Product Liability & Financial Loss

Webinar
Wednesday, 07 April 2021
1:00 pm – 2:00 pm (UK time)

We welcome all members & guests to attend an lunchtime, via Zoom. This technical webinar is being delivered by Diane Jenkins BA (hons), ACII, Chartered Insurance Broker, who is a highly respected trainer in the insurance market.

Overview

This webinar will provide an overview of how standard financial loss exclusions apply in PL/Product policies, why separate financial loss cover is needed, the different types of businesses that need to consider financial loss and the various options for buying financial loss extension and the available wordings. The webinar will be interactive and will include polls and use of the chat function.

Learning Objectives

By the end of this webinar, delegates will be able to understand:

  • what is financial loss and how does liability arise for it;
  • the types of financial loss cover available;
  • the various financial loss exclusions, their importance and issues to consider, including contractual liability exclusions;
  • what are financial loss extensions; and
  • businesses which need to buy financial loss cover.

About the speaker:

Diane’s strength is in practical application of knowledge. She is the current Education Secretary of the London Business Interruption Association. Diane was part of the IIL Advance Study Group – Business Interruption Policy Wordings and she is a member of the Cyber Insurance Association. Diane’s work includes the delivery of training as an Associate for Nick Thomas & Associates, a specialist training, coaching and consulting provider to the UK insurance sector.

Link to recording of webinar as follows -

https://bdb-law.sharefile.com/d-sba33584b2dc44d22beb162ae03f0cf97

Venue

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.