| CODE | INS2020 | |||||||||
| TITLE | Motor Insurance | |||||||||
| UM LEVEL | 02 - Years 2, 3 in Modular Undergraduate Course | |||||||||
| MQF LEVEL | 5 | |||||||||
| ECTS CREDITS | 4 | |||||||||
| DEPARTMENT | Insurance | |||||||||
| DESCRIPTION | Objectives: To develop in the participants: - an understanding of the practices and procedures connected with the various types of motor insurance policies; - knowledge of the applicable legal and regulatory framework in connection with the insurance of motor vehicles; - the ability to apply product knowledge and understanding in real life scenarios relating to the underwriting of motor risks and the settlement of motor claims; - an understanding of cross-border motor insurance and claims within the EU; - an understanding of the assessment of the performance of an motor insurance portfolio. Contents: - The legal and regulatory framework; - Private Car Insurance; - Commercial Vehicle Insurance; - Other Types (Motorcycles, Fleet Policies & Motor Traders); - Motor Claims Handling; - Cross Border insurance and claims; - Managing a Motor Insurance portfolio. Reading List: 1. Motor Insurance CII Course book 2. The EU Motor Insurance Directives 3. Cap 104 – Motor Vehicles (Third Party Risks) Ordinance 4. Protection and Compensation Fund Regulations (LN 435 of 2003) of Cap 403 – Insurance Business Act Optional additional reading: 1. P94 Motor insurance - study text with updates (Chartered Insurance Institute, London, 2015) 2. The Journal (Chartered Insurance Institute, London, bi-monthly publication) 3. Post Magazine (Incisive Insurance Information Ltd, London, weekly publication) 4. Motor Insurance Theory & Practice – Kenneth Cannar (Second edition London: Witherby, 1994) |
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| STUDY-UNIT TYPE | Lecture and Tutorial | |||||||||
| METHOD OF ASSESSMENT |
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| LECTURER/S | Francis Valletta |
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The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints. Units not attracting a sufficient number of registrations may be withdrawn without notice. It should be noted that all the information in the description above applies to study-units available during the academic year 2023/4. It may be subject to change in subsequent years. |
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