THE HONG KONG CONFEDERATION OF INSURANCE BROKERS 香港保險顧問聯會

General Circular 93/17 Date: 14 December 2017

Subject:

FIS - CPD Seminars in January 2018

Dear Members

We are pleased to announce that more courses in various topics are scheduled in coming months

under the “Financial Incentive Scheme (FIS) for Professional Training - Insurance Sector”.

Please find below details for the courses scheduled in January 2018:

Advanced Level – Essentials of Industrial Special Risks Insurance (ISR) + Business Interruption:

ISR & BI products, policies and coverages, underwriting & risk considerations

Date: 17 January 2018 (1701ISR-A); 18 January 2018 (1801ISR-B) (Re-run)

Speaker: Grant Silliss

Intermediate Level – Risk Management Advices and Insurance Solutions for Small-to-Medium Business: Risks and insurance needs, risk survey and risk improvement plan for SME clients Date: 22 January 2018 (2201RM-A); 23 January 2018 (2301RM-B) (Re-run)

Speaker: Mark Humphreys

Advanced Level – Machinery Breakdown in Commercial Line Insurance: Products and coverages, issues and mistakes commonly made, case study Date: 24 January 2018 (2401MB-A) Speaker: Stephen Grandidge

Date/Time Time Course code

Level IA CPD Hours

Course Fee

Registration

17 Jan 2018 (Wed) 9:30am-5:00pm 1701ISR-A Advanced 6 HK$200 Enrol

18 Jan 2018 (Thurs) 9:30am-5:00pm 1801ISR-B Advanced 6 HK$200 Enrol

22 Jan 2018 (Mon) 9:30am-5:00pm 2201RM-A Intermediate 6 HK$200 Enrol

23 Jan 2018 (Tue) 9:30am-5:00pm 2301RM-B Intermediate 6 HK$200 Enrol

24 Jan 2018 (Wed) 9:30am-5:00pm 2401MB-A Advanced 6 HK$200 Enrol

Venue: HKUST Business School Central, Room 1501-2, 15/F Hong Kong Club Building,

3A Chater Road, Central (Exit J3, MTR Central Station)

Language: English

Deadline: 12 January 2018

Please refer to the enclosed program outline for the course details, speaker profile and the

enrolment forms.

We wish to receiving your continuous support and we look forward to your keen participation!

Kind Regards

Tommy Chan

Secretary-General & Registrar

The Hong Kong Confederation of Insurance Brokers

Encl.

PROGRAM OUTLINE

Essentials of Industrial Special Risks Insurance (ISR) + Business Interruption

Date & Time: 17 January 2018 (Wednesday) 9:30am-5:00pm; 18 January 2018 (Thursday) 9:30am -5:00pm (Re-run)

Lunch Time: 12:30pm – 2:00pm

Refreshments: Light refreshments will be provided during breaks.

Learning Outcomes: Program comprises of overview of Industrial Special Risks insurance; Features of ISR policies;

underwriting issues in Industrial Special Risks insurance; evaluating Industrial Special Risks

insurance claims; business interruption insurance and terminology; major sections of cover;

Business consideration from underwriter’s perspective; Advanced profit loss and case study.

Outline: Improved understanding of ISR products, policies and coverages

Understanding ISR underwriting and risk consideration

Understanding ISR claims issues and process

Improved understanding of BI products, policies and coverages

Understanding BI risks and underwriting consideration

Understanding BI application in real life case scenarios

Being able to calculate BI and advanced profit loss

Presenter: Grants Silliss, Manager, Product and Underwriting at Strata Community Insurance

Grant began his insurance career in 1985 with Commercial Union (South Africa). After

relocating to the UK and working for Cigna Insurance, he took on an underwriting position

with one of the UK’s oldest insurers, Iron Trades (established in 1898, and purchased by QBE

Insurance in 2003) and operated from their London Underwriting room. In 1995, Grant moved

to Australia and has worked for Zurich Financial Services, Munich Holdings (Australia), ACE

Insurance, LMI Group and is currently with Strata Community Insurance.

During his career, Grant has held various Senior Property Underwriting and Management

positions, as well as carrying out consultancy work.

His current role has involved a product management role in developing guidelines, rating,

coverage and systems architecture for Residential and Commercial Strata products.

Additionally, he has been working on a new niche product offering, for an internationally

renowned sector of Australian industry.

