Commercial Multiline
Learn how to help commercial clients navigate critical
issues, such as cyberthreats and crime from both property and casualty
perspectives.
In the CIC Commercial Multiline course, learn how to
identify Commercial Inland Marine, Crime, Cyber and Employment Practices
exposures. The course will also help you learn about the types of coverage
available to address these exposures as you develop insurance programs for your
clients.
Updated and revised 2-day course.
Commercial Inland Marine Concepts & Coverages (6
hours)
Understand the benefits of Bailee coverage, what Builder’s
Risk insurance covers, and when an Installation Floater is necessary. You will
discuss policies, such as Contractor’s Equipment and Transportation Insurance
and identify endorsements such as the Builders Risk Policy “Soft Costs”
endorsement that can enhance a client’s coverage.
Employment Practices Liability Insurance (2 hours)
Learn how to provide your clients with coverage from
liability exposures that come with daily employment practices. The information
provided in this section will help you understand the major policy provisions
found in employment practices liability policies.
Crime Coverages & Endorsements (3 hours)
Learn to advise your commercial clients about their crime coverage
needs and how best to meet them. This section includes information about the
eight insuring agreements within the ISO Commercial Crime policy, so you can
discover how these insuring agreements, especially the Employee Theft insuring
agreement, provide the necessary coverage to meet your clients’ needs. You will
also learn to distinguish between loss-sustained and discovery forms and
examine selected endorsements which enhance coverage.
Cyber Exposures and Coverage (3 hours)
Learn to identify first and third-party cyber-related
exposures and the subsequent need for Cyber insurance coverage. Address
commonly available insuring agreements that fit the needs of your clients,
including analysis of common policy provisions.
Excess Liability and Commercial Umbrella Coverages (2
hours)
Distinguish between Excess Liability Policies and Commercial
Umbrella Policies and learn how to describe the purposes of those policies to
your clients. Address key features of the Declarations, including self-insured
retention and underlying insurance requirements. Analyze how provisions in the
policies, including definitions and exclusions, can differ.
This designation is recommended for:
·
Licensed agents, brokers, and adjusters
·
Insurance professionals with at least two years
of full-time insurance or risk management experience
·
Full-time insurance faculty members who have
taught for at least two years at an accredited college or university
Earning the Designation
You must successfully complete five CIC courses and pass five exams
within five calendar years. To earn the designation, participants must score
70% or better on the two-hour, essay style exam.