PI Issues of 2016

Wednesday, 01 June 2016
12:30 pm (UK time)

1) The Insurance Act:

The new regime imposed by the Insurance Act - which marks the biggest shake-up in insurance law since 1900 - comes into force on 16 August this year. With it comes an array of new duties and concepts, each of which gives rise to opportunities and risks. In this talk, we will look at the position from the broker's perspective and will identify where the pitfalls and the possibilities lie.

2) Emerging Risks:

The last few years have seen a huge increase in the different types of companies obtaining professional indemnity cover. This brings with it, its own challenges for insured clients, their brokers and insurers. This talk will explore the way in which the insurance industry is adjusting to this 'new class' of business. We will consider particular themes that have emerged and how some of the problems can be resolved.

3) Alternative Dispute Resolution and your Insureds:

We have seen an increase in the number of adjudications being pursued against construction professionals - and the solicitors pilot adjudication scheme is now a year old. In this talk, we explore the current Alternative Dispute Resolution landscape and explain some of the different types of ADR that may be available for your insureds and the circumstances in which each might be appropriate

Learning objectives

Learning about the key provisions of the new regime imposed by the Insurance Act

Identifying the risks and the potential rewards for brokers arising from the Insurance Act

Exploring some of the emerging risks in professional indemnity insurance with a focus on how to resolve commonly encountered problems

Learning about some of the different forms of Alternative Dispute Resolution that exist and how they might affect your insureds.

Date: Wednesday 1st June

Venue: The Topsham Room, Exeter Golf and Country Club

Topsham Road, Exeter EX2 7AE www.exetergcc.co.uk

Time: 12:45 - 14:15

Registration from 12:15pm

A sandwich lunch will be served from 12:30pm

How to secure your place at this event:

Send your name and CII PIN to Nigel.Hook@btinternet.com

before Friday 13th May.

No PIN = No booking

Please tell us if you have any special dietary needs

This event is likely to be popular. Please help us by not booking unless you are certain to be able to attend. We have recent experience of people booking and not attending, or cancelling on the day of the event without offering a reason.

CII Accredited

This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.

1 1/2 hours' 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.