Insurance Institute of Middlesbrough Annual Dinner 2019
We would like to take this opportunity to thank those that attended and supported our annual dinner in October 2019. We have tallied up all of the money we have received in support our our President Natalie's chosen charities (The Insurance Charities and Bowel Cancer UK), and are delighted to announce that we have raised £1,000 to be split equally between both charities. We shall be looking to beat this amazing total at our next dinner and also look forward to welcoming old and new supporters to the event.
Tue 14 Jan. 2020
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The Rise of Errors & Omission Claims Against Brokers & why Broker PI Premiums are Soaring
Broker Professional Indemnity premiums are in many cases doubling which reflect the fact that Pi underwriters believe the possibility of claims against brokers has never been higher. This presentation will explore why the amount of errors and omission claims against brokers are on the increase and how these can potentially be mitigated. 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 than ever, 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.
Thu 02 Jul 2:00 pm – 3:00 pm
Alan Chandler, Alan Chandler Training
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