The Rise of Errors and Omission Claims Against Brokers

The Rise of Errors and Omission Claims Against Brokers

By Alan Chandler, Chartered Insurer.

Alan has undertaken operational management roles in three major global companies - NatWest Insurance Services, RBS Insurance Group and Allianz Insurance. He has run underwriting, broking and claims functions. Ten years ago he set up his own training company, something that he had always longed to do as he is passionate about training. Since then he has trained well over a thousand people to become ACII qualified including six individuals who have achieved the best ACII completion in the whole of the United Kingdom.

Thursday 23rd July: 4.00pm - 5.00pm

Overview

This presentation will explore why the amount of errors and omission claims against brokers are on the increase.
Various new pieces of legislation including the brokers duty under the Insurance Act 2015, GDPR and the Insurance Distribution Directive are making brokers more vulnerable which coupled with increased litigation in society, increased client expectations and ever higher regulatory demands mean that brokers cannot continue to do what they have always done, far more proactivity is required. Alan Chandler who is widely regarded as one of the leading trainers and presenters within the UK will provide a number of examples of how the tide of litigation is turning against insurance brokers and what they need to do to mitigate their E&O risks.

Learning objectives.

By the end of the seminar,delegates will be able to identify:

•why broker error and omission claims are increasing;
•how recent statutes are increasing the E&O risk
•how to take positive action to mitigate these E&O risks

Further information.

A link will be sent via your email address supplied at the time of the 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.