CPD Webinar - Professional Indemnity Insurance - How Claims can Arise
This webinar, delivered by Alan Chandler, one of the most popular presenters in the UK, will provide an overview of how claims arise under professional indemnity insurance. It looks at the main case law underpinning the PI market, why the PI market is expanding in terms of number of policyholders needing the cover yet at the same time the capacity is decreasing due to the increase in claims.
The session will explore the problems posed by a claims made wording and the difficulty clients have going into retirement without adequate run off cover. The presentation also looks at how Pi claims arise in tort and in contract and why professionals are more likely to get sued than anytime before
By the end of the session, delegates will be able to understand:
- Understand the main purpose of professional indemnity cover;
- Understand how PI claims can arise;
- Understand the case law that supports the PI market;
- Understand why demand for PI is increasing but capacity decreasing.
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
1 hour's 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.