Insuring the Future: Challenges and Opportunities in the Electric Vehicle Era

Starting: 13th March 2024 12:00 - 14:00 Online

As electric vehicles become more popular, it is important for motor insurers to understand the unique risks, challenges and opportunities associated with these vehicles.

Description

This session will cover the most important aspects you need to know about, from the latest developments in the manufacture of EVs, the risks they present and their impact on insurance pricing and claims.

 

Topics

  • Assessing the unique risks of electric vehicles
  • Analysing the insurance cover being provided
  • Implement best practices for pricing and underwriting EV insurance policies
  • Examining the issues arising from repairing electric vehicles
  • Managing EV claims effectively.

 

Learning Objectives

  • Understand
      any special cover requirements
      the impact on motor claims
      the risks associated with Electric Vehicles and how to underwrite them
  • Prepare for future developments

 

Target Audience

This training session is ideal for motor underwriters and claims handlers, risk managers, and other professionals who want to stay ahead of the curve in the rapidly evolving EV market.

 

Assessment Questions and Answers

In line with MFSA requirements, a short multiple-choice assessment will be provided by the trainer towards the end of the session. A Certificate of Attendance will be awarded to all students who attend the CPD (duration will be included on certificate). A Certificate of Achievement will be awarded to those who sit for the assessment and are successful (pass mark 60%).

Total Learning Hours

Full course: 2 hours

Hours include contact hours, supervised practice hours, self-study hours and assesment hours.

Trainers

Francis Valletta, ACII, Chartered Insurer

Francis is a Chartered Insurer with over 35 years of experience in Motor Insurance. He currently serves as the General Manager of the Motor Insurance Division at a leading motor insurer in Malta, where he oversees all aspects of the division’s operations. In addition, he is a Visiting Assistant Lecturer in the Department of Insurance and Risk Management at the University of Malta’s Faculty of Economics, Management & Accountancy, where he shares his expertise with the next generation of insurance professionals. Francis is an active member of several industry associations and committees, including the council of the Malta Green Card Bureau and the Motor Insurers Bureau, which he currently chairs. He also serves as a member of the Motor Sector Committee of the Malta Insurance Association and represents the committee in the Motor Insurance Working Group of Insurance Europe.

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Your Details


Certificate Details

As written on the certificate
Usually found at the bottom of the certificate ABC-2023001
e.g. A, B, passed, passed with distinction

Why Choose Us

MITC is made up of a close-knit team with a real passion for learning and insurance, who believe in the continuous development and empowerment of individuals through learning. We understand all of the nuances and challenges that come with insurance training and, that is why we’re here to help you get your training right.

Our courses are developed following in-depth research and consultation on the subject matter and the related market, thus ensuring participant needs are met. All our trainers are experts in their field and actively contribute towards the continuous development of the courses which they deliver.

Our training services are accredited by the Malta Further and Higher Education Authority (MFHEA) and the European Qualifications Framework platforms. MITC’s homegrown insurance programmes are recognised by the renowned Chartered Insurance Institute, UK.

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