Risk Management Advices and Insurance Solutions for Small-to-Medium Business

Date & Time: 22 January 2018 (Monday) 9:30am-5:00pm; 23 January 2018 (Tuesday) 9:30am -5:00pm (Re-run)

Lunch Time: 12:30pm – 2:00pm

Refreshments: Light refreshments will be provided during breaks.

Learning Outcomes: Students will study the core knowledge of the Risk Management Advices and Insurance

Solutions for Small-to-Medium businesses including:

Definition of SME clients

Understand risks and insurance needs of SME clients

General risk survey and risk improvement plan

Standard offerings and customised business package

Clients service and renewal management

Outline: Improved understanding of SME clients

Being able to conduct effective insurance needs analysis with SME clients

Developing structured and efficient process in surveying risks for SME businesses

Being able to perform SME insurance portfolio management

Presenter: Mark Humphreys, Partner, Riskwest

Mark has over 20 years of experience encompassing logic mapping, strategic, operational and

project risk management, liability and insurance with blue chip companies in the UK and

across the Australian private and public sectors.

Mark has been a Board Director and, from January 2013, a Partner in Riskwest, a specialist

management consulting firm providing risk-based advisory and facilitation services to a broad

range of corporate, government and community service organisations. Prior to that, he spent

four years with RiskCover, a division of the Insurance Commission of Western Australia (WA),

as a Risk Management & Business Continuity Management consultant.

Mark has previously been ‘Manager, Operational Risk’ for the Victorian Managed Insurance

Authority (VMIA) where he managed a team of Risk Management Advisors, and was

responsible for meeting risk management needs across the client base with appropriate

products and services. These products and services included the development and review of

risk and compliance frameworks and the provision of tailored risk consulting advice.

Previously, as the ‘Manager of the Liability Risk Management Team’ at QBE Insurance (Europe)

based in London, Mark was responsible for the identification and implementation of bespoke

risk management programs to its’ corporate client base (i.e. FTSE 250 / equivalent ASX 100

companies). The aim of these programs was to reduce the organisational exposure to liability

claims whilst supporting clients in the management of their own risk.

Machinery Breakdown in Commercial Line Insurance

Date & Time: 24 January 2018 (Wednesday) 9:30am-5:00pm

Lunch Time: 12:30pm – 2:00pm

Refreshments: Light refreshments will be provided during breaks.

Learning Outcomes: Our speaker will elaborate the machinery breakdown in commercial line insurance in the

aspects of:

Overview of critical business equipment

Understand what breakdown insurance covers

How breakdown insurance cover is miscalculated, and misunderstood by clients

Identify how best to calculate the appropriate level of breakdown

Case study

Outline: Improved understanding of machinery breakdown in commercial line general insurance

Improved understanding of MB products and coverages

Understanding issues and mistakes commonly made in machinery breakdown

Presenter: Stephen Grandidge, Executive Loss Adjuster in McLarens

Stephen commenced his adjusting career with McLarens in May 2014 as an Executive Loss

Adjuster. He has a diverse pool of experience to draw from including a career with the NSW

Police as Senior Detective Constable in the Arson Squad. Stephen has also worked for various

adjusting firms, holding titles including Managing Partner and Operations Manager. Most

recently, he has gained experience as a claims preparer with the LMI Group.

Stephen has 27 years of experience in the insurance industry managing substantial claims in

the mining, oil, electrical, and manufacturing industries.

FIS CPD form-08.17

A Financial Incentive Scheme for Professional Training – Insurance sector subsidized by HKSAR Government

Enrolment Form Course: Essentials of Industrial Special Risks Insurance (ISR) + Business Interruption

Date: 17 January 2018 (Wednesday) 18 January 2018 (Thursday)

Code: Please tick one only

1701ISR-A 1801ISR-B (Re-run)

Time: 9:30am-5:00pm 9:30am-5:00pm

Venue: HKUST Business School Central, Room 1501-2, 15/F Hong Kong Club Building, 3A Chater Road Central

Please send your completed Enrolment Form with the cheque payment to: The Hong Kong Confederation of Insurance Brokers, Room 3407, AIA Tower, 183 Electric Road

Company Name

CIB Mem. No. (if applicable)

Contact Person

Contact No.

Email contact

Fax No.

Please enrol the following persons for this seminar:

(as shown on the HKID card) Email contact CIB Reg. No.

