Principles and Practices of Workmen’s Compensation

Karan Ramlal, ACII, Dip. Ins., Chartered Insurer

Mr. Karan Ramlal is currently the Managing Director of a leading brokerage firm. His career spans over thirty-five (35) years, as an insurance professional with over sixteen (16) years broking experience. Throughout his employment at senior levels in the industry, he became known as one of the best technical experts having in-depth knowledge in Underwriting, Reinsurance and Claims.

 Mr. Ramlal attained his Dip. Ins. Diploma in 1987, his ACII in 1991 and Chartered status in 1995.

 He is no stranger to the TTII and has lectured extensively for the State Licencing Examinations and many other workshops over the years. He has also lectured throughout the Caribbean for over twenty-five (25) years especially in specialist fields such as oil, gas, energy liability and Bond insurances.

 

• At the end of the session participants will be able to:
  • Understand the Workmen's Compensation Act Chapter 88:05 (key definitions, principles, benefits etc.)
  • Understand:
    • the key questions on the proposal form
    • The underwriting requirements
    • The policy coverage.
    • The main clauses and extensions.
    • Rating and declaration.
    • Example of claims calculation.
  • Understand the link to National Insurance.

In this workshop, participants will gain a comprehensive understanding of the Workmen’s Compensation Act 88:05, its link to policy coverage, the underwriting and claims process.