Development of Parametric Business Interruption Insurance

Online
Thursday, 18 May 2023
10:30 am – 11:30 am (UK time)
    • Diane Jenkins, Associate, Nick Thomas & Associates

Dealing with coverage gaps

This webinar builds on our earlier introduction to parametric insurance, but is also suitable as a standalone session for all who want to find out more about the developments in new Business Interruption (BI) solutions being developed by parametric insurers.

The session will address:

  • limitations of current BI cover
    • material damage proviso
    • limitations on intangible damage cover
    • proof of loss

  • parametric covers available now and in development
    • limitations

  • comparison of covers

Online Booking

To join us at this free webinar, please use our online booking form by clicking on the Book Now button below.

The session will be run using Zoom technology and a link to the meeting will be sent to those who register, at the time of booking.

Interested, but can't attend?
Don't worry if you can't make the date/time of this webinar, it is being recorded. Please book a place for the recording only and we will send you a link after the event to access the recording.

Learning Objectives
By the end of this webinar, attendees will:

  • be aware of the current coverage gaps found in BI insurance

  • be able to identify how new parametric cover options may deal with some coverage gaps

  • be able to compare parametric and conventional cover

About our Speaker
Diane Jenkins BA (Hons), ACII, Chartered Insurance Broker

Diane has huge experience working 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. Her strength is in practical application of knowledge with specific specialisms including Business Interruption, Cyber and Property Owners.

Diane 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, and she carries out the insurance cyber policy reviews for Cyber|Decider (https://www.cyberdecider.com/)

Diane’s work includes delivery as an Associate for Nick Thomas & Associates.

Venue
  • Online

Please note: This event is a regional collaboration between the local institutes in the area. Your booking details will be shared with the Insurance Institute of Sussex, which is acting as the host institute for this event.

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.