Seven Deadly Sins
This seminar will highlight the main causes of negligence claims against brokers. G&A will summarise the most frequent errors that mean insurance brokers have to spend time defending themselves rather than helping their clients.
A rundown of the current underlying trends leading to Professional Indemnity notifications, along with some practical guidance on how to manage risk and reduce the chances of any allegations being brought.
Negligence Claims against Brokers: The Problem
Recurring Themes: Seven Deadly Sins
Mitigating the Risks: Simple Steps to Protect Your Business
SUMMARY OF LEARNING
Unfortunately it is highly likely brokers will face a PI claim at some point.
Bad things can and do happen to good firms.
Valuing what you do is a big part of good risk management.
Doing the simple things well can help to avoid mistakes and leave brokers well-placed in the event of claims arising
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
3/4 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.