This comprehensive and interactive one-hour webinar will focus on the judgment following the FCA’s ground-breaking test case at the High Court. The hearing concluded on 30 July and the judgment was handed down on 15 September. Eight days were spent analysing key policy wordings and individual words and their everyday meanings and this is reflected in the judgment that runs to 162 pages. Is the judgment clear? Well not entirely! Insurers who have over-interpreted their wordings (trying to establish the original intention) look like they are on the hook (pending an appeal) but some who have tighter wordings appear not to be so. The FCA consider some 370,000 insureds have had payments denied and this appears to be a conclusive win for them and the policyholders at the heart of this. This case will be momentous and will set clear precedent as to the clarity of wordings and what needs to happen to ensure future cover is clear and understood by all parties. At the same time it will highlight the exposure for insurance brokers all of whom will have arranged these covers for clients (and some will be classed as co-manufacturers under PROD) and encourage them to robustly reassess their advice process under ICOBS and their overriding professional duty to clients thus ensuring their own professional indemnity costs remain reasonable. Learning objectives - by the end of this webinar delegates will gain insights into: - The Test Case and why brought; - The judgment - what has been decided; - The threat to brokers in terms of the advice process; - ICOBS and how to ensure your sales process is robust. It is relevant to general insurance brokers/intermediaries, their insurers, and any other market participants. Joining instructions will be sent out shortly before the Zoom webinar begins and all participants will receive a copy of the presentation after the talk.View event details
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It is becoming increasingly difficult for Insurers, brokers, loss adjusters and IFA’s to recruit and retain quality staff. The reality is that at the moment the demand for qualified experienced quality staff in insurance far exceeds the availability of these staff in the marketplace, and so undertaking a great staff appraisal process is vital in ensuring you retain and motivate your staff.View event details
This webinar will focus on the financial aspects of weathering the current storm.View event details
REPEAT WEBINAR: A plain English explanation of how to answer the most common question of the moment: 'does my BI policy cover Covid-19?'
Due to demand, we will be offering two further webinars on this subject. Alan Chandler, who is well known to our members having delivered a number of well received presentations, will be presenting a thirty minute simple to understand presentation on what so many policyholders are asking, which is 'does my Business interruption policy cover Covid-19?'.View event details
WEBINAR: A plain English explanation of how to answer the most common question of the moment: 'does my BI policy cover Covid-19?'
Alan Chandler, who is well known to our members having delivered a number of well received presentations, will be presenting a thirty minute simple to understand presentation on what so many policyholders are asking, which is 'does my Business interruption policy cover Covid-19?'.View event details
An exciting presentation by two respected underwriters, exploring Cyber Liability emerging trends, then following with Professional Indemnity coverage, claims and contract clauses.View event details
This talk will look at surge events in claims & how to manage both the customer and indemnity demand.View event details