Events

Following a technical glitch on our last session, we're pleased to rerun Advanced Construction Risks! This session examines how the standard Joint Contracts Tribunal contract has influenced the Contractors' insurance product, where and to whom the building contract imposes responsibility for insurance and the main classes affected

Presented by Alan Chandler, one of the UK's most popular insurance presenters. Alan will take this opportunity to run through how business interruption insurance should be correctly set up. Alan will lift the myths away from Bi and show how, in his easy to understand style, you can get this cover on a correct footing going forward. Wrong advice relating to business interruption accounts for the second highest cause of professional indemnity claims against brokers. Many Bi policies are set up incorrectly throughout the UK and a lot of this results from lack of good clear client advice. It does not help that the term Gross profit in the insurance world means something different from Gross Profit in the accounting world.

We're kicking off Careers after babies month with our first workshop, the business case supporting working parents. In this session we will understand the typical experience of a women going on, and returning from, maternity leave and the issues she faces, articulate the business case for better supporting working parents of both sexes and understand the latest trends driving the need for change and understand how the business case applies in an insurance setting and how their own organisation needs to think about their own approach to retaining working parents.

The Ogden rate may sound an obscure thing, but it has massive implications both positively and negatively on liability settlements. All brokers, underwriters and claims staff should have a good understanding of the Ogden rate in order to explain rating changes to policyholders and understand why large liability claims will now be reducing.

The FCA have found following a thematic review that vulnerable customers are often not treated fairly. In fact, many Insurers pricing models have taken significant advantage of these customers, often the more vulnerable the customer the more the insurer has loaded rates at renewal. Some of the UK's largest institutions have been guilty of proactively targeting these individuals and the regulator has had enough of Insurers and brokers balancing their books on the most vulnerable in our society.

This session looks at some of the new BI solutions being developed by parametric insurers