The Ogden Tables in practice
The first edition of the Ogden Tables was published under the chairmanship of Michael Ogden QC in 1984. Since then, the Tables have become increasingly important in helping actuaries, lawyers and others involved in personal injury and fatal accident cases.
Following injury or death, courts aim to put the claimant, or his/her dependents into the same financial position as if the accident had not happened. This is achieved through a lump sum award, often using the Ogden Tables as the basis for determining the size of the payment due.
During this seminar, Alan Storey and Howard Quinlivan of Thomas Miller Law will provide a detailed update on the Ogden Tables, including the idea behind their inception and how they are used to calculate future losses.
This seminar will be particularly beneficial for those involved in personal injury or fatal accident claims arising from private and commercial Motor, Employers' or Public/Products Liability policies. It will also be of interest to anyone who wants to gain a better understanding of this subject.
This event takes place on Wednesday 28 March 2018 and is open to all members and their guests. If you would like to join us at this free one hour CPD seminar, please use our online booking system by clicking on the Book Now button below.
Please note that this event starts at 6.00pm sharp. Light refreshments (tea/coffee/juice and biscuits) will be available from 5.30pm onwards.
By the end of the session, delegates will:
understand the multiplier multiplicand approach
understand the application of the Ogden Tables
have a deeper understanding of the system
have better negotiating positions
be able to carry out better and more accurate reserve profiling
know when Ogden does and does not apply
There is plenty of free on-site parking at Clair Hall and Haywards Heath Station is just a few minutes' walk away.
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.