Insurance - Comprehensive Training
Suggested course format:
10 sessions of 3 hours each - for example one full week, or mornings only for two weeks.
Attendees: groups of up to 8 persons, TOEIC level 550 and above.
Materials: original exercises, press articles, corporate texts, audio and video files.
|Insurance Topic||Example Subjects||Grammar/Lexis|
|Insurance Occupations||Job titles, chain of command||presenting yourself|
|Numbers and mathematics||Decimals, large figures, equations||numbers & figures|
|Risk Management||ERM, evaluation and transfer of risk||expressing likelihood|
|Principles of Insurance||Average, anti-selection, subrogation||formal vs informal english|
|Insurance contract clauses||Deductibles, exclusions, guarantees||1st conditionals|
|Insurance contracts (legal)||UK contract law, mandatory clauses||legal terminology|
|Lines of business 1||Life & health, pensions, investments||medical terms|
|Lines of business 2||Non-life, P&C, Lloyd's of London||prepositions of place|
|Channels of distribution||Brokers, IFA, retail, bancassurance||comparatives|
|Underwriting loadings||Percent increases, per mille, modification||mathematical notation|
|Admin||TPAs, system configuration||the passive voice|
|Premium collection & banking||Direct debits, refunds, sort codes||adverbs of frequency|
|The vocabulary of reinsurance||Types, treaties, quota-share, fac||linking words|
|Claims||Procedures, loss adjusters, forms||imperative voices|
|Insurance accounts||Turnover, profits, assets & liabilities||averbs of sequence|
|Financials 1||Reporting, budgets, stats, means||dates|
|Financials 2||Reserves, Solvency 2, actuarial terms||'used to'|
|Regulation||Mediation, regulatory bodies||modal verbs|
|Projects (planning)||Schedules, deadlines, milestones||prepositions of time|
|Projects (execution)||MOA / MOE, steering committees||the present perfect|
The first part of each session consists of the trainer eliciting technical terms and common collocations from the stagiaires. The second part will be spent on exercises designed to reinforce familiarity and understanding of the key terms. Explanations of other points of grammar or vocab will of course be offered when necessary during the training. During this second part the grammar and lexis subjects will also be studied.
Modifications can be made to the course as a better understanding of the stagiaires' needs develops.
The stagiaires will be encouraged to compile a glossary of terms which will be useful to them in the future.
The trainer will address the following ELT subjects as they occur during the course:
- the 'faux amis' of insurance
- common mistakes in insurance English
- useful phrasal verbs in insurance
- synonyms and antonyms for commonly-used words
- abbreviations and other codes used in insurance IT systems
- common collocations in insurance