An Introduction to Parametric Insurance

The Insurance Institute of Hull is pleased to organise a webinar the details of which are as below:

Topic: An Introduction to Parametric Insurance

Date: Wednesday 23rd February at 2.30 pm

Please click the link below to join the webinar:

https://us02web.zoom.us/j/88900699042?pwd=VG9oSitxSkRzVEpyMU1pYTZQKzRMdz09

Passcode: 483264

Overview: This introduction to parametric insurance is an excellent opportunity for delegates to develop their understanding of this type of insurance. Parametric insurance is not new but is being developed for SMEs and provides options for previously uninsurable risk, such as flood.

Content and Learning:

• What is parametric insurance? Various product examples, and how they can be utilised
• How parametric solutions differ from other insurance solutions
• The potential of parametric solutions for SMEs

Learning Objectives:

• Be able to outline the features of parametric insurance
• Know when parametric insurance can be used as an alternative or to supplement conventional insurance
• Be aware of the main parametric products currently offered or being developed

Speakers - Diane Jenkins and Nick Thomas

Diane is now a highly respected trainer to the insurance market.

Diane has huge experience working with major Brokers across a range of roles and disciplines, to include:

• Placement
• Programme design
• Training
• New business
• Client Servicing
• Mergers and Acquisitions (M&A) due diligence

Diane’s strength is in practical application of knowledge with specific specialisms including Business Interruption, Cyber and Property Owners.

Nick offers a unique combination of skills in the UK insurance training sector – an industry sales specialist and a professional coach and trainer. 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.