FCIB’s Executive Development Webinar Series

Webinar at a Glance

Date: July 24, 2012
Time: 10:00am - 11:00am Eastern – What time is this for me?

So your new policy is delivered and you need to ensure it matches what you negotiated. Do you know how to review the terms of your credit insurance policy?

Join us as we discover the most important points of reading a credit insurance policy.

• Policy maximum limit of liability

(b) Premium,

(c) Percentage of Indemnity,

(d) Deductible,

(e) Nonqualified Loss amount ($ amount below which claims can not be filed),

(f) Discretionary credit limit (if applicable),

(g) Maximum terms of sale permitted

• Verify that all the buyers (your customer) credit limits are as you expected

• Ensure that any special conditions you needed are included by endorsement to the policy

• Anything that is not as expected needs to be addressed IMMEDIATELY with the insurer

Major categories of risk – options available to manage credit risk

Defining Credit Insurance Policy Coverage

- Short, medium, longterm policies

- Types of limits, types of risk, guarantees

- Type of business, policy payment options

Instructor

Vice President Trade Credit Practice at Marsh

Tom Corbett is a Vice President within Marsh's National Trade Credit Practice in the US. He is responsible for the new business development and growth of the US and Global Trade Credit Practice.

Prior to joining Marsh, Tom was an executive for a trade credit insurer and has extensive experience in corporate credit management, receivable outsourcing and business credit information.

Tom started his career in corporate credit over 25 years ago and has worked and managed credit and collections in the pharmaceutical, food, health & beauty care, industrial and consumer electronics industries.

Tom has been a member of National Association of Credit Management (NACM), Foreign Credit & International Business (FCIB) and Credit Research Foundation (CRF) for many years and frequently presents to trade credit groups. Tom has also written on trade credit issues for Business Credit magazine and other trade credit publications.

Tom has an MBA from Fairleigh Dickinson University and a BS in Business Administration from Seton Hall University.

Registration Fees

Registration Fees Include:

• One telephone and web connection at one physical location

Cancellation and Refund Policy

Registration fees, less a $50 processing fee will be refunded for written cancellations received 7 days before the program start date. No refunds for cancellations within 7 days of the program start date. Substitutions are permitted.

Certificate of Attendance

Participants who attend this webinar will receive a Certificate of Attendance. For additional participants from the same company as the main registrant, please use this form.

*All additional participants must be received before the start of the webinar to receive the Certificate.

Webinar Access

Instructions to join the Webinar will be sent to the main registrant's email address the day before.

Remember! please log-in at least 15 minutes prior to the webinar commencing to ensure ample time for technical assistance if needed.

EARN ICEUs

This webinar accounts for 1/4 Participation and 1 Education Point toward ICCE accreditation/recertification.