Trade CrediT insuranCe Training Course

a blend of mobile learning & Classroom Training

Date: 19, 20 & 21 September 2018Time: 8.30 am to 4.00 pm

7 GIA CPD hours for Digital Learning and 21 GIA CPD hours for Classroom Training

Venue: Singapore College of Insurance

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for WHom• Those who are already working in the Trade Credit Insurance (TCI) industry, either as a specialist TCI broker or an underwriter,

who wish to enhance their knowledge and broaden their skill base via an appropriate certification.• Those with experience in business, accountancy and finance (especially trade finance), looking for an alternative skill or

employment.• Those with degrees in business studies, marketing, banking, etc. who are looking for an alternative qualification and want to

broaden their skill levels by way of a post graduate programme.• Those who already hold an ACII and want to obtain further professional qualifications with the objective of making a mid-

term career move into TCI. • Trade Credit Insurance brokers and professionals who advise clients on TCI matters.• Those in banking, trade finance, reinsurance, corporate governance etc. who want to gain an advanced knowledge

about credit insurance.

Trade CrediT insuranCe Training Course neW

a blend of mobile learning & Classroom Training

Programme HigHligHTsTCI is a rapidly growing financial service product. It is relatively new to Asia and Singapore. It is becoming an essential tool in trade finance, risk mitigation, business development, corporate governance and credit management. TCI also has important consequencesforabank’scapitaladequacyrequirements.AsthisessentialbusinesstoolisbecomingmorepopularinSingapore,credit insurers and insurance brokers would require expertise in handling TCI and this course enables them to acquire the relevant level of advanced knowledge and skills. This programme adopts a practical learning approach and has in-class assessments usingthecase-studyapproach.Day1covers“UnderwritingtheInsuredClient(CommercialUnderwriting)”,Day2covers“Claims&OtherTCIIssues”andDay3isfocusedonpracticalcasestudies.

Participants are required to carry out pre-learning through the SCIDigital App and the programme materials before the commencement of this 3-day course. Basic concepts and terminologies will not be covered in class. Participants will be granted access to both the SCIDigital App and the course materials, before the programme start date.

Participants wishing to obtain the Executive Certificate in Trade Credit Insurance awarded by Singapore College of Insurance (SCI) are advised to refer to the Qualifying Requirements.

ToPiCs CoVered

fee

Member Company Non-Member Company Overseas Participant

S$1,000.00 (before 7% GST) S$1,070.00 (inclusive of 7% GST)

S$1,100.00 (before 7% GST) S$1,177.00 (inclusive of 7% GST)

S$1,100.00

leCTurerJerry friend JerryiscurrentlyaconsultantspecialisinginCreditandPoliticalRisk.HewasaDirectorandtheChiefUnderwriteroftheUK’slargestcreditinsurer,andwasinstrumentalinseveralindustryinnovationsincludingsettinguptheWorld’sfirstprivatesectorexportcreditschemeunderwritingpoliticalriskwithoutanygovernmentsupport.JerryalsointroducedtheUK’sfirstTradeCreditInsurance scheme aimed solely at the Small and Medium Enterprise sector. He is a very customer focused and solution oriented individual with unique market experience in the Credit Insurance industry.

Unit1 TradeCreditInsurance-AnIntroductionAndThe Basics

• Background• TradeCreditInsurance–Introduction• Risks Covered In Short-And Medium-/Long-Term

Cover• “Comprehensive”PolicyTypes• Alternative And Specialist Structures / Structured

Trade Credit• Medium-And Long-Term Credit Insurance• Project Finance• Reinsurance Principles And The Basic Types Of

ReinsuranceUsedByCreditInsurers• An Introduction To Political Risk Insurance

Unit2 Underwriting

• UnderwritingTheInsuredClient(CommercialUnderwriting)

• UnderwritingTheBuyer(RiskUnderwriting)• UnderwritingTheGoods• UnderwritingTheCountryRisks

Unit3 ClaimsAndRelatedMatters

• Rights And Obligations Of Parties To A Credit Insurance Contract

• Policy Management• Claims

Unit4 OtherIssues

• Premium Issues • Buyer Information• OrganisationOfACreditInsuranceCompany–

Possibilities• Comparative TCI Systems

Note: Unit1willbecoveredviaDigitalLearningand Units2to4willbecoveredviaclassroomtraining.

