Overview
Underwriting plays a critical role in the insurance industry by ensuring that risks are properly assessed, evaluated, and priced. Sound underwriting decisions help insurers maintain financial stability while providing appropriate protection to policyholders.
This course provides practical knowledge of the principles and practices involved in general insurance underwriting. Participants will develop a clear understanding of risk assessment, underwriting decision-making, policy structures, and the factors that influence underwriting outcomes.
Through structured online modules, the programme equips professionals with the knowledge required to evaluate risks effectively and support sound underwriting practices within insurance organisations.
Who Should Enrol
This course is designed for professionals involved in insurance underwriting and risk assessment, including:
- Insurance underwriters and underwriting assistants
- Insurance agents and sales professionals
- Insurance brokers and intermediaries
- Claims and operations staff seeking underwriting knowledge
- Branch managers and distribution leaders
- Professionals seeking foundational knowledge in general insurance underwriting
What You Will Learn
Participants will gain practical knowledge and understanding of:
- The role and importance of underwriting in insurance operations
- Principles of risk assessment and risk selection
- Key underwriting considerations in general insurance
- Policy terms, conditions, and coverage interpretation
- Factors influencing underwriting decisions
- Best practices in professional underwriting
Learning Pathway
This course forms part of the IIEA E-Academy Learning Pathway Framework™ for Advanced Insurance Professionals, designed to strengthen technical expertise across key areas of insurance practice.
Certification
Participants who successfully complete the course requirements will receive a Certificate of Achievement issued by the Insurance Institute of East Africa (IIEA).
Learning Outcomes
After you complete this course, you should be able to:
- Recognise and classify risks for insurance purposes
- Identify appropriate risk prevention and risk management methods
- Recognise and apply organisational or industry sector standards for insurance policies and wordings
- Identify and apply organisational underwriting guidelines
- Explain the importance of gathering appropriate risk information
- Explain the importance of policy wordings, terms and conditions
- Recognise appropriate methods of reinsurance to manage risk
- Identify and obtain risk information
- Assess information against established risk acceptance criteria
- Communicate the results of a risk assessment
- Issue a quotation and interim cover
- Recognise and adhere to relevant laws
- Identify and enact appropriate procedures.
