Online Event - Development of parametric BI solutions – dealing with coverage gaps

Tuesday, 28 February 2023
11:00 am – 12:00 pm (UK time)
    • Nick Thomas

Online Event - Development of parametric BI solutions – dealing with coverage gaps

The Insurance Institute of Cardiff invite you to a webinar on Development of parametric BI solutions - dealing with coverage gaps

Event Details:

Tuesday 28th February 2023 11:00am – 12:00pm

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 at the time of booking.

About the session:

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

Content & Learning:

Limitations of current BI cover:

  • Material damage proviso
  • Limitations on intangible damage cover
  • Proof of loss

Parametric BI covers available and in development:

• Limitations

Comparison of covers.

Learning Objectives:

  • Be aware of the current coverage gaps found in BI insurance
  • Be able to identify how new parametric cover options may deal with some coverage gaps
  • Be able to compare parametric and conventional cover

About the speaker:

Nick is an Economics graduate with over 25 years corporate insurance broking experience

He was a highly successful sales producer in the UK broking market before progressing into regional and then national sales leadership roles. As National Development Director at HSBC, Nick was one of only 40 people from a global workforce of 265,000 selected as part of the STARS programme to recognise exceptional performance. He is a highly trained consultative sales specialist, and his experience includes a secondment with a major management consultant to design a best practice sales process.

In the mid-2000s, Nick developed a chronic health condition; his journey to recovery fostered a new range of interests, and a passion for health, and performance. He studied widely, qualifying as a Master Practitioner in Neuro-Linguistic Programming (NLP), obtaining a Diploma in Life Coaching, before going on to study Corporate/Business Coaching with The Coaching Academy. Nick is also a qualified Holistic Lifestyle Coach and Advanced Exercise Coach.

In the last two years Nick has worked in a self-employed capacity in training, coaching, and consulting. He works with a specialist adviser in Insurance sector M&A (Mergers & Acquisitions), and through Nick Thomas & Associates.

Further information:

A link will be sent via your email address supplied at the time of booking. PLEASE DO NOT share this with anyone else.

Please note that this webinar will be hosted on the Zoom platform which may be restricted by some employers. Members may need to utilise their own personal devices in these circumstances to access the platform.

CII Accredited

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.