Mr. Chisegalumbwe hired a Canter to move his items from Chongwe to Livingstone. One of the trusted Farm workers (Mr. Chisekesi) accompanied the goods on the Taxi. The Taxi is owned by Mr. Chisenga who happens to be Mr. Chisengalubwes nephew. Along the way just before Barn Motel, the taxi collided with a Truck driven by Dr. Fu, a Chinese national. Some valuable properties belonging to the farmer were lost in the stampede from onlookers that occurred following the crush. Dr. Fu died on the spot as his truck hit the wall fence belonging to Mr. Steers farm. Mr. Steers, it was found that, the wall fence was partially constructed beyond the Farms boundary. The trusted worker from the farm sustained injuries. Doctors advise that he will not be able to work again. It was discovered that the Taxi has third Party insurance only. The police report was issued that concluded that the Taxi driver was responsible for causing the crash. THE Chinese national was the only child of an upcoming millionaire mixed couple of Chinese and USA nationals. Mr. Steers used a lot of abusive language at the Taxi driver and some on lookers. Public interest is amount over how the Farmer was allowed to build on a road reserve. You are required to attend to the following You are the Underwriting Manager of Insurance Company and you are presented with the ABOVE situation. CRITICALLY ANALYSE THE SENERIO ABOVE AND RECOMMEND RELIEF IF ANY TO THE INJURED. Describe FIVE (5) insurance products that are available to mitigate the losses indicated above other than those mentioned in the data given.

MARKS WIIL BE AWARED FOR THE FOLLOWING Mark (s) 1 2 3 Objective of Loss management Link to individual and corporate goals Loss management methodology Problem statement given the scenario Problem definition supported by course material where relevant Problem analysis 4 10 5 |5 500 0 0 0 0 0 0 0 6 7 Evaluation 8 Evaluation of alternatives 10 9 Solution and justification 10 Conclusion MARKS WIIL BE AWARED FOR THE FOLLOWING Mark (s) 1 2 3 Objective of Loss management Link to individual and corporate goals Loss management methodology Problem statement given the scenario Problem definition supported by course material where relevant Problem analysis 4 10 5 |5 500 0 0 0 0 0 0 0 6 7 Evaluation 8 Evaluation of alternatives 10 9 Solution and justification 10 Conclusion