Company Structures: Understanding How Policies Should be Correctly Set Up

Company structures - understanding how policies should be correctly set up

It is essential all insurance staff have a good understanding of the different types of way in which a company could be structured and failing to understand these structures could lead to wrong cover being put in place.

This webinar, provided by Alan Chandler one of the most popular presenters in the UK, will examine the difference between a sole trader, a partnership, a limited liability partnership, a private limited company and a public limited company. Alan will also explore the ways in which charities are formed.

The leading case of Macaura v Northern insurance shows us that a policy will not respond if the insurance cover does not reflect the true structure of the company.

Learning Objectives.

Delegates will be able to:

• Understand the structure of a sole trader
• Understand the structure of a partnership and how a limited liability partnership differs
• Understand the structure of a limited company and how a private limited company differs from a public limited company
• Understand how charities are formed