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QualifYing reQuiremenTsCandidates must satisfy the following qualifying requirements in order to obtain the Executive Certificate in Trade Credit Insurance:

1. Complete the 7-hour Digital Learning course and score at least 80% for the Multiple-Choice Questions (MCQ) assessment at the end of the Digital Learning course; and

2. Achieve 75% attendance in respect of the face to face classroom training; and

3. Score at least 70% for the MCQ examination*; and

4. Submit and score at least 80% for the coursework assignment.

*This examination will be conducted on a separate day via Computer Screen Examination at SCI. The examination has been scheduled on 5 October 2018 from 9.00 am to 10.00 am.

With regard to the coursework assignment, candidates must type out their answers in word document by using the template provided by SCI, and upload their completed coursework assignment via a link to be provided by SCI. Candidates must submit their coursework assignment within one month, i.e. by Monday, 22 October 2018.

eXaminaTion fee (no funding)S$85.60 (inclusive of 7% GST) which includes:

• MCQ assessment at the end of the Digital Learning course;• MCQ examination via Computer Screen Examination at SCI; and• coursework assignment.

Candidates need to register separately with SCI.If the candidate fails any of the above components, the re-taker fee is S$85.60 (inclusive of 7% GST).

designaTorY leTTers uPon aCHieVing THe QualifiCaTionUponsuccessfulsatisfactionofallthequalifyingrequirements,candidateswillbeeligibletousethedesignatorylettersof: exec Cert sCi (Trade Credit insurance)

addiTional informaTion• The SCIDigital App can be downloaded from the Google Playstore or the Apple iTunes App Store.

• Access to the digital learning course and the programme materials will be given to all participants on 7 September 2018, prior to the start of the programme.

• The digital learning courses, including the quizzes, are to be completed before the commencement of the classroom training.

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Awarded by the Singapore College of InsuranceExecutive Certificate in Trade Credit InsuranceFor those interested to pursue a certification in:

CPd Hours7 GIA CPD hours for digital learning and 21 GIA CPD hours for classroom training. 1 GIA CPD hour upon passing the examination.

eXaminaTion deTails for mCQ eXaminaTion Via ComPuTer sCreen eXaminaTion aT sCi• Date: 5 October 2018• Time: 9.00 am to 10.00 am• Pass-mark: 70%

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 ofSingapore’seffortstodevelopasafinancial hub.

The SCI was voted the Asia Insurance Industry Educational Service Provider of the Year in 1997, 2001, 2007 and 2016.

www.scicollege.org.sg

adminisTraTiVe informaTion for TeCHniCal Training Programmes

Version 2: 16 Aug 2018

ConTaCT deTails Singapore College of Insurance Limited9 Temasek Boulevard #14-01/02/03 Suntec Tower Two, Singapore 038989General Enquiry: (+65) 6221 2336 Fax: (+65) 6220 6684E-mail: talk2us@scidomain.org.sgWebsite: www.scicollege.org.sg

Singapore College of Insurance LimitedCPE Registration No.: 199408491MPeriod of CPE Registration: From 26 September 2015 to 25 September 2019

© 2018 Singapore College of Insurance Limited (SCI). All Rights Reserved by SCI.

Information presented on this marketing material is correct at the time of publishing. However, changes to the programme contents, dates, time, duration and venue can occur owing to unforeseen circumstances. Every effort will be made to inform all Candidates of such changes on a timely basis.

regisTraTion PoliCYRegistrations should be made online at www.scicollege.org.sg. Before registering, participantsshouldrefertothe“ForWhom”sectionoftherespectiveProgrammes,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 ParTiCiPanTsOverseas participants are required to book the accommodation using the hotel booking form (a copy of which can be found in our website and participants are advised to download the correct form according to the hotel of their choice) 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 PoliCYParticipants must have attained a minimum 75% attendance for the programme to be awarded with the Certificate of Attendance (COA).

finanCial Training sCHeme (fTs) - for Trade CrediT insuranCe Training Course onlYTo be advised.

CPd HoursCPD hours awarded by SCI are recognised by GIA for fulfilling the CPD requirements setoutundertheGIA’sGuidelinesonContinuousProfessionalDevelopment.

WiTHdraWal / PosTPonemenT PoliCYAny notice of withdrawal must be given in writing to SCI. If the written notice of withdrawal is received:

In lieu of the notice of withdrawal and cancellation charges applicable as stated above, participants wishing to withdraw from a programme can also give notice to SCI in writing that they wish to arrange for another participant to attend the same programme as a substitute. SCI reserves the right to accept or decline the registration of such a substitute participant. In the event that such a substitute participant is accepted by SCI, no cancellation charges will be imposed in relation to the original participant.

Notice Period Withdrawal Penalty

At least 30 days before programme commencement date 0%

8 to 29 days before programme commencement date 25%

7 days or less before programme commencement date 100%