Webinar - A plain English overview of Contractors Insurance
The Insurance Institute of Cardiff invite you to a webinar on - A plain English overview of Contractors Insurance
Thursday 14th May 2020 – 09:00 – 10:00 am
The webinar will be run via Zoom, a global web-conferencing solution. Zoom is easy to use, a link and joining instructions will be sent to you the day before the webinar.
About the session:
This webinar will explore the main parts of a contractors insurance requirements. From small builder to plumbers through to large building firms there are an increasing number of contractors needing insurance often due to the fact that building firms now take on contractors rather than employees. These contractors need professional guidance on their insurance needs and this presentation will outline the main factors to be taken into account. As an example would a small building firm really understand the difference between labour-only and Bona-fide sub-contractors, if they do not have a broker they are in big trouble as the Insurance Act 2015 says they must make a fair presentation of risk, without help how do they do this? The presentation provided by Alan Chandler, one of the UK's most popular insurance presenters will look at the main insurance needs of a contractor. The presentation will include looking at contract works cover, understanding contractor liability cover including non-negligence cover, understanding the Business Interruption cover including understanding how to add fines and damages to the contractors’ policy and why current limits of indemnity are often not sufficient. The contractors sector will suffer badly from the hardening market and this presentation will look at how you can best get your clients’ needs correctly arranged. This presentation will be applicable for brokers, underwriters, claims staff and loss adjusters.
Delegates will be able to:
- Understand Contract works cover
- Understand contractors liability cover including non-negligence
- Understand the Business interruption requirements including how to add fines and damages cover
- Understand why the current limits of indemnity offered under contractors policies are often too low
A link will be sent via your email address supplied at the time of the booking prior to this event. PLEASE DO NOT share this with anyone else
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
1 hour's CPD can be claimed for this event if relevant to your learning and development needs.
It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.