RBC Framework For Singapore Insurers (Life & Non-Life) Fee (S$)
17 & 18 October | Thu & Fri | Intermediate Member (M)

$812.13
$432.63
Through lectures and discussions, participants will acquire an indepth understanding After 90% FTS* Funding (M) $129.03
of the Risk-Based Capital (RBC) regulatory framework for Singapore insurers, its
scope and objectives, as well as the various constituent components making up the Non-member (NM) $893.34
statutory capital requirements. Participants will also learn to apply the knowledge After 50% FTS Funding (NM) $475.89
to the preparation, checking, compilation and consolidation of the MAS statutory After 90% FTS* Funding (NM) $141.93
returns.
Reinsurance Programme Designing & Buying Fee (S$)
24 & 25 October | Thu & Fri | Intermediate Member (M)

$812.13
$432.63
This is a highly-interactive programme that focuses on property and liability After 90% FTS* Funding (M) $129.03
reinsurance programme design with in-depth coverage of pricing and the key issues
associated with such classes of reinsurance. It also covers Alternative Risk Transfer Non-member (NM) $893.34
(ART) which is increasingly used in the market as a substitute for traditional forms of After 50% FTS Funding (NM) $475.89
reinsurance and provides an insight into the future of reinsurance. After 90% FTS* Funding (NM) $141.93
E-Learning
VIA SCI SKILLS SERVE
Reading & Understanding Insurance Financial Statements: Fee (S$)

E-Learning Approach Singapore-Based Participant $267.50
Insurance professionals today are often expected to read and interpret financial
statements in the normal course of their work, whether this is to better understand
the business operations of their potential clients, or to assess the financial strength
of the insurance and reinsurance entities that they deal with. Through e-learning
mode, insurance professionals, especially those without formal accounting concepts,
terminologies and practices that will enable them to interpret and analyse financial
statements competently and with greater confidence.
Submission Of MAS Returns: E-Learning Approach Fee (S$)

Through e-learning mode, participants will acquire a good understanding of the Singapore-Based Participant $267.50
requirements and be able to prepare the statutory returns required to be submitted to
MAS. This course will comprise the MAS returns relating to the financial performance
of the insurer effective for use from 2019 and also the current risk-based capital
solvency calculations.
Statutory Accounting Principles & Accounting For Insurance Fee (S$)

Contracts: E-Learning Approach Singapore-Based Participant $267.50
Through e-learning mode, participants will acquire a good understanding of the
Singapore Statutory Accounting Principles & Accounting for Insurance Contracts (FRS
39 & FRS 104) that they will apply to workplace situations involving the preparation,
recording, processing, checking, consolidation and/or interpretation of financial
statements and accounts for insurance entities.

information.
pg
19 Adminstrative Information
FOR TECHNICAL TRAINING PROGRAMMES
Registration Policy
Registrations should be made online at www.scicollege.org.sg. Before registering, participants should refer to the “For Whom”
section of the respective Programmes, to ensure that they meet the recommended experience and programme prerequisites.
A good command of English language is essential. The SCI reserves the right to reject any participant who does not meet the
recommended experience and programme prerequisites.
SCI will only confirm the programme and will send a Programme Confirmation E-mail to participants (at the e-mail address as
provided in the Registration Form) once the minimum enrolment for the programme has been met or one month before the
programme commencement date, whichever is earlier, and provided that the full payment has been received. If the programme
is cancelled or postponed, SCI will notify participants by email one month before the programme commencement date.
SCI reserves the right to make changes to the programme details owing to unforeseen circumstances.
Accommodation for Overseas Participants

Overseas participants are required to book the accommodation using the hotel booking form and make the accommodation
payment directly to the hotel.
Overseas participants should book their accommodation and air tickets ONLY after they have received the Programme
Confirmation E-mail from the SCI.
Attendance Policy
Participants must attain a minimum 75% attendance for the programme to be awarded with the Certificate of Attendance (COA).
CPD Hours
CPD hours awarded by SCI are recognised by GIA for fulfilling the CPD requirements set out under the GIA’s Guidelines on
Continuing Professional Development.
Financial Training Scheme (FTS)

The FTS is available to eligible entities at a 50% funding level of programme fees, subject to all eligibility criteria being met.
Singapore Citizens aged 40 years and above are eligible for 90% co-funding of direct training costs, subject to a cap of S$2,000
per participant per programme, with effect from 1 July 2016. FTS claims may be made only for programmes as listed in the
FTS Programme Directory with the specified validity period. For more information, please refer to: https://www.ibf.org.sg/
programmes/Pages/IBF-FTS.aspx
Note: FTS Funding does not apply to overseas-based participants/delegates, as well as ancillary expenses of participants/
delegates, whether they are from Singapore or overseas.

MCF-Manpower is available for the development of manpower, training initiatives and capabilities within the maritime industry.
Accessible to companies and company supported individuals within the maritime sector, the fund focuses on developing and
enhancing the pertinent skills of employees.
SkillsFuture Credit
For a list of SCI’s SkillsFuture Credit programmes, please refer to the SCI website.
Withdrawal / Postponement Policy

Please refer to the SCI website at: https://www.scicollege.org.sg for the respective programmes.

