Credit Insurance
The ICAP Risk Training Institute in collaboration with "Academics University of London Worldwide", for the 4th consecutive year conduct the ‘Mastering Corporate Credit’, a comprehensive professional training program of 190 live online hours for credit risk management executives. It consists of 12 modules and contains A to Z knowledge of corporate credit risk (from financial statement analysis, credit policy planning and liquidity forecasting, portfolio monitoring & management, analytics, credit insurance, collection policy, cash flow management, legal analysis credit framework and compliance with GDPR regulations).
Description
The aim of the seminar is to present a working model of the credit insurance cycle and the evaluation criteria for selecting it to secure doubtful loans
Target Audience
- Entrepreneurs
- Financial Management and Credit Control Executives
- Debt Collection Managers
- Business Management Executives
- Supply Chain Executives
- Trade Credit Insurance intermediaries and professionals who advise customers
Subject Areas
- Benefits of credit insurance:
- Secure turnover growth
- Preventing/avoiding doubtful loans
- Objective Credit Management
- Liquidity in case of a doubtful loan/compensation
- Easier and cheaper financing/working capital
- What are the Credit Insurance mechanisms
- Why is Credit Insurance necessary today
- Geopolitical risks, which affect the sustainability of businesses
- Credit Insurance before and after the crisis
- Fraud cases
- Case studies
- Best Practices
What you will learn
- You will be able to assess the risk from a default receivable and the effects on the company and its shareholders
- You will understand the structure of business credit insurance and its key characteristics
- You will become familiar with the concept of cost of credit and its effect on the company's profitability
- You will learn about the compensation procedure
- You will practice on setting the credit limit of a customer according to their credit risk
- You will understand how credit risk assessment is performed by the Underwriting department of an insurance company
Seminar Timetable
Date | 1st & 2nd Teaching Hour | Break | 3rd & 4th Teaching Hour |
|---|---|---|---|
18th of January | 18.30 - 20.00 | 20:00 - 20:15 | 20.15 - 21.00 |
22th of January | 10.30 - 12.00 | 12:00 - 12:15 | 12.15 - 13.45 |
25th of January | 18.30 - 20.00 | 20:00 - 20:15 | 20:15 - 21:00 |
Course Start Date
18 of January 2022
Cost of Attendance
€500
- 10 Hours
- Synchronous e-Learning
- Attendance Certificate
- Subsidized by LAEK
