The Trade Credit Insurance Award

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Description: In order to maintain the current high standards, and to improve in a world which is constantly changing, it is understood that underwriters and brokers need a wide span of skills. Having made a study of the training available and the skills found in the industry, the Trade Credit Committee of the Association of British Insurers has decided to work with the Institute of Credit Management to develop a new Trade Credit Insurance Award. It was decided that the first stage of this Award should be an introductory course of six topics; Essential insurance, Legal principles of contract and agency, Essentials of regulation of insurance, Fundamental accounting principles, The main terms and methods of payment and Use of accounts in setting credit limits.
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