The Perfect Storm - Solvency II & Ogden

The Perfect Storm - Solvency II & Ogden

By Alan Chandler, Chartered Insurer.

FREE CPD EVENT ALL WELCOME

Alan has undertaken operational management roles in three major global companies - NatWest Insurance Services, RBS Insurance Group and Allianz Insurance. He has run underwriting, broking and claims functions. Ten years ago he set up his own training company, something that he had always longed to do as he is passionate about training. Since then he has trained well over a thousand people to become ACII qualified including six individuals who have achieved the best ACII completion in the whole of the United Kingdom.

Overview:

The following are just a few of the examples of how Solvency II and Ogden are changing your market place: -LV seek out Allianz’s massive cash pile despite its operation running well -Markerstudy are turning to the vast wealth of Qatar Re to keep them going -ERS pull of haulage fleet despite 12 months ago being one of the ‘go to’ markets -Gable disappear completely -There is a rush to the exit door for motor trade and construction business for many insurers and minimum premiums are increasing massively.
This presentation will be delivered by Alan Chandler, Chartered Insurer, who is widely regarded as one of the top insurance trainers in the UK, and through his role he has got to see how the market place is reacting to Solvency II and Ogden.
Alan will explain, in plain English, the background of why solvency margins are so important. He will show how Solvency II operates and how it is changing our market place.
He will also use this presentation as an opportunity to build on his well-received Ogden presentation last year to explain where we are now with Ogden, what may or may not happen next and how the combination of Solvency II and Ogden will continue to create lots of changes in the market place, with insurers reducing appetite in high risk classes of business and how many insurers and MGA’s may well struggle unless they have a great business model.

Learning objectives :

By attending this event, delegates will be able to describe: -
• Insurers Solvency margins
• an overview of Solvency II
• the current position of the Ogden table change
• to your clients how Solvency II and Ogden is affecting the cover and premium being offered by the market.

WHEN ?

Tuesday 5th February 2019

5.30 p.m. Coffee
6.00 p.m. Presentation
7.00 p.m. Buffet

WHERE ?

The Sun Hotel
Sun Street
Hitchin
Hertfordshire
SG5 1AF