Webinar: Products Liability and Financial Loss

Wednesday, 20 October 2021
11:30 am – 12:30 pm (UK time)
    • Diane Jenkins ACII, Chartered Insurance Broker, Nick Thomas & Associates

Overview

Products Liability and Financial Loss

Financial loss is one of the most widely misunderstood cover areas. This technical session looks at financial loss cover, when and where it is needed and the various cover options available.

Objectives

How standard financial loss exclusions apply in PL/Products policies Understand why separate financial loss cover is needed. Recognise the different businesses that need to consider financial loss. Be aware of the various options for buying financial loss extensions and the different available wordings

Content and Learning

Types of financial loss cover available. Explanation of various financial loss exclusions, their importance, and issues to consider including contractual liability exclusions. Financial loss extensions The businesses that need to buy financial loss cover

Diane Jenkins - Biography

BA [Hons], ACII, Chartered Insurance Broker

Diane worked in the insurance Industry for 40 years with major Brokers across a range of roles and disciplines, to include:

Placement
Programme design
Training
New business
Client Servicing
Mergers and Acquisitions (M&A) due diligence

Diane is now a highly respected trainer to the insurance market.

She is the Education Secretary and former chairperson of the London Business Interruption Association. She was part of the IIL Advance Study Group - Business Interruption Policy Wordings and has collaborated with the authors of several Business Interruption textbooks. Diane is a member of the Cyber Insurance Association.

CII Accredited

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.