Reviewing Contracts for their Insurance Implications

This is an excellent opportunity to better understand how delegates can review insurance contracts for their insurance implications - a service that is often requested by clients.

The session explores the main issues typically found in contracts from both a broker and insurer viewpoint.

During this webinar, Diane will explore:

• what advice brokers and insurers cannot/must not provide

• types of contracts to be reviewed

• key parts of the contract that need to be reviewed

• responsibilities – does the contract increase the common law position, subrogation waivers, hold harmless?

• indemnities – what does the client promise to pay? How does this match policy language and exclusions? Is there a quantum limit, contractual liability exclusions in many liability policies?

• obligations/duties – checking with insurers before making commitments, extra fees?

• insurance – types of insurance and limits required, key clauses required e.g., Principal’s Clause

• key issues to look out for that may be a problem

Online Booking
If you would like to join us free one hour webinar, please use our online booking system by clicking on the Book Now button below.

This webinar will be run using Zoom technology and joining instructions will be provided to those who register to attend.

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

• have an improved understanding of the clients’ liabilities associated with key contracts

• be able to identify key areas of risk in commercial contracts

• know how to improve advice given to clients about contract risk

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