(if applicable) Surname Other Name

PAYMENT DETAILS

No. of person(s) _____ x $200 Total Fees: HK$_____________

Cheque No.: ______ (Payable to “The Hong Kong Confederation of Insurance Brokers”)

Declaration: 1. We have read and will observe the “Rules Governing CIB Seminars”. 2. We understand: i) Enrolment will be accepted on a first-come-first-served basis. ii) Enrolment without payment will not be

entertained. iii) Enrolment fee is non-refundable and transferable to another course. iv) Official receipt will be issued only upon request in writing within one month after the seminar. v) HK$100 surcharge per person applied for enrolment or substitution after deadline. vi) Certificate of attendance will only be issued upon clearance of payment. v) CIB administration fee for bounced cheque is HK$200.

3. This seminar is subsidised by HKSAR Government under ‘Financial Incentive Scheme for Professional Training – Insurance Sector’. Participants cannot seek reimbursement of training fees from any public funding scheme.

Bad Weather Policy: In the event of cancellation due to bad weather, the seminar will be either re-scheduled or registrations may be transferred to other CIB CPD seminars of same fee level. Notice of re-scheduling will be issued ASAP. No refund will be given.

For Office Use Only

Cheque No. Verified By Payment Cleared

________________________________

Signature ________________________________

Date

FIS CPD form-08.17

A Financial Incentive Scheme for Professional Training – Insurance sector subsidized by HKSAR Government

Enrolment Form Course: Risk Management Advices and Insurance Solutions for

Small-to-Medium Business

Date: 22 January 2018 (Monday) 23 January 2018 (Tuesday)

Code: Please tick one only

2201RM-A 2301RM-B (Re-run)

Time: 9:30am-5:00pm 9:30am-5:00pm

Venue: HKUST Business School Central, Room 1501-2, 15/F Hong Kong Club Building, 3A Chater Road Central

Please send your completed Enrolment Form with the cheque payment to: The Hong Kong Confederation of Insurance Brokers, Room 3407, AIA Tower, 183 Electric Road

Company Name

CIB Mem. No. (if applicable)

Contact Person

Contact No.

Email contact

Fax No.

Please enrol the following persons for this seminar:

(as shown on the HKID card) Email contact CIB Reg. No.

(if applicable) Surname Other Name

PAYMENT DETAILS

No. of person(s) _____ x $200 Total Fees: HK$_____________

Cheque No.: ______ (Payable to “The Hong Kong Confederation of Insurance Brokers”)

Declaration: 1. We have read and will observe the “Rules Governing CIB Seminars”. 2. We understand: i) Enrolment will be accepted on a first-come-first-served basis. ii) Enrolment without payment will not be

entertained. iii) Enrolment fee is non-refundable and transferable to another course. iv) Official receipt will be issued only upon request in writing within one month after the seminar. v) HK$100 surcharge per person applied for enrolment or substitution after deadline. vi) Certificate of attendance will only be issued upon clearance of payment. v) CIB administration fee for bounced cheque is HK$200.

3. This seminar is subsidised by HKSAR Government under ‘Financial Incentive Scheme for Professional Training – Insurance Sector’. Participants cannot seek reimbursement of training fees from any public funding scheme.

Bad Weather Policy: In the event of cancellation due to bad weather, the seminar will be either re-scheduled or registrations may be transferred to other CIB CPD seminars of same fee level. Notice of re-scheduling will be issued ASAP. No refund will be given.

For Office Use Only

Cheque No. Verified By Payment Cleared

________________________________

Signature ________________________________

Date

FIS CPD form-08.17

A Financial Incentive Scheme for Professional Training – Insurance sector subsidized by HKSAR Government

Enrolment Form Course: Machinery Breakdown in Commercial Line Insurance

Date: 24 January 2018 (Wednesday)

Code: Please tick one only

2401MB-A

Time: 9:30am-5:00pm

Venue: HKUST Business School Central, Room 1501-2, 15/F Hong Kong Club Building, 3A Chater Road Central

Please send your completed Enrolment Form with the cheque payment to: The Hong Kong Confederation of Insurance Brokers, Room 3407, AIA Tower, 183 Electric Road

Company Name

CIB Mem. No. (if applicable)

Contact Person

Contact No.

Email contact

Fax No.

Please enrol the following persons for this seminar:

(as shown on the HKID card) Email contact CIB Reg. No.

