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Liability insurance. Risk management system

07/ 09/ 2021
  The EBA Odesa Legal School with ADVISERS Law Company continues. On September 7, 2021, the 4th lesson of the course on  liability insurance. Risk management system  was held. This time the trainer  of the module was Vasyl Penkovsky, Managing Partner of ADVISERS Law Company. Thus, first of all, it is important to understand the risk management process itself in order to successfully avoid problems in the future. Therefore, Mr. Vasyl spoke about the stages of risk management (identification, analysis, assessment), the four main strategies (rejection, reduction, transfer, acceptance), and what prevents you from seeing and managing risks. Also  attention was paid to the topic of insurance. Together with the speaker,  participants identified its main types (property, liability insurance and personal insurance) and forms (compulsory, voluntary), learned what co-insurance and reinsurance, contract and insurance rules are, and talked about exclusions from insurance cases and insurance restrictions. In addition, we studied   how to draw up documents on the insured case  and did not forget about the main and secondary risks in insurance. And on the basis of practical tasks, participants were able to better absorb the information obtained. We look forward for  the next lesson , that  will take place in October 2021 and will be dedicated to the topic Working with objections: building a dialogue with complex clients.

The EBA Odesa Legal School with ADVISERS Law Company continues. On September 7, 2021, the 4th lesson of the course on  liability insurance. Risk management system  was held.

This time the trainer  of the module was Vasyl Penkovsky, Managing Partner of ADVISERS Law Company. Thus, first of all, it is important to understand the risk management process itself in order to successfully avoid problems in the future. Therefore, Mr. Vasyl spoke about the stages of risk management (identification, analysis, assessment), the four main strategies (rejection, reduction, transfer, acceptance), and what prevents you from seeing and managing risks.

Also  attention was paid to the topic of insurance. Together with the speaker,  participants identified its main types (property, liability insurance and personal insurance) and forms (compulsory, voluntary), learned what co-insurance and reinsurance, contract and insurance rules are, and talked about exclusions from insurance cases and insurance restrictions. In addition, we studied   how to draw up documents on the insured case  and did not forget about the main and secondary risks in insurance. And on the basis of practical tasks, participants were able to better absorb the information obtained.

We look forward for  the next lesson , that  will take place in October 2021 and will be dedicated to the topic “Working with objections: building a dialogue with complex clients.”

Speakers

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Василь Пеньковський
Керуючий партнер ADVISERS Law Company, юридичний радник, адвокат, співавтор та ведучий семінарів Advisers Legal school
Василь Пеньковський

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