Financial awareness for Account Executives

The Insurance Institute of Cardiff invite you to a webinar on; Financial awareness for Account Executives– a plain English overview for insurance staff on how to understand clients’ accounts and how an accountants figures differ from what insurers need

Event Details:

Thursday 22nd July 2027 – 12:00 – 13:00

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:

Understanding clients’ accounts has never been more important for brokers and underwriters alike, with tremendous scrutiny now being put on clients' accounts, so account executives, account handlers and underwriters will need to understand the main terminology.

The way accountants record financial information is often different from what insurers need and understanding the difference can help you ensure your clients get their sums insured right.

This presentation, provided by Alan Chandler one of the most popular presenters in the UK, looks to provide a plain English understanding of what is in a balance sheet, Profit and Loss account and a cash flow statement and how these can be read easily by non-accountants.

 Learning objectives:

Following this presentation the delegates will be able to:

·       The different component parts of a balance sheet and what brokers should look for.

·       The different parts of a profit and loss statement and what brokers should look for.

·       What is a cash flow statement.

·       How an accountant’s figures for buildings, contents, stock, and gross profit are not the same as we need for insurance.

About the speaker:

The Course will be run by Alan Chandler.

Alan has been an operations and project manager in three large global companies. NatWest insurance services, Royal Bank of Scotland insurance group and Allianz. In the last ten years running his own training company he has taken more than 1.000 people to ACII including six people who have achieved the top ACII pass rate in the whole of the UK. He has trained national prize winners in almost all CII subjects, has been a CII examiner and has a pass rate of 96% in cii training. His website is www.alanchandler.co.uk

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.