(if applicable) Surname Other Name

PAYMENT DETAILS

No. of person(s) _____ x $200 Total Fees: HK$_____________

Cheque No.: ______ (Payable to “The Hong Kong Confederation of Insurance Brokers”)

Declaration: 1. We have read and will observe the “Rules Governing CIB Seminars”. 2. We understand: i) Enrolment will be accepted on a first-come-first-served basis. ii) Enrolment without payment will not be

entertained. iii) Enrolment fee is non-refundable and transferable to another course. iv) Official receipt will be issued only upon request in writing within one month after the seminar. v) HK$100 surcharge per person applied for enrolment or substitution after deadline. vi) Certificate of attendance will only be issued upon clearance of payment. v) CIB administration fee for bounced cheque is HK$200.

3. This seminar is subsidised by HKSAR Government under ‘Financial Incentive Scheme for Professional Training – Insurance Sector’. Participants cannot seek reimbursement of training fees from any public funding scheme.

Bad Weather Policy: In the event of cancellation due to bad weather, the seminar will be either re-scheduled or registrations may be transferred to other CIB CPD seminars of same fee level. Notice of re-scheduling will be issued ASAP. No refund will be given.

For Office Use Only

Cheque No. Verified By Payment Cleared

________________________________

Signature ________________________________

Date

FIS CPD form-08.17

Rules Governing CIB Seminars Enrolment

1) CIB Seminars are open for enrolment to all interested persons of Hong Kong.

2) All enrolments should be sent with payment to the CIB Secretariat prior to the specified closing date of each Seminar.

3) Enrolment will be processed on a first-come-first-served basis. Enrolment without payment will not be entertained.

4) Confirmation of enrolment will be sent by fax or email to enrolling participant or to the contact person. In case you have not received confirmation 1 day prior to the Activity, the Company contact person should contact the CIB Secretariat for the status. Only those who have their enrolment confirmed will be admitted to the seminar.

Substitution or Cancellation 5) Written request from enrolling Participant for substitution of participant prior to the specified closing date of a

Seminar will be entertained.

6) Substitution is allowed after the specified closing date of the Seminar but a fee is applicable.

7) Seminar will be cancelled if a No. 8 or higher tropical signal or black storm warning is hoisted within 3 hours before the commencement of activity or during the Seminar. The activity may be re-scheduled or registrations may be transferred to other CIB Seminar of same fee level. No refund will be given.

8) CIB reserves the right to cancel or re-schedule a Seminar with prior notice. Any fee paid for a cancelled or re-scheduled Seminar will be refunded to the enrolling Participant.

Registration of Attendance 9) All Participants have to prove their identities by showing the Hong Kong Identity Card or passport or driving

license at designated registration counter and to sign in for confirming their attendance. No other proof of identity will be accepted.

10) 45 minutes after the commencement of a Seminar, registration counter will be closed and NO registration of attendance for that Seminar will be entertained. The participant may sit in the Seminar but will not be granted any certificate of attendance.

11) All Participants are required to sign in again after the lunch break.

Granting of CPD Hours / Statement of Completion 12) When the Seminar is finished, participants should collect the certificate of attendance before leaving.

Participants who fail to collect certificates of attendance before leaving will be considered as early retirees.

13) The following participants will not be awarded certificate of attendance with CPD Hours/ Statement of Completion:

(a) those failing to register attendance before the registration counter closes; or

(b) those, except for the break allowed in the programme, taking any other breaks longer than 10 minutes; or

(c) those retiring earlier than the end of the Seminar; or

(d) those who leave during the seminar/course and return before the seminar/course is ended.

14) ONE CPD hour will be deducted for any late arrival of over 10 minutes but not more than 30 minutes after the commencement of the Seminar. THREE CPD hours will be deducted for any late arrival for over 30 minutes but not more than 45 minutes after the commencement of the Seminar. Thereafter no CPD hours will be awarded.

15) For those who are late for more than 1 hour after the commencement of the Seminar, entry into the Seminar will be refused, and no certificate of attendance will be awarded.

16) For 2-consecutive days’ course, you must attend and complete the entire two-day course to earn the CPD Hours and receive a Certificate from CIB.

17) If the certificate of attendance is lost, the participant may apply in writing for a letter of certification at an administration fee of HK$100 payable to CIB.

18) HKCIB will have the final decision and reserves the right to change the rules without prior notice. Any further correspondence will not be entertained