information.
ABOUT
Singapore College of Insurance
The Singapore College of Insurance (SCI) is a not-for-

profit professional training and education body set
up in 1974, as part of Singapore’s efforts to develop
as a financial hub.
For more than 43 years, the SCI has remained focused

in its efforts to upgrade the technical expertise of
insurance and financial services practitioners, and
to provide them with professional advancement
opportunities, through its series of practice-
oriented programmes and internationally-accredited
qualifications. Since the late 1970s, the SCI has also
played the role of an industry examination body to
conduct regulatory examinations for those wishing to
join the financial advisory, life and general insurance
industries.
Since 2009, the SCI has also expanded its role to

include talent development programmes, such as
the Insurance Executive Scholarship Programme
(IESP) and the Insurance Management Associate
Programme (iMAP) that have succeeded in attracting
and placing numerous fresh tertiary talent into the
varied functions in the industry. The SCI was voted the
Asia Insurance Industry Educational Service Provider
of the Year in 1997, 2001, 2007, 2016 and 2018. It
has international links with professional bodies,
such as The Chartered Insurance Institute (CII), The
Chartered Institute of Loss Adjusters (CILA), The
American College (TAC), The Life Office Management
Association (LOMA), LIMRA and The Australia and
New Zealand Institute of Insurance and Finance
(ANZIIF) as well as with other training institutes in
the region, through its involvement in the ASEAN
Insurance Education Committee(AIEC) projects. The
SCI has also actively helped to set up the Asia-Pacific
Risk and Insurance Association (APRIA) to further Singapore College of Insurance
insurance education, and to promote links between 9 Temasek Boulevard #14-01/02/03
academia and the industry. Suntec Tower Two, Singapore 038989
www.scicollege.org.sg General Enquiry: (+65) 6221 2336

Fax: (+65) 6220 6684
E-mail: talk2us@scidomain.org.sg
Website: www.scicollege.org.sg
Singapore College of Insurance

CPE Registration No: 199408491M
Period Of CPE Registration: From 26 September
2015 to 25 September 2019

ProgCalendar2019 PDF

Încărcat de

Informații document

Titlu original

Drepturi de autor

Formate disponibile

Partajați acest document

Partajați sau inserați document

Opțiuni de partajare

Vi se pare util acest document?

Este necorespunzător acest conținut?

Drepturi de autor:

Formate disponibile

ProgCalendar2019 PDF

Încărcat de

Drepturi de autor:

Formate disponibile

NURTURING

Risk Management Fee (S$)

21, 22, 24, 25 & 28 January Singapore-Based Participant

Claims Management Fee (S$)

Fundamentals Of Personal General Insurance Fee (S$)

18 & 19 March | Mon & Tue | Introductory Member (M)

Reinsurance Contract Certainty Workshop Fee (S$)

20 March | Wed | Intermediate Member (M)

(M): Member Company Financial Training Scheme (FTS)

Fundamentals Of Commercial General Insurance Fee (S$)

Insights Into Motor Insurance Claims Fee (S$)

1 April | Mon | Intermediate Member (M)

Business And Economics Fee (S$)

Underwriting Of Group Employee Benefits Insurance Fee (S$)

4 & 5 April | Thu & Fri | Intermediate Member (M)

(M): Member Company Financial Training Scheme (FTS)

5 April | Fri | Intermediate Member (M)

The “Nuts & Bolts” Of Treaty Reinsurance: Fee (S$)

The “Nuts & Bolts” Of Treaty Reinsurance: Fee (S$)

Understanding Singapore Motor Fee (S$)

Marine Hull: Understanding Vessels And Insuring Them Fee (S$)

15 April | Mon | Intermediate Member (M)

(M): Member Company Financial Training Scheme (FTS)

Reinsurance Contract Treaty Wordings Fee (S$)

15 & 16 April | Mon & Tue | Intermediate Member (M)

Insurance Company Operations Fee (S$)

Marine Insurance – A Foundation Workshop Fee (S$)

25 & 26 April | Thu & Fri | Introductory Member (M)

A Focus On Marine Liabilities Insurance NEW Fee (S$)

29 & 30 April | Mon & Tue | Intermediate Member (M)

29 & 30 April | Mon & Tue | Intermediate Member (M)

(M): Member Company Financial Training Scheme (FTS)

Managing Reinsurance Claims Fee (S$)

3 May | Fri | Intermediate Member (M)

Disputes In Motor Claims Fee (S$)

6 May | Mon | Introductory Member (M)

Insights Into Claim Fraud Fee (S$)

8 May | Wed | Intermediate Member (M)

Fundamentals Of Health Insurance Fee (S$)

Legal Aspects Of Insurance Fee (S$)

21, 22, 23, 24 & 27 May Singapore-Based Participant

(M): Member Company Financial Training Scheme (FTS)

Overview Of Property Insurance Fee (S$)

23 May | Thu | Introductory Member (M)

Directors’ & Officers’ Liability Insurance Fee (S$)

23 & 24 May | Thu & Fri | Intermediate Member (M)

Understanding Motor Car Construction & Fee (S$)

Fundamentals Of Reinsurance Fee (S$)

Professional Indemnity Exposures For Insurance Brokers Fee (S$)

30 May | Thu | Intermediate Member (M)

(M): Member Company Financial Training Scheme (FTS)

Fundamentals Of Personal General Insurance Fee (S$)

10 & 11 June | Mon & Tue | Introductory Member (M)

Marine Cargo Policy Wordings: A Practical Perspective Fee (S$)

11 & 12 June | Tue & Wed | Intermediate Member (M)

Marine Cargo & Freight Insurance Claims NEW Fee (S$)

13 & 14 June | Thu & Fri | Intermediate Member (M)

Understanding Construction Insurance Risks And Claims Fee (S$)

17 & 18 June | Mon & Tue | Intermediate Member (M)

Fundamentals Of Commercial General Insurance Fee (S$)

(M): Member Company Financial Training Scheme (FTS)

A Practical Understanding Of Cyber Fee (S$)

Reinsurance Contract Certainty Workshop Fee (S$)