(GI) Afternoon Seminar - Ogden Tables and IDD – each subject 1 hour sessions.
This event is kindly sponsored by Ecclesiastical
This afternoon seminar is broken down into two 1 hour sessions, including a refreshment break. There will be the opportunity to network following this event. Parking included.
The Ogden Table (Discount rate) change presentation - why the change was so controversial and what happens next
Insurance Distribution Directive....It's Coming Home
The IDD will have great impact on all insurance staff and includes the need to have compulsory training of 15 hours a year for all general insurance staff . This has nothing to do with CII CPD it will become a legal requirement for all staff involved in insurance distribution from October to undertake the required training.
This will be the first time ever that a minimum stipulated number of training hours will become a legal requirement in the UK general insurance market! The IDD will also introduce more detailed rules on disclosing the source of a brokers income and very strict and precise rules on what a policy summary must look like for consumer customers- there will be no deviating from the way you do this summary. Rules relating to how you can create insurance products will also be changing and those involved in new product creation will have to demonstrate their expertise.
This event will be suitable for anyone on the general insurance side involved in insurance distribution, so brokers, underwriters, claims staff, loss adjusters - they all need to be understanding these key changes. This also includes any IFA's involved in 'protection products'
The learning objectives for the Insurance Distribution Directive are as follows:
Alan has undertaken operational management roles for three major global companies. NatWest Insurance Services, RBS Insurance Group and Allianz Insurance and has run underwriting, broking and claims functions.
12 years ago he set up his own training company something that he had always longed to do due to his passion for training and professionalism.
Alan has trained over many 75% of the Bristol Institute examination award winners for Diploma and Advanced Diploma subjects.
He has also trained six of the individuals who have achieved the best ACII completion in the whole of the United Kingdom.
Many of the people he has trained have won national prizes from subjects as diverse as Law (MO5), Liability (M96), Commercial Property and BI (M93), Personal Lines Insurance (M86), Business and Finance (M92), Underwriting Practice (M80), Advanced Underwriting (960), Claims Practice (P85),Advanced Claims (820), Marketing (945) and Advanced Broking (930).
Alan helps run the Allianz scholarship programme in both the UK and Ireland. He also runs throughout the UK and Ireland the Allianz technical academy programme for their brokers and the Allianz Cii training programme for their staff. He is one of the few individuals that can take someone from Certificate and train them all the way through to ACII with pass rates regularly exceeding 96%.
As well as training in Allianz Alan has undertaken training for most of the major brokers and Insurers at some point including Marsh, Aon, Gallagher, Zurich, RSA, Aviva and and many others, this is in addition to undertaking work for the Chartered Insurance Institute.
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
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.